Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over
The U.S. chipmaker has yet to confirm shipments to China despite Washington easing restrictions on exports of advanced chips.
The ‘Great Wealth Transfer’: A $3 trillion opportunity for Black business owners is on the horizon
Researchers forecast 6 million small- and medium-sized businesses, or SMBs, will be available for acquisition by 2035.
Nvidia’s stock sees only marginal gains after better-than-expected results. Here’s the latest
Better-than-expected results drew a muted investor response as AI bubble concerns remain
Hungary accuses Ukraine of ‘oil blockade,’ deploys soldiers to key energy facilities
Hungary has accused Ukraine of disrupting oil supplies it gets from Russia and has stationed troops at critical energy facilities across the country.
Rolls-Royce jumps 6% after aerospace giant boosts profit outlook
Rolls-Royce sees profits of over £4 billion this year as the engine and power systems maker banks on another year of robust growth.
Jeep maker Stellantis posts first annual loss in company history after EV writedowns
The results come shortly after the auto giant scaled back its EV ambitions following a major strategic shift.
‘Software will eat AI,’ HSBC says. Here are the bank’s top picks
Contrary to recent market jitters, HSBC expects many software heavyweights will emerge as winners as AI becomes increasingly mainstream.
Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies
Investors had grown weary that the massive run-up in spending on AI hardware might not be sustainable, stoking fears of a bubble building in the sector.
China holiday spending sends a strong signal on consumer stimulus plans
China’s nine-day Lunar New Year holiday showed consumers were eager to travel, while remaining price-conscious.
Nvidia’s forecast points to accelerating growth, as Vera Rubin starts hitting market
In its earnings report, Nvidia gave guidance for the first quarter that sailed past estimates, with growth projected to reach its fastest in a year.