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Tesla, the electric vehicle manufacturer, is facing significant turbulence in the financial markets. Its stock plummeted over 15% on the New York Stock Exchange, wiping out approximately $130 billion in market capitalization in a single session. This sharp decline marks a critical turning point for Elon......
US President Donald Trump described the rise of Chinese company DeepSeek as a "wake-up call" for the US tech industry. This followed the release of DeepSeek's artificial intelligence (AI) model, which disrupted Wall Street and led to significant drops in shares of major tech firms like......
Global technology stocks have experienced a decline due to the rise of DeepSeek, a Chinese chatbot competitor to OpenAI's ChatGPT, sparking concerns over the long-term viability of the U.S. AI-driven market surge. Stocks in Asian and European markets fell on Monday, and the Nasdaq index in New York......
In the rapidly evolving landscape of generative artificial intelligence (AI), China’s tech giant Huawei is making strategic moves to position itself as a key player in the semiconductor industry. With U.S. restrictions limiting access to advanced AI chips, Huawei has crafted an ambitious plan to......
Nvidia introduced a range of new products at CES 2025, including advancements in artificial intelligence for robot and car training, next-gen gaming chips, and its first desktop computer. CEO Jensen Huang highlighted how the company's technology, which powers data center AI chips, is expanding into......
NVIDIA, a leading semiconductor manufacturer, is preparing for a significant entry into the robotics sector, viewing it as a crucial growth opportunity amidst increasing competition in the AI chip industry. The company plans to release a new generation of embedded computers, named "Jetson Thor,"......
China's Administration for Market Regulation has initiated an antitrust investigation into Nvidia, the world's top AI processor provider, amid the escalating U.S.-China technological competition in the AI sector, which both countries consider crucial for national security, according to Chinese......
OpenAI, the innovative company behind the widely popular ChatGPT, has successfully raised $6.6 billion in its latest funding round, elevating its valuation to an impressive $157 billion. This substantial investment comes from notable backers including chip manufacturer Nvidia and Japan's SoftBank,......
Global semiconductor stocks experienced a significant downturn on Wednesday, following a steep decline in Nvidia’s share price in the U.S. overnight. The plunge in Nvidia’s stock value, amounting to a staggering $279 billion, marked the largest one-day market capitalization drop for a U.S.......