This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. Chinese technology giant Huawei is struggling to make advanced… Article Source https://wccftech.com/huaweis-ai-chip-plans-pushed-3-generations-behind-nvidia-due-to-us-sanctions-report/
US sanctions on Indian entities may challenge Nvidia’s market expansion plans DIGITIMES Article Source https://www.digitimes.com/news/a20241101VL205/nvidia-government-russia-market-tsmc.html
In brief: Russia has been circumventing sanctions imposed on it by sneaking tech into the nation since the war with Ukraine began. According to a new report, one of the methods it is using to acquire high-end processors is to purchase Dell… Article Source https://www.techspot.com/news/105349-russia-skirts-sanctions-acquires-nvidia-amd-chips-through.html
Following sanctions from the United States and its allies over the war against Ukraine, Russia now has to smuggle advanced processors into the country. As discovered by Bloomberg, an Indian pharmaceutical company, has been involved in… Article Source https://www.tomshardware.com/tech-industry/artificial-intelligence/indian-firms-secretly-funneled-amd-nvidia-ai-gpus-to-russia-sanctions-reportedly-skirted-on-hundreds-of-millions-of-dollars-of-hardware
The Justice Department sued Google for allegedly using its dominance to control the search engine market. In August, a… Article Source https://www.npr.org/2024/10/09/nx-s1-5146006/justice-department-sanctions-google-search-engine-lawsuit
The United States recently implemented new export control rules for advanced AI and HPC processors, restricting sales to Chinese entities and limiting supplies to select Middle Eastern countries. However, Nvidia believes it can secure an export license to sell its AI GPUs to Ooredoo, a telecommunications giant operating in Qatar, Algeria, Tunisia, Oman, Kuwait, and … Read more
A former employee of Amazon has alleged that the company violated UK sanctions by providing facial recognition technology to Russia following the invasion of Ukraine. Charles Forrest filed a lawsuit against Amazon Web Services, claiming he was unfairly dismissed after reporting various issues between November 2022 and May 2023. The case is being heard at … Read more
Nvidia has faced a setback in the Chinese AI chip market as Huawei’s Ascend 910B outperformed the Nvidia H20 legal sanctions chip by about 10% in AI workloads, according to a report from Reuters. This has led Nvidia to lower the prices of the H20 by more than 10% in the Chinese market, impacting their … Read more