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Chinese technology giant Huawei is set to challenge Nvidia with a new artificial intelligence chip amid U.S. sanctions that had sought to curb the Chinese tech giant's technological progress, according to a Wall Street Journal report.
China's robotaxi push is sparking job security fears among drivers, but experts say the technology is already creating new jobs.
The five trading firms in Warren Buffett-backed Berkshire Hathaway's portfolio — Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co, and Sumitomo Corp — have surged, with one rising as much 30% in 2024.
BEIJING — Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with prices starting as low as $16,812, far below that of Tesla's cheapest Model 3.
The artificial intelligence boom is ramping up demand for more powerful processors as well as the energy needed to keep data centers cool.
Canada said on Monday it would impose 100% import tariffs on China-made electric vehicles, following in the footsteps of the U.S. and the European Union in slapping taxes over concerns related to unfair subsidies.
More Chinese electric vehicle brands are launching in Singapore as the government pushes for EV adoption with extended incentives and charging points.
Samsung Electronics on Wednesday reported higher-than-expected second-quarter revenue and operating profit, as demand for its advanced memory chips that are crucial for artificial intelligence training remained strong.