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Trump administration eyes 10% stake in Intel amid US chip push
The Trump administration is negotiating a 10% stake in Intel by converting CHIPS Act grants. The move deepens U.S. government involvement in semiconductors as Trump pressures chipmakers to boost domestic production.
US will get a 15% cut of Nvidia and AMD chip sales to China under a new, unusual agreement
Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the semiconductors.
Nvidia to resume highly desired AI computer chip sales to China
BANGKOK (AP) — Nvidia‘s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday, which stated that the U.S. government had “assured” Nvidia that licenses would be granted — and that […]
Most US stocks fall, but Nvidia keeps Wall Street near records
NEW YORK (AP) — Most U.S. stocks are falling on Tuesday after an update on inflation hurt Wall Street’s hopes for lower interest rates. But indexes are staying close to their records thanks to Nvidia, the market’s most influential stock. The S&P 500 was down 0.1% in midday trading and just a bit below its all-time high, […]
Nvidia becomes first $4T public company
NEW YORK (AP) — Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia […]
Wall Street climbs following a slowdown in inflation as the S&P 500 erases its loss for 2025
U.S. stocks rise as inflation slows and tech shares surge. AI stocks lead gains, while tariffs and Fed policy keep investors cautious.
US stocks sink again as more companies detail damage they’re taking because of Trump’s trade war
U.S. stocks fall as AI hype cools and companies pull forecasts amid tariff uncertainty from Trump, sparking fears of slowed growth and recession.
Wall Street gains ground following a stronger-than-expected report on the US job market
Wall Street rallies as a strong U.S. jobs report lifts stocks. S&P 500 heads for 9th straight gain while tech and financial shares lead the market.
Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence
SAN FRANCISCO (AP) — As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House nearly 100 days ago. Since President Trump’s Jan. 20 inauguration, Big Tech stocks have been […]
Wall Street is mixed after UnitedHealth’s worst drop in decades offsets gains for most US stocks
NEW YORK (AP) — Wall Street is drifting between gains and losses Thursday as UnitedHealth Group’s stock plunges toward its worst drop in more than a quarter century, while most of the rest of the U.S. stock market ticks higher. The S&P 500 was up 0.4% in its final day of trading in a holiday-shortened week. The […]
US stocks tumble as Nvidia slides and the fog of Trump’s trade war thickens
NEW YORK (AP) — U.S. stocks are tumbling Wednesday after Nvidia warned new U.S. restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump‘s trade war is clouding forecasts for how they or the economy will do this year. The S&P 500 was 3% lower in late trading, an […]
