Nvidia goes big and U.S. chip projects stutter
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NVIDIA asian news
China’s legacy chips to survive with price advantage
The European Union and the United States will not be able to achieve their goals of reducing their companies’ reliance on China’s legacy chips (28 nanometers or above) as the products have a price advantage, say Chinese state media and commentators.
Intel awarded up to $8.5 billion in CHIPS Act grants, with billions more in loans available
The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps up its effort to bring semiconductor manufacturing to U.S. soil.
Stock futures move higher as investors await Fed rate decision: Live updates
U.S. stock futures moved higher Wednesday morning following a winning day for the major averages, as investors awaited the latest Federal Reserve policy decision.
Samsung soars more than 5% after report of Nvidia considering its next-gen chips
Shares of South Korean heavyweight Samsung Electronics soared more than 5% Wednesday after reports of interest from chip giant Nvidia.
CNBC Daily Open: The last leg of inflation fight remains tough
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
U.S.-China doomsday scenario 'not likely to happen': Nvidia's Jensen Huang
SAN JOSE, California -- Jensen Huang, CEO of American AI chip giant Nvidia, said Tuesday that he does not expect a "doomsday scenario" in U.S.-China relations and that the company will continue working closely with Taiwan Semiconductor Manufacturing Co. despite geopolitical tensions.
Nvidia looks to procure high-bandwidth memory chips from Samsung
SAN JOSE, Calif. -- Nvidia plans to procure high-bandwidth memory (HBM) chips, a crucial component in AI processors, from Samsung as the South Korean electronics giant tries to catch up with rival SK Hynix, which recently started mass production of its next-generation HBM chip.