Alibaba shares jump 19% on cloud unit growth, report of new AI chip

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Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty Images Alibaba‘s Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant’s cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development. […]


Nvidia, AMD to pay 15% of China chip sale revenues to US: report

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Nvidia and AMD have agreed to give the US government 15% of their revenues from chip sales in China, under an arrangement to obtain export licenses for the semiconductors, the Financial Times reported on Sunday. The revenue share applies to Nvidia’s H20 chips and AMD’s MI308 chips, the report said, citing a US official, adding that the […]


TSMC’s second-quarter profit soars nearly 61%, beating estimates as AI chip demand stays strong

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A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, beating […]


Nvidia says U.S. government will allow it to resume H20 AI chip sales to China

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Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Sarah Meyssonnier | Reuters Nvidia announced Tuesday that it hopes to resume sales of its H20 general processing units to clients in China, saying that […]


U.S. lifts chip software curbs on China amid trade truce

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Synopsys logo is seen displayed on a smartphone with the flag of China in the background. Sopa Images | Lightrocket | Getty Images The U.S. government has rescinded its export restrictions on chip-design software to China, semiconductor software companies Synopsys and Cadence announced Thursday.  “Synopsys is working to restore access to the recently restricted products […]


Nvidia jumps 5% in premarket trading as results spark global chip rally

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Jensen Huang, co-founder and CEO of Nvidia, during the Computex conference in Taipei, Taiwan, on May 20, 2025. Annabelle Chih | Bloomberg | Getty Images Nvidia shares jumped in premarket trading on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 5.22% higher at 05:06 […]


Chip software stocks sink on report Trump ordered halt to China sales

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The Synopsys headquarters in Mountain View, California, on April 13, 2022. David Paul Morris | Bloomberg | Getty Images Shares of chip design software makers Cadence and Synopsys tumbled in Wednesday trading after The Financial Times reported that the White House told them to stop selling to clients in China. Cadence stock declined nearly 11%, […]


Tencent, Baidu reveal how they’re dealing with U.S. AI chip curbs

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Niphon | Istock | Getty Images Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the U.S. tightens some curbs on key semiconductors. The business’ methods include stockpiling chips, making AI models more efficient and even using homegrown semiconductors. While the administration of […]


Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say

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Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said. The GPU, or graphics processing unit, will be part of Nvidia’s latest generation Blackwell-architecture AI processors and is expected to be […]


Trump’s Computer Chip Deals With Saudi Arabia and UAE Divide US Government

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Over the course of a three-day trip to the Middle East, President Trump and his emissaries from Silicon Valley have transformed the Persian Gulf from an artificial-intelligence neophyte into an A.I. power broker. They have reached an enormous deal with the United Arab Emirates to deliver hundreds of thousands of today’s most advanced chips from […]