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The U.S. is reportedly holding up the deal due to concerns that AI chips could be smuggled to China from the UAE.
The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.
President Donald Trump has dialed down his confrontational tone with China in an effort to secure a summit with counterpart Xi Jinping and a trade deal with the world’s second-largest economy, people ...
Nvidia stock hits record highs as U.S. export licenses unlock access to China’s $50B AI market. Click here to read an ...
As America and China swap shots in the trade battle served up by Donald Trump, Mr Huang has pinged and ponged between ...
"TSMC results again ease fears of an AI slowdown." Billy Leung, investment strategist at Global X ETFs, pointed to the demand outlook, alongside strong profit margins, as reinforcing confidence in the ...
Saudi Arabia and the UAE have emerged as central components in the Trump administration’s AI strategy. But interdependence carries its risks.
Only a few years ago, the Biden administration declared export controls a “new strategic asset” to help the US maintain “as ...
AMD stock jumps over 25% in a month as AI chip sales to China resume and analysts raise price targets. Here's what’s driving ...
Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for ...
NVIDIA announced a sales resumption of its H20 AI chip customized for the Chinese market, alongside the launch of a new RTX Pro GPU designed ...
European industrial companies also rose after ABB posted a record second-quarter order intake and Legrand raised guidance. Siemens and Schneider Electric shares rose too. U.S. monetary policy was ...