News

The US government will use its 15% sales tax on NVIDIA and AMD chips sold to China to pay down US debt, in a new strategic ...
The US’ ‘unprecedented’ move to take a 15 per cent cut of some chip sales to China creates new risks and conflicts of ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
The administration first highlighted that the chips had been suitably "tailored", leaving no room for security concerns. When ...
The Biden administration awarded Intel $7.9 billion in federal subsidies last year, drawing from the bipartisan CHIPS Act. The Biden administration paid out $2.2 billion, but the Trump administration ...
On TipRanks, NVDA has a Strong Buy consensus based on 35 Buy, 3 Hold and 1 Sell ratings. Its highest price target is $250. NVDA stock’s consensus price target is $189.23, implying a 4.21% upside. NVDA ...
President Donald Trump's controversial plan to take a cut of revenue from chip sales to China has US companies reconsidering ...
For years, the US has restricted the sale of powerful AI chips to China. But Trump is letting sales of less-advanced chips ...
TAIPEI: Foxconn expects higher third-quarter revenue, it said on Thursday (Aug 14), on robust demand for artificial ...
The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once ...
President Trump’s reversal on previously blocked chip sales to China has sparked cries that the White House is selling out America’s security concerns in a bid to raise revenue. Trump on Monday agreed ...
Even though China and the United States may have extended their tariff truce, it looks like there still doesn't seem to be ...