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by confoundedinterest17 Bidenomics (actually Biden/Harrisnomics) is all about huge payoffs to large, powerful donors. A good example is The Chips Act, intended to bring chip manufacturing back to the US from Taiwan, China, etc. Biden/Harris doled out $8.5 BILLION to Intel … which …
Chip stocks fell on Wednesday after ASML, a key developer of semiconductor manufacturing equipment, said that bookings fell by 61% sequentially during the first quarter, a steeper drop than investors had expected. AMD’s stock fell over nearly 6%, Nvidia shares …
(Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) from government personal computers and servers, the Financial Times reported on Sunday. The procurement guidance also seeks to sideline Microsoft (NASDAQ:MSFT)’s Windows operating system …
This is insane — Elon Musk (@elonmusk) March 9, 2024 This government-mandated DEI (Diversity, Equity, and Inclusion) is turning into a disaster. Chip manufacturers are scrapping American projects, moving overseas, all because of the idiotic rule that prioritizes skin color …
Commenting on the legislation, Duma Chairman Vyacheslav Volodin said that by tearing up the agreement Russia was returning to its own possession the fish that the UK had been consuming for decades. “He [President Vladimir Putin] returned our fish to …
via Mike Shedlock: Trump and Biden both tried to cut off China’s supply of advanced microchips. So China is now producing its own. Please consider New Phone Sparks Worry China Has Found a Way Around U.S. Sanctions. As Commerce Secretary Gina …
Nvidia reports 88% jump in revenue and tops estimates, driven by demand for AI chips https://www.cnbc.com/2023/08/23/nvidia-nvda-earnings-report-q2-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard Nvidia reported second-quarter earnings that beat elevated expectations for earnings and revenue, and provided guidance for the current quarter that was significantly higher than expected. …
China’s top tech companies, including Alibaba, Baidu, ByteDance, and Tencent, have placed orders worth $5 billion for Nvidia chips to make generative AI systems. The orders include $1 billion for 100,000 A800 processors to be delivered this year, as well …
Top finance and banking Professor Richard Werner, a former WEF young global leader says the globalists ultimate goal is to implement CBDCS as a chip under the skin. The technology was ready in 2015 but they have delayed the agenda, …
If the chips were being used for production we would have seen a rise in memory demand. Instead these orders are being shelved in warehouses overseas in case the U.S. escalates trade tensions. — Financelot (@FinanceLancelot) June 29, 2023 Nvidia's …