Brazil’s President Luiz Inácio Lula da Silva cast China in a harsh light on Friday, assigning blame to Beijing, along with American and European companies, for practices that have allowed the country to pull off rapid technological advances. Discussing Brazil’s international relations in a radio interview, Lula said China has become a technological powerhouse by…
China’s semiconductor industry is bracing for new shocks, as the US prepares to add several major chip equipment and materials suppliers on the mainland to its trade restriction list, dealing a fresh blow to the country’s push for technological self-reliance, according to two people familiar with the matter. Several chip fabrication plants and manufacturing partners…
Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, D.C. Photo: Chip Somodevilla (Getty Images) In This Story While Nvidia’s (NVDA-1.75%) shares have tripled in value so far this year, its shares dropped more than 10% in the week after it reported fiscal third-quarter earnings. Donald Trump’s best and…