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Nvidia-Supplier Foxconn Reportedly Bets Big On AI With Up To $3 Billion Annual Spend As Chairman Warns Of Shakeout In Brutal Chinese EV Market – NVIDIA (NASDAQ:NVDA), Hon Hai Precision (OTC:HNHAF)

Cs news4 weeks ago04 mins

Nvidia Corp (NASDAQ:NVDA) supplier Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF), is reportedly shifting its financial firepower toward artificial intelligence. Foxconn Pours Billions Into AI As Business Mix Shifts Foxconn Chairman Young Liu said that the company will invest between $2 billion and $3 billion a year into AI…

Scott Bessent Expects US-China Rare Earths Deal By Thanksgiving Based On Xi Jinping’s ‘Word’ But Issues Caution: ‘All Options…’

Cs news1 month ago1 month ago05 mins

Treasury Secretary Scott Bessent expressed optimism about the ongoing rare earths deal between the U.S. and China, hinting at a potential resolution by Thanksgiving. Bessent Optimistic On China’s ‘Word’ Bessent revealed that the rare earths deal between the U.S. and China is on track to be completed by Thanksgiving. In an interview with Fox News’ “Sunday Morning Futures, he expressed…

Consumer Tech News (Nov 10-14): China Lifts Rare Earth Export Ban to U.S., Microsoft and Google Invest Billions in AI Data Centers & More – Advanced Micro Devices (NASDAQ:AMD), Apple (NASDAQ:AAPL)

Cs news1 month ago08 mins

China has suspended its nearly year-long ban on exports of gallium, germanium, and antimony to the United States. The country’s Commerce Ministry broke the news on Sunday, following the recent “amazing meeting” between President Donald Trump and Chinese President Xi Jinping. President Donald Trump has demanded that all air traffic controllers return to work as the nation’s aviation system endured…

Bill Gates’ Daughter Phoebe’s AI Shopping Assistant Found Collecting Extensive User Data: Report

Cs news1 month ago1 month ago04 mins

Phia, an AI shopping assistant co-founded by Bill Gates’ daughter Phoebe Gates, has reportedly come under scrutiny for its data collection practices. Phia’s Data Collection Under Scanner Phia’s browser extension has been found to collect extensive user data, raising privacy concerns. According to a report by Fortune, Phia has been found collecting extensive user data through its…

Elon Musk Says ‘Game On’ As Tesla Robotaxi Rival Waymo Expands Operations – Tesla (NASDAQ:TSLA)

Cs news1 month ago1 month ago03 mins

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Saturday responded to Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo’s announcement of expansion of its operations in the San Francisco Bay Area. Waymo Expands Operations This development marks a significant step for Waymo as it seeks to broaden its autonomous vehicle operations. The expansion will allow its self-driving cabs to operate on highways, increasing…

Stock Market Today: Dow Jones, Nasdaq Futures Drop Amid ‘Impaired’ Economic Data After Shutdown— Warner Bros, NU Holdings, Applied Materials In Focus – SPDR S&P 500 (ARCA:SPY)

Cs news1 month ago1 month ago08 mins

U.S. stock futures declined on Friday after Thursday’s sharp sell-off. Futures of major benchmark indices were lower. This came despite the government reopening, as the Donald Trump administration stated that two of the most vital inputs for the Federal Reserve wouldn’t be released. White House Press Secretary Karoline Leavitt said, “All of that economic data…

Jeff Bezos’ Blue Origin Finally Gets A Big Win With New Glenn — And SpaceX CEO Elon Musk Couldn’t Help But Applaud

Cs news1 month ago1 month ago03 mins

On Thursday, Blue Origin’s New Glenn launch and landing marked a turning point for Jeff Bezos’ space ambitions — and also drew a warm nod from his biggest space rival, Elon Musk. New Glenn Lands Smoothly In One Of Blue Origin’s Most Crucial Missions Yet Blue Origin successfully launched and landed its massive New Glenn…

Vietnam’s VinFast Hits Over 20,000 Monthly EV Deliveries – VinFast Auto (NASDAQ:VFS)

Cs news1 month ago02 mins

VinFast Auto Ltd. (NASDAQ:VFS) shares edged slightly lower on Wednesday after the Vietnamese automaker posted record-breaking delivery numbers for October 2025. The company announced it delivered 20,380 electric vehicles in Vietnam, making it the first domestic automaker to surpass the 20,000 mark in a single month. The milestone underscores VinFast’s growth and strengthening dominance in…

Consumer Tech News (Nov 3-7): Trump Blocks Nvidia Blackwell AI Chip Exports, China Bans Foreign AI Chips In Data Centers & More – Adeia (NASDAQ:ADEA), Advanced Micro Devices (NASDAQ:AMD)

Cs news1 month ago08 mins

President Donald Trump has declared that Nvidia’s (NASDAQ:NVDA) advanced Blackwell AI chip will not be available for “other people.” This decision comes amid concerns about the potential sale of a scaled-down version to China. In a bid to reduce China’s dominance in the rare-earth magnet sector, two U.S. startups have secured a $1.4 billion deal with the Trump administration and private…

Weekend Tech Round-Up: Nvidia’s AI Chip Sale To China Blocked, Apple’s Billion-Dollar Deal With Google And More

Cs news1 month ago04 mins

The tech world was buzzing over the week with a series of intriguing developments. From the Donald Trump administration’s move to block Nvidia’s AI chip sale to China, to Apple’s billion-dollar deal with Google, the weekend was packed with stories that could have significant implications for the tech industry. Here’s a quick roundup of the…