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…
Moves comes amid concerns over AI spending Buffett previously regretted missing out on Google investment Alphabet shares have climbed 46% YTD Nov 17 (Reuters) – Alphabet’s (GOOGL.O), opens new tab shares rose 5.2% on Monday after Berkshire Hathaway (BRKa.N), opens new tab disclosed a stake in the tech giant, marking what could be one of…
SAN FRANCISCO, Nov 13 (Reuters) – Apple (AAPL.O), opens new tab on Thursday said it would lower commissions for “mini apps” on iPhones and other devices. Apple’s App Store charges commissions of up to 30% on digital purchases. Under the program announced Thursday, that rate will come down to 15% for developers of mini apps…
Nov 10 (Reuters) – Tesla (TSLA.O), opens new tab board chair Robyn Denholm thanked the electric-vehicle maker’s shareholders on Monday for approving CEO Elon Musk’s $878 billion pay package. The approval marks one of the largest compensation votes in corporate history and underscores investor willingness to bet on Musk’s leadership as Tesla pursues its next…
WASHINGTON, (Reuters) Nov 4 – Alphabet’s (GOOGL.O), opens new tab Google said on Tuesday it has reached a comprehensive U.S. court settlement with “Fortnite” video game maker Epic Games, agreeing to Android and app store reforms aimed at lowering fees, boosting competition and expanding choices for developers and consumers. In a joint filing, opens new…
BEIJING, Nov 4 (Reuters) – Tesla’s (TSLA.O), opens new tab China-made electric vehicle sales fell 9.9% to 61,497 units in October from a year earlier, reversing a 2.8% increase in September, data from the China Passenger Car Association showed on Tuesday. Sales of the U.S. automaker’s Model 3 and Model Y vehicles made at its…
Apple’s fiscal first quarter revenue sales forecast above expecations Supply constraints and China delays impact fiscal fourth quarter Apple’s AI and trade tensions seen as lesser risks by investors WASHINGTON, Oct 30 (Reuters) – Apple (AAPL.O), opens new tab Chief Executive Tim Cook on Thursday gave forecasts for holiday quarter iPhone sales and overall revenue…
Oct 28 (Reuters) – Nvidia (NVDA.O), opens new tab was on the verge of becoming the first company worth $5 trillion on Tuesday after the heavyweight chipmaker said it had $500 billion in bookings for its artificial intelligence processors and that it will build seven new supercomputers for the U.S. Department of Energy. Nvidia’s stock…
Judge reverses February 2024 class certification Apple monopolization said to result in higher prices Disappointed plaintiffs to review next steps, lawyer says Oct 27 (Reuters) – A federal judge decertified on Monday a class action by tens of millions of Apple (AAPL.O), opens new tab customers who accused the company of monopolizing the market for…