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Tag: AI chips

Latest
  • Reuters
  • Aug 06, 2025
Two Chinese in California accused of illegally shipping Nvidia chips to China

Over 20 shipments from ALX solutions went to shipping and freight forwarding companies in Singapore and Malaysia, which are often used as transshipment points for illegal goods to China.

Samsung
Business
  • AFP
  • Jul 08, 2025
Samsung expects steep drop in operating profits on US chip woes

The tech giant said in a regulatory filing that its April-July operating profits were expected to drop to 4.6 trillion won.

Execs from US AI giants said at a Senate hearing that US needs to boost infrastructure and champion AI chip exports to stay ahead of China.
Technology
  • Reuters
  • May 09, 2025
AI execs say US must increase exports to beat China

The US Senate Commerce Committee is looking to cut regulatory barriers to US artificial intelligence after China’s DeepSeek shocked the world..

DeepSeek
Technology
  • Reuters
  • Jan 27, 2025
European tech shares tumble as DeepSeek spooks investors

“This idea of a low cost Chinese version hasn’t necessarily been forefront, so it’s taken the market a little bit by surprise,” said Fiona Cincotta, senior market analyst at City Index.

TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence (AI) chips this year.
Technology
  • Reuters
  • Jan 22, 2025
Tiktok-owner Bytedance plans To spend $12bn on AI chips In 2025

This move comes as the company faces pressure from Washington to sell its popular video-sharing app in the United States.

Nvidia surpassed Apple briefly when its market value rose past $3 trillion to become the world's second-most valuable company.
Technology
  • Web Desk
  • Jun 07, 2024
Nvidia surpasses Apple in market value fleetingly

The achievement follows a year of exceptional growth driven by soaring demand for its artificial intelligence (AI) chips.

Nvidia next-gen AI chips
Technology
  • Web Desk
  • Mar 14, 2024
Nvidia to reveal its next-gen AI processor

Analysts project Nvidia’s revenue to skyrocket by 81 per cent this year as demand for its cutting-edge chips continues to surge.

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