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Tag: Breaking News: Technology

Nvidia looking to halt H20 chip production after China cracks down on purchases
  • China News

Nvidia looking to halt H20 chip production after China cracks down on purchases

Cs news9 months ago06 mins

An Nvidia chip is seen through a magnifying glass in Beijing, China, on August 1, 2025. Vcg | Visual China Group | Getty Images Nvidia has asked some of its component suppliers to stop production related to its made-for-China H20 general processing units, as Beijing cracks down on the American chip darling, The Information reported…

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Potential return to China a final bid in Hong Kong listing
  • Hong Kong News

Potential return to China a final bid in Hong Kong listing

Cs news9 months ago08 mins

Key Points Analysts suggest Shein’s reported shift of its headquarters back to China could mark a final effort by the retailer to keep its embattled IPO on track. “After years of trying to position itself as a global brand rather than a Chinese fashion company, it’s back to square one,” Perris Lee told CNBC. The…

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Palantir stock slumps 9%, falling for a fifth straight day from record
  • Finance

Palantir stock slumps 9%, falling for a fifth straight day from record

Cs news9 months ago9 months ago02 mins

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir‘s stock slumped more than 9% on Tuesday, falling for a fifth straight day to continue its pullback from all-time highs….

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Trump administration weighs 10% stake in Intel via Chip Act grants
  • Celebrity

Trump administration weighs 10% stake in Intel via Chip Act grants

Cs news9 months ago9 months ago07 mins

Lip-Bu Tan, CEO of Intel, departs the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images The Trump administration is discussing taking a 10% stake in Intel, according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become the chipmaker’s…

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Shein reportedly weighs moving back to China to gain approval for Hong Kong IPO
  • Hong Kong News

Shein reportedly weighs moving back to China to gain approval for Hong Kong IPO

Cs news9 months ago02 mins

Jonathan Raa | Nurphoto | Getty Images Shein is considering moving its headquarters back to China from Singapore in a bid to convince Beijing authorities to approve the online fast-fashion company’s Hong Kong initial public offering, according to a Bloomberg report on Tuesday.  The report said that Shein had gone so far as to consult…

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Tesla Optimus rival Unitree shines at China's world robot games
  • China News

Tesla Optimus rival Unitree shines at China’s world robot games

Cs news9 months ago03 mins

The first “World Humanoid Robot Games” is in the books. The three-day competition hosted in Beijing wrapped on Sunday, attracting 280 teams from 16 countries, including the U.S. Teams used robots manufactured by Chinese companies such as Unitree and Booster. During the games, humanoid athletes competed in dance battles, martial arts, track and field events…

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China's electric car industry invests more overseas than at home
  • China News

China’s electric car industry invests more overseas than at home

Cs news9 months ago06 mins

Brazilian President Luiz Inacio Lula da Silva and China’s Great Wall Motor (GWM) CEO Mu Feng attend the opening of the GWM automobile factory on August 15, 2025, in Sao Paulo, Brazil. China News Service | China News Service | Getty Images BEIJING — Chinese electric car companies are increasing investments in overseas factories as…

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OpenAI's Sam Altman says AI market is in a bubble
  • Finance

OpenAI’s Sam Altman says AI market is in a bubble

Cs news9 months ago9 months ago07 mins

OpenAI Co-Founder and CEO Sam Altman speaks at Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI CEO Sam Altman thinks the artificial intelligence market is in a bubble, according to a report from The Verge published Friday.  “When bubbles happen, smart people get overexcited…

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Why Wall Street kept sending the S&P 500, Nasdaq to fresh records this week
  • Finance

Why Wall Street kept sending the S&P 500, Nasdaq to fresh records this week

Cs news9 months ago9 months ago09 mins

The stock market ended the week higher as Wall Street speculated on how a spate of economic releases would impact the Federal Reserve’s next interest rate decision. The S & P 500 and Nasdaq both gained nearly 1% over the past five sessions. Both benchmark gauges hit several record closes this week, with the S…

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Tech IPOs Bullish, Figma, Circle roaring after 'years of Prohibition'
  • Finance

Tech IPOs Bullish, Figma, Circle roaring after ‘years of Prohibition’

Cs news9 months ago9 months ago011 mins

Brendan Blumer, Chairman of of Bullish and Tom Farley, CEO of Bullish, Bullish a cryptocurrency exchange operator, pose with staffs during the company’s IPO at the New York Stock Exchange in New York City, U.S., August 13, 2025. NYSE The Bullish IPO this week took on added significance, perhaps because of the company name. When…

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