This Chipmaker Jumps Over 16% After Nvidia Rival Signs $750M Deal Under Biden’s CHIPS And Science Act

This Chipmaker Jumps Over 16% After Nvidia Rival Signs 0M Deal Under Biden’s CHIPS And Science Act

This Chipmaker Jumps Over 16% After Nvidia Rival Signs $750M Deal Under Biden’s CHIPS And Science Act Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On Tuesday, Nvidia rival Wolfspeed Inc.… Article Source https://finance.yahoo.com/news/chipmaker-jumps-over-16-nvidia-020038977.html

Biden’s intelligence chief says Iran is financing and empowering anti-Israel protests in the US to create division – The Times of Israel

The Director of National Intelligence under President Joe Biden, Avril Haines, has stated that Iran is funding and empowering protests against Israel in the United States, which is leading to increased tension and discord. Haines made these remarks during a Senate hearing on the threats facing the United States. Haines explained that Iran’s support for … Read more

Former Intelligence Officials Point Finger at Media and Joe Biden for Fallout of Hunter Biden’s Laptop Letter

Former intelligence officials who were responsible for the letter discrediting Hunter Biden’s laptop have shifted blame onto the media and Joe Biden for not accurately representing their words. The letter, signed by 51 former intelligence officials, was released in October 2020 to dispute a report by The New York Post regarding emails from Hunter Biden’s … Read more

Biden’s New AI Chip Export Restrictions Impact AMD, TSMC, Broadcom and Other Chip Stocks

Biden’s New AI Chip Export Restrictions Impact AMD, TSMC, Broadcom and Other Chip Stocks

The Biden administration’s embargo on exports of artificial intelligence chips to the Middle East has caused a sell-off in the broader semiconductor sector. Stocks such as VanEck Semiconductor ETF (NASDAQ:SMH) and iShares Semiconductor Exchange Traded Fund (NASDAQ:SOXX) are down nearly 3% as a result. This embargo has affected companies like Nvidia Corporation (NASDAQ:NVDA) and Advanced … Read more

Oracle Warns Joe Biden’s TikTok Ban May Negatively Affect Company’s Revenue and Profit

Oracle Warns Joe Biden’s TikTok Ban May Negatively Affect Company’s Revenue and Profit

Oracle Corp. has alerted investors to the potential financial impact of a US ban on TikTok. The company faces challenges due to a new law signed by President Biden that could make providing internet hosting services to TikTok illegal unless certain conditions are met by its Chinese owners. This could result in a loss of … Read more