Welcome back. The US lifting chip software curves on China. Our Christina parts has the details with cadence design Christina popping almost to the top of the S&P.Yeah. Yeah. One of the the big movers today and that's because the Trump administration is showing an abrupt reversal of a sixe chip design software export restriction uh to China and it really like you mentioned sent shares of Cadence and Synopsis both up.Cadence up five% Synopsis almost 5%. In exchange, chi China will likely smooth the permit pr ...

Tech is boosting the S&P 500 and the Nasdaq. We're at new records. The Nasdaq is aiming for what would be its eighth positive session of the last nine.And this morning, uh, this is as the US lifts export controls on chip design software to China. Who are the companies at play here. Uh, Gen Cadence Design, Synopsis, Seaman's also getting a lift.Joining us now to discuss more insights founder and chief analyst Patrick Morehead. Patrick, obviously we can see it's good for some of these names. Uh is it a conclu ...

So, what do you make of this. We're about one week away. You were very confident earlier this year this would all be resolved sometime around now. You said sometime around the middle of the year.What do you think of the progress we've seen so far. Well, I continue to think that the back half of the year a lot of this will be resolved. But where we are today and you know the the question is why haven't we had more deals.July 9th is coming up and and we really have only had the UK, right. And with China we've ...

As Donald Trump brandishes US export controls on technology as a bargaining chip to wrest supplies of rare earth magnets from Beijing, China is showcasing what it can do without the most advanced American semiconductors https://t.co/cwg7eG55w4 ...

Tons of AI news. Let's get right into it. Deepseek R2 has been delayed according to the information. And the cause, US export controls. I didn't think those were actually going to work, but apparently maybe they are. And there are really two elements to this delay. First, the CEO of Deepseek isn't happy with the performance of Deepseek R2. And number two, even if it were good, they wouldn't have enough GPUs to run it. This is due to a shortage of Nvidia server chips in the country. According to employees of ...

China Macro Tracker Economics Increased support for people's livelihood Trade: New round of China-US talks with export controls in focus After China-US trade tensions heated up in recent weeks on claims that each side had violated the consensus reached in Geneva trade talks, a phone call between President Xi and President Trump on 5 June appeared to steer the situation back on track. Subsequently, in person high-level meetings were scheduled in London starting from 9 June. Similar to the Geneva talks, the U ...

Time exchange at the big board this morning. It is Integrity Specialty Insurance celebrating an IPO at the NASDAQ with that other IPO, Chime, a consumer financial technology company as we try to manage what looked to be a lower open as we're 6022. Market actually didn't trade that well off of Howard's comments.Uh and there's a lot of discussion today about those rare earth licenses which are about six months and it's we'll be back here talking about this again in six months also I mean if you notice and fol ...

In this articleNVDA"Compared to Nvidia's export-restricted chips, the performance gap between Huawei and the H20 is less than a full generation," said Dylan Patel, founder, CEO and chief analyst of SemiAnalysis. Sinology | Moment | Getty ImagesWith the U.S. restricting China from buying advanced semiconductors used in artificial intelligence development, Beijing is placing hopes on domestic alternatives such as Huawei. The task has been made more challenging by the fact that U.S. curbs not only inhibit Chin ...

INFLATION IN, UP .3%. KATIE: A GREAT ROUND UP. ONE OF THE TOP STORIES THIS MORNING.THE OTHER TOP STORY IS THE WHITE HOUSE CELEBRATING A STRING OF TRADE WINS. THE U.S. AND CHINA ESTABLISHED A FRAMEWORK -- A FRAMEWORK FOR IMPLEMENTING THE GENEVA TRADE AGREEMENT BUT IT STILL NEEDS APPROVAL FROM PRESIDENT TRUMP AND TRIP -- AND PRESIDENT XI. AND AN APPEALS COURT ALLOWED TRUMP TO CONTINUE ENFORCING HIS TARIFFS THROUGH JULY.TYLER, BRING US TO THE TRADE FRAMEWORK THAT WE SEEM TO HAVE ESTABLISHED WITH CHINA, WHAT DO ...

What do we know about the details, if any, on the back of these discussions. Well, Tom, they were thrashed out over many, many hours yesterday. The talks when all through the day and into the night as well.The US Treasury secretary, Scott Bessant, having to leave early because he had to get back to Washington to testify in Congress. But they got back around the table. Howard Lutnick, the commerce secretary, and the U.S. Trade Representative, Jamison Greer, emerging finally, as you heard there, to announce t ...