[ad_1] Shares of Larsen & Toubro surged as much as 2.69% on Friday to hit a 52-week high of ₹3,195.50 apiece on the BSE, a day after the company announced…
Tag: Chip
US compels Saudi fund to exit Altman-backed AI chip startup – Bloomberg News
[ad_1] :The Biden administration has forced a Saudi Aramco-backed venture capital firm to sell its shares in a Silicon Valley AI chip startup backed by OpenAI co-founder Sam Altman, Bloomberg…
China Secretly Transforms Huawei Into Most Powerful Chip War Weapon
[ad_1] The government is increasingly relying on Huawei — the company Washington tried to destroy — to lead the country’s efforts to build an independent semiconductor ecosystem. December 1, 2023,…
GraniteShares plans to boost leverage levels on US single-stock ETFs
[ad_1] William Rhind, Founder and CEO of GraniteShares Gold Trust, rings the opening bell at the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermid/File…
Nvidia CEO Says US Will Take Years To Achieve Chip Independence – Slashdot
[ad_1] Nvidia Chief Executive Officer Jensen Huang, who runs the semiconductor industry’s most valuable company, said the US is as much as 20 years away from breaking its dependence on…
Exclusive: Huawei’s new smart car firm valued up to $35 billion amid advanced stake talks
[ad_1] HONG KONG/SHANGHAI, Nov 29 (Reuters) – Huawei Technologies’ (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion)…
Amazon announces new AI chip as it deepens Nvidia relationship
[ad_1] Amazon’s AWS cloud unit has announced new chips for customers to build and run artificial intelligence applications on, as well as plans to offer access to Nvidia’s latest chips.…
Exclusive: Toyota group companies plan $4.7 bln sale of Denso stake -sources
[ad_1] A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS/Johanna Geron/File Photo Acquire Licensing Rights Group companies to sell about 10% stake by year-end-sources Toyota Motor expected to…
AI chip contenders face daunting ‘moats’
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the drama that has just played out in…
Netherlands Backs Chinese-Owned Nexperia’s Takeover of Chip Firm
[ad_1] Chinese-owned Nexperia BV’s acquisition of chip firm Nowi Energy BV won approval from the Dutch government, which has been probing it on national security grounds. The Netherlands deemed Nowi’s…