World shares mostly advance and oil prices dip after Israel and Hamas agree to pause fighting | Business

World shares mostly advance and oil prices dip after Israel and Hamas agree to pause fighting | Business

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Image shows Advanced Micro Devices (AMD) booth one day before the China Digital Entertainment Expo & Conference (ChinaJoy) at Shanghai New International Expo Center on August 1, 2019

Wall Street analysts explain how AMD’s own stock will pay for OpenAI’s billions in chip purchases 

After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so.  To recap: OpenAI has agreed to help AMD refine its line of Nvidia competitor chips, the Instinct GPUs, as well as to purchase and deploy 6 gigawatts of compute capacity from AMD over…

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Opinion | Consumers will decide the course of the US-China tech rivalry

Opinion | Consumers will decide the course of the US-China tech rivalry

Regardless of how trade talks go, the US-China tech rivalry isn’t going away. From each side’s perspective, maintaining a lead in futuristic technologies matters significantly for economic growth and national power. Now, we’re entering round two. The first round was mostly defined by US export controls aimed at slowing China’s development of advanced technologies. These…

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Developing | Tech war: Huawei trumpets AI computing breakthrough for China ahead of Xi-Trump call

Developing | Tech war: Huawei trumpets AI computing breakthrough for China ahead of Xi-Trump call

Huawei Technologies unveiled hardware that it said could deliver world-class computing power without using Nvidia’s advanced chips, in a breakthrough that could potentially free the supply chokehold that constrains China’s aspirations in artificial intelligence. The Shenzhen-based telecoms equipment giant said it had developed the “world’s most powerful” supernode computing cluster using local chipmaking processes, providing…

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Hong Kong Fund Invests in Medical Innovations for Greater Bay Area Hospitals - News and Statistics

Market Outlook: AI Selloff, Jobs Data, Fed Policy, and Tariffs – News and Statistics

Aug 31, 2025 Markets face a critical four-day trading week following Friday’s volatility in technology stocks, which saw AI-related shares retreat despite the S&P 500 ($SPX) reaching new highs earlier in the week. According to a Yahoo Finance report, the selloff was triggered by concerns over China’s semiconductor ambitions, particularly reports that Alibaba is developing…

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US Senators, including Chuck Schumer, slam Donald Trump over 15% cut on Nvidia, AMD AI chip sales to China in an open letter; say: Our national security and military readiness relies upon ...'

US Senators, including Chuck Schumer, slam Donald Trump over 15% cut on Nvidia, AMD AI chip sales to China in an open letter; say: Our national security and military readiness relies upon …’

Six Senate Democrats have sent an open letter to President Donald Trump, asking him to reconsider his decision to permit tech giants Nvidia and Advanced Micro Devices (AMD) to sell advanced AI semiconductor chips to China. The group of senators include Chuck Schumer, Mark Warner, Elizabeth Warren, Jack Reed, Jeanne Shaheen and Christopher Coons. They…

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