Raimondo Says Commerce Needs More Money to Halt China Chip Drive
US Commerce Secretary Gina Raimondo said her department needs more money to stop China from catching up on
2023-12-03 03:21
Meme-Stock Crowd Plows Into Cross-Asset Rally Lifting Risky Bets
A rally across all asset classes powering the S&P 500 to its best month in over a year
2023-12-02 22:19
US Compels Saudi Fund to Exit AI Chip Startup Backed by Altman
The Biden administration has forced a Saudi Aramco venture capital firm to sell its shares in a Silicon
2023-12-01 07:16
‘AI Blowback’ Angst Grips ESG Fund Managers Who Bet Big on Tech
ESG fund managers who turned to big tech as a low-carbon, high-return bet are growing increasingly anxious over
2023-11-26 17:48
Altman Is Back at OpenAI, But Questions Remain as to Why He Was Fired in First Place
Sam Altman is returning to lead OpenAI less than five days after his surprise dismissal, which kicked off
2023-11-23 08:19
Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom
Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates
2023-11-23 00:28
Altman Returns as OpenAI’s CEO With Summers on Board
OpenAI will bring back Sam Altman and overhaul its board to bring on new directors including Larry Summers,
2023-11-22 15:24
Asia Stocks Mixed as Nvidia Caps Sluggish US Day: Markets Wrap
Stocks in Asia traded mixed following a stall in the US rally and Big Tech’s decline. Nvidia Corp.
2023-11-22 10:54
Nvidia’s $220 Billion Rally to Test If Great Is Good Enough
With Nvidia Corp. shares at record highs, it’s getting harder for investors to gauge how even potentially blowout
2023-11-22 00:52
Microsoft Hiring Sam Altman Won’t Solve Its OpenAI Problem
After a chaotic few days of boardroom coups and attempted counter-coups at OpenAI, Microsoft Corp. said it would
2023-11-21 20:16
TSMC Weighs Third Japan Chip Plant With Cutting-Edge 3nm Tech
Taiwan Semiconductor Manufacturing Co. is considering building a third plant in Japan that would make advanced 3-nanometer chips,
2023-11-21 12:25
A New Front Is Opening Up in the US-China Conflict Over Chips
President Joe Biden has adopted a two-pronged approach to constrain China’s high-tech progress, curbing Beijing’s access to leading-edge
2023-11-21 09:23