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Tech
Nvidia shares pop on strong AI demand despite hit from China chip restrictions
Nvidia reported strong demand for its AI chips and solid first-quarter results on Wednesday, providing some relief to anxious investors…
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Oracle to buy $40B of Nvidia chips for OpenAI’s US data center: report
Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data center, the Financial Times reported Friday.…
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OpenAI’s Sam Altman rips ‘naive’ critics of Trump-backed AI chip deals with UAE, Saudi Arabia
OpenAI boss Sam Altman defended the Trump administration’s move to support artificial intelligence deals with the UAE and Saudi Arabia…
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Trump administration to rescind Biden-era AI chip export curbs
President Trump’s administration plans to rescind and modify a Biden-era rule that curbed on the export of sophisticated artificial intelligence chips,…
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Wall Street on edge as more ‘Magnificent 7’ tech stocks report earnings this week
The Nasdaq index lost ground on Monday as Wall Street scrambled to gauge the toll President Trump’s tariff war has…
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Nvidia vows to spend up to $500B to build AI servers in US amid Trump pressure
Nvidia said it is planning to build AI servers worth as much as $500 billion in the US over the next…
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iPhones, Chinese-made electronics will likely be subject to more Trump tariffs, Commerce Secretary Lutnick says
President Trump’s tariff exemption for iPhones and other Chinese-made electronics may only be temporary, Commerce Secretary Howard Lutnick said Sunday…
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Nvidia stock slides as CFO cites ‘unknowns’ on Trump tariffs, export controls
A top Nvidia executive said President Trump’s potential tariffs and export controls on its powerful computer chips remain an “unknown”…
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Nvidia revenue jumps 78%, gives bullish forecast despite DeepSeek AI fears
Nvidia forecast first-quarter revenue above market estimates on Wednesday, expecting robust demand for its leading AI chips to persist as businesses spend heavily to expand generative…
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US probes whether DeepSeek got Nvidia chips in Singapore despite export controls: report
The Trump administration is reportedly probing whether DeepSeek bought Nvidia’s advanced computer chips through Singapore – despite US export controls…
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