Nvidia (NASDAQ:NVDA) stock recovered Wednesday’s losses, which had been triggered by reports of a potential ban on its artificial intelligence chips by China’s internet regulator. CEO Jensen Huang …
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China tells its tech companies they can’t buy AI chips from Nvidia
After strongly discouraging tech companies from buying Nivdia’s AI chips in August, the country is now banning the practice outright.
Nvidia CEO Huang caught between US, China’s ‘larger agendas’
Nvidia CEO Jensen Huang said on Wednesday that Washington and Beijing “have larger agendas to work out” as the tech giant navigates the tricky politics of the U.S.-China trade war and tries to satisfy …
China Ditches Google, Strikes Nvidia: The Trade War Just Got Smarter
Now, with no real commercial teethgiven Google’s limited presence in Chinathe decision could be read as a goodwill signal meant to ease tensions, especially as trade negotiations remain delicately …
China Drops Google Antitrust Probe During Trade Talks, FT Says
China has decided to end an antitrust investigation into the dominance of Google’s Android in the world’s largest smartphone arena, the Financial Times reported, citing people briefed on the move.
China Financial Services Announces Discloseable Loan Transaction
The latest announcement is out from China Financial Services Holdings Limited ( ($HK:0605) ). China Financial Services Holdings Limited announced …
Nvidia stock dips as China reportedly tells its companies to avoid buying chips
Nvidia stock slid 3% after China reportedly told its companies to avoid purchasing some of the AI giant’s chips.
GE Healthcare exploring stake sale in China unit, Bloomberg News reports
Medical device maker GE Healthcare is working with advisers to explore options including the sale of a stake in its China unit, Bloomberg News reported on Thursday, citing people familiar with the …
China’s future rests on 200m precarious workers
Its members do not have formal contracts, and yet they have become a crucial part of China’s labour supply, accounting for a quarter of the total workforce and two-fifths of it in cities. Although …
China’s central bank injects CNY 195B into banking system, maintains key interest rate of 1.4%
The People’s Bank of China (PBOC) injected a net CNY 195 billion into the banking system today, continuing its efforts to boost liquidity. This was achieved by conducting CNY 487 billion in reverse …
China ends Google antitrust probe amid US trade talks, FT reports
China is ending an antitrust probe into Google, as trade talks between Beijing and Washington intensify over TikTok and Nvidia amid rising tensions between the two countries, the Financial Times …
China bans its biggest tech companies from acquiring Nvidia chips, says report — Beijing claims its homegrown AI processors now match H20 and RTX Pro 6000D
Beijing is reportedly telling its biggest tech companies to buy local instead of purchasing Nvidia’s latest China-specific AI chips.
U.S. wins release of Wells Fargo banker placed under exit ban in China
Beijing has allowed Mao Chenyue, a bank managing director in Atlanta, to return to the United States, people familiar with the matter said.
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