Artificial Intelligence – Page 41 – Charm

How China streamlines national labs into tech war machines: a case study of HK

Cs news10 months ago02 mins

Hong Kong’s once sprawling and diffuse network of state-backed research labs has undergone a surgical transformation – streamlined, repurposed and laser-focused on Beijing’s strategic technology ambitions. In a move emblematic of China’s broader overhaul of its national scientific apparatus, the city has dismantled underperforming labs, rebranded legacy institutions and launched three cutting-edge facilities dedicated to…

US Stocks Fall as Fed’s Preferred Inflation Gauge Remains Sticky

Cs news10 months ago10 months ago01 mins

US stocks retreated from records as investors took profits after the Federal Reserve’s preferred measure of underlying inflation remained stubbornly high last month. The S&P 500 Index fell 0.7% at 11:10 a.m. in New York, slipping below the key 6,500 level. The gauge is still on track to notch four straight months of gains and…

Nvidia’s Hyper-Growth Keeps Stock Valuation Out of Bubble Zone

Cs news10 months ago10 months ago01 mins

For all of the handwringing about Nvidia Corp.’s sky-high market value pushing the stock into bubble territory, its revenue growth is keeping investors buying. While the chipmaker’s earnings this week weren’t the blowout Wall Street was hoping to see, they did show that its sales are still climbing faster than most of the technology universe….

Nvidia’s China-based rival posts 4,300% revenue jump as chipmakers’ earnings reported no H20 chip sales to the country

Cs news10 months ago011 mins

Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in…

Big Tech investment powers Nvidia results, but Wall Street says ‘inevitable’ slowdown looms

Cs news10 months ago10 months ago06 mins

Big Tech’s massive artificial intelligence investments continued to fuel Nvidia’s (NVDA) rapidly growing data center business this quarter, but Wall Street is flagging the risk of a slowdown and what that means for the AI chipmaker. Nvidia said in its second quarter filing to the Securities and Exchange Commission that large-scale cloud service providers made…

Zhejiang has new tours to lure Hong Kong, Macao travelers

Cs news10 months ago10 months ago06 mins

The most popular window with social media influencers at Deep Blue offers a beautiful lake view in Anji, Zhejiang province. (PROVIDED TO CHINA DAILY) Tourists from the Hong Kong and Macao special administrative regions can expect new, accessible travel options in Zhejiang province on the Chinese mainland, as industry leaders from the three regions met…

US report on Chinese ‘spy threat’ to universities ‘may have chilling effect’ on ties

Cs news10 months ago02 mins

The report, compiled by the National Counterintelligence and Security Centre, alongside the Department of Education and other federal bodies, was published online on Monday, and said: “The Chinese Communist Party and Chinese intelligence services represent the broadest, most active, and persistent espionage threat to the US. It also remains the top threat to US technology…

New study sheds light on what kinds of workers are losing jobs to AI

Cs news10 months ago10 months ago08 mins

Artificial intelligence is replacing entry-level workers whose jobs can be performed by generative AI tools like ChatGPT, a rigorous new study finds. Early-career employees in fields that are most exposed to AI have experienced a 13% drop in employment since 2022, compared to more experienced workers in the same fields and when measured against…

With market on edge over AI bubble, chip stocks shudder as investors send Nvidia down 3% despite 56% growth in data center revenue

Cs news10 months ago10 months ago05 mins

Nvidia posted record results for the second quarter of 2025, exceeding analysts’ expectations on both revenue and profit, yet shares slipped modestly in after-hours trading as its crucial data center division narrowly missed Wall Street forecasts. Nvidia reported revenue of $46.7 billion for the second quarter, marking a 56% increase compared to the same period last year….

How to watch Nvidia report earnings. Time, date, more

Cs news10 months ago10 months ago04 mins

NVIDIA CEO believes US tech companies will survive tariffs In an interview with USA TODAY, Jensen Huang, CEO of the world’s most valuable company NVIDIA, discussed President Trump’s tariffs and manufacturing. Nvidia (NVDA) is slated to report its second-quarter earnings after the bell on Wednesday, Aug. 27, roughly two weeks after the company agreed to…