Nvidia to take $5.5bn hit as US clamps down on exports of AI chip to China

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia has said it expects to take a $5.5bn blow after the US clamped down on the Silicon Valley group’s ability to export artificial intelligence chips to China. The group said in a … Read more

US takes step towards chip and pharma tariffs with new probes

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US has launched national security probes that could lead to tariffs on chips and pharmaceutical goods, paving the way for a potential sharp escalation of the trade war. President Donald … Read more

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