China, NVIDIA
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Nvidia stock rallies in overnight trading as Trump vows to discuss company with Xi Jinping
Nvidia shares jumped nearly 2% in overnight trading after Cryptopolitan reported the chipmaker had hit a new all-time high above $204 at yesterday's market
Astute observers noticed that a recent policy document on rare earth export limits was created not with Microsoft Word, but with software from a domestic player , Kingsoft (3888.HK). This immediately fueled speculation that government agencies and state-owned enterprises might be ordered to replace American software with homegrown alternatives like Kingsoft's WPS.
Trump signals tariff cuts and chip access deals with China, bringing AI technology and fentanyl exports to the centre of trade diplomacy.
Chinese defense company Norinco introduced an AI military drone with 'autonomous combat-support' capability to help make warfare more efficient.
Nvidia is set to become the world’s first $5tn company after the US chip giant’s stock was propelled by strong sales of its artificial intelligence systems and the prospect of expanded access to the Chinese market.
Chen Tianshi is the 40-year-old founder and CEO of Beijing-based Cambricon, an AI chip company that posted a monster earnings report last week.
Tech giant Qualcomm said its release of new AI accelerator chips was looming. its Snapdragon 6s Gen 4 mobile chip set will offer a 36% CPU performance boost.
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.