Nvidia, AMD to pay U.S. government 15% of China AI chip sales in an unusual export agreement
U.S. chipmakers Nvidia and AMD will pay the U.S. government 15% of revenue generated by sales of their…
Dow, S&P 500, Nasdaq futures steady with Wall Street looking for more records
Stock futures were steady on Monday, with Wall Street aiming for more record highs. Traders this week are…
AMD posts mixed Q2 results but offers better-than-expected Q3 outlook on AI sales
AMD (AMD) reported its second quarter results after the bell on Tuesday, missing on adjusted earnings per share…
AI Startup Mistral Seeks $10-Billion Valuation in Fundraising Round
Mistral, the fast-rising French AI start-up founded by Arthur Mensch, Timothée Lacroix and Guillaume Lample two years ago,…
Nvidia summoned by Chinese authorities over ‘serious security issues’ in AI chips
Chinese internet authorities summoned Nvidia on Thursday to discuss “serious security issues” over some of its artificial intelligence…
Nvidia’s resumption of H20 chip sales related to rare-earth element trade talks
Rare-earth elements appear to be behind Nvidia’s stance on China. After announcing in June plans to essentially withdraw…