TOKYO — U.S. chip giant Nvidia sees massive potential in Asian countries’ artificial intelligence-related businesses, particularly in multilingual India, Vice President of Worldwide Field Operations Masataka Osaki told Nikkei Asia on Monday.
A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial… Article Source https://www.cnbc.com/2024/10/15/nvidia-record-high-lifts-asian-semiconductor-stocks-.html
A recent IBM-commissioned study by Ecosystm reveals that the Philippines lags behind other Southeast Asian countries in AI readiness. Singapore leads the region with 23% readiness, followed by Indonesia at 22%, Thailand at 20%, Malaysia at 19%, and the Philippines at 16%. The study, titled “The AI Readiness Barometer: ASEAN AI Landscape,” categorizes organizations into … Read more
Asian stocks rose on Tuesday despite a decline in Wall Street’s NVIDIA. The Nikkei 225 in Japan increased by 0.5%, while Hong Kong’s Hang Seng rose by 0.5% and the Shanghai Composite Index fell by 0.3%. Australia’s S&P/ASX 200 gained 0.9%, South Korea’s Kospi rose 0.5%, and Taiwan’s Taiex lost 0.3%. The S&P 500 fell … Read more
Missouri Attorney General Eric Schmitt has filed a lawsuit against a tech giant, alleging discrimination against whites and Asians. The lawsuit claims that the company has been engaging in discriminatory practices that favor minorities over white and Asian employees. This legal action comes amid growing concerns about bias and discrimination in the tech industry. The … Read more
Asian stock indexes remained stable after a mixed day on Wall Street, with speculation that the tech sector’s rally may be slowing down. Futures indicated a potential rise in Hong Kong and Australian stocks, while Japanese stocks held steady. Nvidia experienced a three-day decline, causing it to cross into correction territory. Despite this, the chipmaker … Read more
Asian stocks mostly declined on Friday following a decrease on Wall Street that was driven by a drop in Nvidia shares. Japan’s Nikkei 225 ended relatively unchanged after a government report showed a slight increase in inflation. Australia’s S&P/ASX 200 rose slightly, while South Korea’s Kospi experienced a small decline. In Hong Kong, the Hang … Read more
Asian stocks mostly declined on Friday due to a drop in Wall Street, where Nvidia’s shares fell. Japan’s Nikkei 225 was relatively flat, Australia’s S&P/ASX 200 rose, South Korea’s Kospi dropped, Hong Kong’s Hang Seng fell significantly, and Shanghai Composite slightly declined. On Wall Street, the S&P 500 and Nasdaq Composite fell, while the Dow … Read more
Asian stock markets mostly fell on Friday as investors remained cautious amid mixed signals from global markets. The tech sector was particularly hit hard, with shares of Nvidia weighing on Wall Street. The Japanese Nikkei index ended the day down 0.5%, while Hong Kong’s Hang Seng index fell 0.8%. In China, the Shanghai Composite index … Read more
Asian stocks saw mixed performance following a downturn on Wall Street, largely driven by a decline in Nvidia shares. In Japan, the Nikkei 225 ended relatively flat as the government reported a slight increase in the inflation rate for May. Australia’s S&P/ASX 200 edged up, while South Korea’s Kospi and Hong Kong’s Hang Seng experienced … Read more