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Nvidia has made history, becoming the first company ever to surpass a $5 trillion market valuation. The rise is powered by surging demand for its AI-chips, especially the H100 and Blackwell models. These processors now underpin major generative-AI models and data-centres globally. In just three months, Nvidia jumped from a $4 trillion valuation to $5…
Intel’s stock price experienced a significant surge, climbing nearly 10% in extended trading. This major jump followed the release of the company’s third-quarter earnings report, which revealed a substantial profit beat over Wall Street expectations. The strong results signal a potential turning point in Intel’s competitive battle with rivals. The outperformance was likely driven by…
The Dutch government has taken control of Nexperia, a Chinese-owned semiconductor company, citing national security and governance concerns. The move marks one of Europe’s strongest interventions yet in the tech sector amid rising tensions with China. Authorities used the Goods Availability Act, a law that allows intervention in companies producing essential goods. This gives officials…
China is accelerating efforts to rival Nvidia’s dominance in the global AI chip industry, with major tech giants unveiling new processors that could reduce the country’s reliance on US technology. Firms like Alibaba, Huawei, and Cambricon Technologies have launched high-performance chips said to match or exceed Nvidia’s scaled-down H20 models, while others such as MetaX…
