The U.S. government's recent tightening of export controls on advanced Artificial Intelligence (AI) chips has dealt a significant blow to Advanced Micro Devices (AMD) (NASDAQ: AMD), particularly impacting its Instinct MI308 data center GPU products. These restrictions have led to substantial inventory and related charges for the semiconductor giant,
A report released on Thursday stated that Baidu, as well as Alibaba, have begun using their own chips for AI models, a step aimed at reducing their reliance on Nvidia.
The United States has dramatically escalated its strategic offensive in the technological rivalry with China, implementing sweeping export restrictions on advanced Artificial Intelligence (AI) chips. These measures, spearheaded by the Biden administration and continued under the current Trump administration, are designed to choke off China's access to the cutting-edge semiconductors
The world’s top lidar maker reported stronger Q1 results and is pursuing a Hong Kong debut as U.S. delisting risks drive Chinese firms to seek dual listings.
Investor sentiment faded on Friday as a key inflation gauge closely watched by the Federal Reserve climbed to a five-month-high, casting fresh uncertainty over the timing of potential interest rate cuts.
Chinese stocks are a ticking time bomb, but not in the way that most investors would think. All the upside can be had in this region with the right picks.
Chinese tech and EV stocks surged as AI startup DeepSeek unveiled upgraded V3.1 model to run on domestic chips, boosting Beijing's drive for AI independence.
