OpenAI CEO Sam Altman has warned that export controls alone are not an effective strategy to curb China’s development of artificial intelligence (AI). He’s absolutely right. China’s rapid ascendancy in the global AI race is becoming increasingly evident, driven by its strategic focus on engineering, application-driven development and alignment with national policy. While the US…
Nvidia (NVDA) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Over the past month, shares of this maker of graphics chips for gaming and artificial intelligence have returned +0.3%, compared to…
This article first appeared on GuruFocus. Alibaba (BABA, Financials) is testing a new artificial intelligence chip that could give Chinese firms more options as access to Nvidia hardware remains restricted, the Wall Street Journal reported Friday. The chip is built by a Chinese manufacturer and is more versatile than Alibaba’s earlier AI processor, which had…
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…
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…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Chipmaker NVIDIA Corp.’s (NASDAQ:NVDA) CEO, Jensen Huang, announced an optimistic vision for the future of artificial intelligence during the company’s second-quarter earnings call on Wednesday. During the call, Huang framed AI as “a new industrial revolution,” highlighting its…
This article first appeared on GuruFocus. Alibaba (NYSE:BABA) is stepping deeper into the AI chip race, rolling out a new processor that’s more versatile than its older designs, the Wall Street Journal reported. The chip is built for AI inference letting trained models analyze new data and unlike most homegrown rivals, it works with Nvidia’s(NASDAQ:NVDA)…
Nvidia (NVDA) and other US chip stocks fell on Friday as a pair of headlines put the sector on track for a losing week after Nvidia’s high-profile earnings report on Wednesday garnered a tepid reaction from investors. Nvidia shares dropped more than 3% Friday and shed about 2% for the week. Friday’s drop came after…
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Looks like an airship, acts like a windmill. Engineer says…
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Looks like an airship, acts like a windmill. Engineer says…