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 risky debt funds hit by historic outflows as Donald Trump’s tariffs shake markets

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 Investors fled US funds that hold riskier bonds and loans at a historic pace over the past week as fears that President Donald Trump’s tariffs will deal a heavy blow to … Read more

Doge’s job cuts at US traffic safety regulator hit self-drive experts

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Job cuts at the US traffic safety regulator instigated by Elon Musk’s so-called Department of Government Efficiency disproportionately hit staff assessing self-driving risks, hampering oversight of technology on which the world’s richest man has staked the future of Tesla. Of roughly 30 National Highway Traffic Safety Administration workers dismissed in February as part … Read more

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