As his presidency winds down, Joe Biden aims to preserve the US lead over China

As his presidency winds down, Joe Biden aims to preserve the US lead over China

President Joe Biden’s final days in office seemed all about cementing the United States’ well-established lead over China in the market for artificial intelligence. The administration’s methods — focused on severing China’s access to AI by regulating global access to advanced semiconductors — were met with nods of approval from policy experts but annoyance from…

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Redburn Atlantic Initiates Coverage of Nvidia with "Buy" Rating, Citing Strong AI Demand

AI Chip Demand Sends Revenue Soaring

Nvidia (NVDA, Financial), a leading semicoductor company announced record sales of $35.1 billion for the third quarter, $2 bilion above the Wall Street forecast. The chipmaking giant reported $19 billion in net income, helped by higher consumption of its artificial intelligence hardware and software products. The director of the company, CEO Jensen Huang, once pointed…

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TSMC’s move to cut off Chinese chip firms weighs on annual Beijing semiconductor forum

TSMC’s move to cut off Chinese chip firms weighs on annual Beijing semiconductor forum

Chinese chip industry experts and investors have congregated in Beijing for one of the largest annual chip forums to discuss the impact of Taiwan Semiconductor Manufacturing Company (TSMC) cutting advanced foundry services for some mainland clients and the outlook for the country’s chip sector under a new Donald Trump administration in the US. Despite US…

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Tesla's $1T market cap, TSMC halts China sales, Sezzle: 3 Stories

Tesla’s $1T market cap, TSMC halts China sales, Sezzle: 3 Stories

Yahoo Finance’s Rachelle Akuffo goes over the trending headlines of the day, including Tesla (TSLA) climbing to a $1 trillion market capitalization, Taiwan Semiconductor Manufacturing Company (TSM) halts sales of its artificial intelligence (AI) chips to China, and Sezzle (SEZL) stock surges after the buy now, pay later company reported third quarter earnings. To watch…

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TSMC cuts off China from advanced AI chips

TSMC cuts off China from advanced AI chips

In This Story Taiwan Semiconductor Manufacturing Company (TSM-0.21%) is following U.S. efforts to curb China’s artificial intelligence ambitions, reportedly telling chip design firms in the country it will stop producing their most advanced AI chips. How Nvidia’s H200 GPUs and Blackwell chips are revolutionizing data centers The Taiwanese chipmaker told its Chinese customers it is…

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