r/stocks(lean-left)
Recent reporting from Reuters highlights a significant step in China's semiconductor self-sufficiency efforts. Hua Hong Semiconductor, the country's second-largest chipmaker, is preparing to produce 7nm chips at its Fab 6 facility in Shanghai through its foundry arm, Huali Microelectronics.
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Nvidia is restarting the production of one of the company’s chips that is designed to comply with US export restrictions on China, CEO Jensen Huang said at a press conference on Tuesday.
The company had halted manufacturing last year of its H200 chip, which is based on its ageing Hopper technology
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Just days ahead of the US-Israeli air strikes on Iran, a news report suggested that Beijing was close to selling supersonic cruise missiles to Tehran – a move that could significantly boost the Islamic Republic’s capacity to counter US aircraft carriers.
Before the world could work out whether game-
Read full original ›Wall Street Journal(lean-right)
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
Read full original ›Reuters(center)
Exclusive: Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro, sources say Reuters
Read full original ›Financial Times(lean-left)
Chief executive Jensen Huang says company received flood of orders and American licences over past two weeks
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