Michael Martina

    US to allow Nvidia H200 chip shipments to China, Trump says

    Nvidia shares rise 2% in after-hours trading after Trump’s announcement US has concerns over AI chips aiding China’s military Trump says same approach will apply to AMD, Intel WASHINGTON, Dec 8 (Reuters) – The United States will allow Nvidia’s (NVDA.O), opens new tab H200 processors, its second-best artificial intelligence chips, to be exported to China…

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    Bubble Trouble: AI rally shows cracks as investors question risks

    Bubble Trouble: AI rally shows cracks as investors question risks

    AI stock valuations raise bubble concerns amid sharp pullbacks Buffett Indicator signals overvaluation, surpassing dot-com bubble levels Nasdaq’s AI rally mirrors early dot-com bubble stages, lacks runaway optimism NEW YORK, Nov 21 (Reuters) – The biggest bout of volatility in U.S. stocks in months has revealed cracks in the artificial intelligence-related rally, raising questions about…

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    China's commerce minister calls for supply chain cooperation with South Korea

    China’s commerce minister calls for managing trade ‘uncertainties’ in talks with US ambassador

    BEIJING, Nov 20 (Reuters) – Chinese Commerce Minister Wang Wentao urged efforts to “manage uncertainties” in trade relations with the United States in a meeting with U.S. ambassador to China David Perdue in Beijing on Thursday, the Chinese ministry said. Wang said the two countries should foster the “correct understanding” that they must coexist and…

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