As global markets react to the Federal Reserve’s decision to cut interest rates, small-cap stocks have shown notable sensitivity, with indices like the Russell 2000 experiencing a rally. In this dynamic environment, identifying high-growth tech stocks in Asia involves looking for companies that can leverage technological advancements and adapt to changing economic conditions while navigating…
MUNICH (Reuters) -U.S. tariffs have cost Volkswagen, Europe’s largest carmaker, billions of euros so far, its chief executive said on Monday, adding that its key brand Porsche was being squeezed in a “sandwich” of duties and a weak Chinese market. “Up to now, it’s several billion euros on our balance sheet that this situation costs…
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 3.3% in the afternoon session after investors continued to lock in some profits, as its latest earnings report failed to meet the market’s highest expectations. The decline extends from the previous session, as investors reacted to a quarterly report that, while strong, showed signs of…
(Reuters) -Nvidia has told some of its component suppliers to suspend production work related to H20, its AI chip tailor-made for the Chinese market, The Information reported on Thursday, citing two people with direct knowledge of the communications. Reuters could not immediately verify the report. (Reporting by Yazhini MV in Bengaluru; Editing by Sumana Nandy)…
Media personality and entrepreneur Kevin O’Leary says President Donald Trump‘s deal allowing NVIDIA Corp (NASDAQ:NVDA) and Advanced Micro Devices Inc (NASDAQ:AMD) to sell semiconductor chips in China under a government revenue-sharing plan is mutually beneficial. The controversial deal allows both companies to sell their advanced AI chips, the H20 and MI308, to the Chinese market…
Nvidia (NVDA, Financials) is flatly denying Chinese claims that its new H20 AI chip could be used for hidden surveillance. The Cyberspace Administration of China pressed the company for answers after reports of potential backdoor features. The H20 was built specifically for the Chinese market after the US clamped down on high-end chip exports. It’s…
By Ana Mano SAO PAULO (Reuters) -China has approved 183 new Brazilian coffee companies to export products to the Chinese market, according to a social media post of the Chinese embassy in Brazil on Saturday. The measure, a boon to local exporters after the United States government’s announcement of steep tariffs on Brazilian coffee and…
WASHINGTON (AP) — China’s cyberspace regulators on Thursday summoned Nvidia (NVDA) over security concerns that its H20 chips can be tracked and turned off remotely, the Cyberspace Administration of China said on its website. In the meeting, Chinese regulators demanded that the U.S. chip company provide explanations on “backdoor safety risks” of its H20 chips…
The Department of Justice, led by Secretary for Justice Paul Lam SC, hosted a seminar this month in Paris, titled “Hong Kong Legal Services – Gateway to China and Beyond”. The speakers included French lawyers living and working in Hong Kong, as well as French business leaders who have invested and managed part of their…
(Reuters) -Argentina said on Monday that Chinese citizens with valid U.S. entry visas would not need Argentine visas to enter the country for tourism or business, a loosening of requirements that comes amid warming ties between Beijing and Buenos Aires. Argentina is a key supplier of products including beef, soy and lithium to the Chinese…