Huawei unveiled new AI chip technology with greater computing power in a bid to challenge Nvidia’s dominance.Bloomberg's @joumannatv and @BelleDroulers explain https://t.co/aVeBCJdIjE https://t.co/50GZd3DpY2 ...

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Key TakeawaysHuawei (HWT.UL – unofficial, as Huawei is not publicly traded) announced an aggressive roadmap for its Ascend and Atlas AI chips, with the Ascend 910C launched in Q1 2025 and new Ascend 950PR/950DT chips slated for 2026, alongside the Atlas 950 Supercluster in late 2025, aiming to bolster China's domestic AI computing power amidst U.S. restrictions.The UAE Central Bank cut its benchmark interest rate by 25 basis points to 4.15% on Wednesday, mirroring a move by the U.S. Federal Reserve and mark ...

Group 1 - Nvidia's shares have declined nearly 3% following reports of a ban by Chinese regulators on technology companies from purchasing Nvidia's new AI chips, specifically the B40 chip [1][2] - Major Chinese companies like ByteDance and Alibaba have been ordered to halt testing and cancel tens of thousands of chip orders due to this ban [2] - Nvidia's CEO Jensen Wong expressed disappointment over the situation, indicating that it reflects larger geopolitical tensions between China and the United States [3] Group 2 - The ban signifies China's confidence in its domestic chip manufacturing capabilities, suggesting that they believe they can produce sufficient AI chips to meet demand [3][4] - China is actively pursuing semiconductor independence and promoting domestic alternatives, such as Huawei's Ascend 910B chip, as competitive with Nvidia's offerings [5] - Despite progress, Chinese chip manufacturers are still years behind the most advanced semiconductor technologies, which could impact Nvidia's revenue opportunities in the region [6] Group 3 - The ban represents a significant loss for Nvidia, potentially blocking an annual revenue opportunity of $15 to $20 billion from Chinese sales, which are currently close to zero [6]

China's internet regulator ordered the country's biggest tech companies, including Alibaba (BABA) and ByteDance, to stop buying Nvidia's AI chips, the Financial Times reported Wednesday. Previously, Beijing strongly urged local firms to not purchase Nvidia chips. China is seeking to boost its domestic semiconductor industry, including Chinese chipmakers Huawei and Cambricon, the FT said. The U.S. has banned exports of advanced chips and chipmaking equipment to China, but has allowed sales of throttled proce ...

Nvidia Corp‘s NVDA China dream is unraveling fast. Just as the company thought it had a workaround for U.S. export limits, Beijing slapped down its custom AI chips and opened an antitrust probe, turning one of its most strategic markets into a geopolitical minefield. Investors now face a stark question: can Nvidia thrive in AI if China is off-limits?Track NVDA stock here.From Workarounds To Dead EndsThe latest blow came when China's Cyberspace Administration ordered tech giants like ByteDance and Alibaba Gr ...

We see Nvidia shares down about 1%. How meaningful is this at least in the near term for Nvidia sales. Because we keep hearing that uh Chinese sales, they weren't really factored in the guidance.So why is the stock moving like this in the pre-market. Yeah, look, it's a shot across the bow obviously from Beijing. But look, part of the issue here is that you and we see it all the big Chinese tech players, they're going to want Nvidia's chips, right.I mean there's one chip in the world fueling the AI revolutio ...

US lawmakers are asking Futurewei, a subsidiary of the blacklisted Chinese firm Huawei, to explain why it shared buildings in Silicon Valley with Nvidia, thrusting the US chipmaker into the crossfire of an investigation into possible Chinese espionage. https://t.co/SaEVD09Tav ...

SHENZHEN, China, Sept. 16, 2025 (GLOBE NEWSWIRE) -- On September 11th, 30 renowned overseas bankers from 13 countries visited Lexin's Shenzhen headquarters for exchanges and research. Xue Kai, Vice President of Lexin, and Dustin, Director of AI Technology, presented Lexin’s AI innovations to the delegation and engaged in in-depth discussions. As Chinese enterprises accelerate their expansion into overseas markets, their leading technological capabilities are attracting widespread attention worldwide. This ...

Apple (AAPL) shares have gained 1% over the past one month (as of Sept. 12, 2025), have jumped 9.4% over the past six months and have lost 4% so far this year. Its shares failed to infuse enthusiasm into investors’ minds after its much-hyped iPhone 17 launch in early September.Despite updates to the Apple Watch and AirPods with real-time translation, investors did not find much in the event that could drive the stock. Market watchers probably viewed the iPhone 17 launch as only incorporating modest enhancem ...