- Investor's Business Daily
Dow Jones Futures Await Key Economic Data; Elon Musk Diverts AI Chips From Tesla; Nvidia Lacks Coattails
The market was mixed ahead of key economic data. Elon Musk reportedly diverted Nvidia AI chips from Tesla to X and xAI.
- Bloomberg
Samsung Stock Gains as Nvidia Works to Certify Its HBM Chips
(Bloomberg) -- Samsung Electronics Co. shares rose after Nvidia Corp. said it is working to certify the company’s high-bandwidth memory chips, a critical step that would allow the Korean company to capitalize on booming demand for AI technologies.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsBonds Rally as Traders Reload Fed Bets After Data: Markets WrapStock Pickers Defy Wall Street Norm to Ris
- Reuters
Exclusive-Chinese AI chip firms downgrading designs to secure TSMC production, sources say
Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) production in the face of U.S. sanctions, four people with knowledge of the matter said. Aiming to impede breakthroughs in artificial intelligence and supercomputing by China's military, Washington has imposed a series of export controls on highly sophisticated processors from companies such as Nvidia and on chip manufacturing equipment.
