Nvidia Corp. and its founder Jensen Huang are facing backlash from Chinese citizens and a mainland media outlet after Huang referred to Taiwan as a “country” during a visit to the island. This led to calls for a boycott of the company. Huang, who was born in Taiwan but moved to the United States as … Read more
A group of bipartisan U.S. lawmakers, led by Rep. Michael McCaul, R-Texas, visited Taiwan in the wake of China’s large military exercise near the island. The delegation, including Rep. Young Kim, R-Calif.; Rep. Joe Wilson, R-S.C.; Rep. Jimmy Panetta, D-Calif.; Rep. Andy Barr, R-Kentucky, and Rep. Chrissy Houlahan, D-Pa., met with President Lai Ching-te to … Read more
Taiwan Semiconductor Manufacturing Co (TSMC), a major supplier for Nvidia, shared optimistic projections for the global semiconductor industry, excluding memory chips, anticipating a 10% annual revenue growth. The company’s senior vice president, Cliff Hou, expressed confidence in the opportunities presented by the rise of artificial intelligence (AI) applications, referring to it as a new golden … Read more
In the latest analysis of the upcoming day in US and global markets by journalist Mike Dolan, Nvidia’s strong quarterly earnings led to a surge in Wall Street stock futures on Thursday. Despite Federal Reserve meeting minutes, military tensions over Taiwan, and news of a UK election in July, Nvidia’s impressive performance in the field … Read more
In a preview of the upcoming day in financial markets, journalist Mike Dolan provides insight into both US and global markets. With a focus on upcoming events and potential market-moving factors, Dolan offers readers a glimpse into what to expect in the trading day ahead. Dolan’s analysis is supported by data and trends in the … Read more
According to recent reports, production of Nvidia GPUs could be halted immediately if China invades Taiwan, as the machines used to manufacture them at TSMC reportedly have a remote kill switch. TSMC, a major chipmaker, took over GPU production for Nvidia with the launch of its Ada Lovelace architecture in 2022, and will also produce … Read more