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Tag: Alibaba

SANTA CLARA, CALIFORNIA - MAY 21: A sign is posted in front of Nvidia headquarters on May 21, 2024 in Santa Clara, California. Chip maker Nvidia will report first quarter earnings on Wednesday, May 22nd. (Photo by Justin Sullivan/Getty Images)

Exclusive: Nvidia modifies H20 chip for China to overcome US export controls, sources say

Nvidia plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months.

Read More Exclusive: Nvidia modifies H20 chip for China to overcome US export controls, sources say
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 27, 2024. REUTERS/Brendan McDermid/File Photo

S&P 500, Nasdaq marginally lower as chip stocks fall; focus on inflation data

The S&P 500 and the Nasdaq were slightly lower on Monday after notching record closing highs in the previous session, as losses in chip stocks including Nvidia weighed.

Read More S&P 500, Nasdaq marginally lower as chip stocks fall; focus on inflation data
Traders react at the New York Stock Exchange at the end of the trading day, after Republican presidential nominee Donald Trump became U.S. president-elect, in New York City, U.S., November 6, 2024. REUTERS/Andrew Kelly/File Photo

S&P 500, Dow set for best week this year on Trump win, rate cut

The S&P 500 and the Dow edged higher on Friday, putting them on course for their best week this year, as a sweeping Trump victory powered bets of a business-friendly agenda.

Read More S&P 500, Dow set for best week this year on Trump win, rate cut
A smartphone with a displayed Micron logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Wall St rises on AI euphoria after Micron’s upbeat forecast

Wall Street’s main indexes rose, with the S&P 500 hitting a record high, as Micron’s upbeat forecast revived the frenzy around AI.

Read More Wall St rises on AI euphoria after Micron’s upbeat forecast
A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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