USChina

TikTok Parent Company ByteDance Partners with Broadcom to Create AI Chip Despite US-China Strain: Report – Broadcom (NASDAQ:AVGO), Marvell Tech (NASDAQ:MRVL)

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TikTok Parent Company ByteDance Partners with Broadcom to Create AI Chip Despite US-China Strain: Report – Broadcom (NASDAQ:AVGO), Marvell Tech (NASDAQ:MRVL)

ByteDance, the parent company of TikTok, is reportedly collaborating with American chip designer Broadcom to develop a custom 5-nanometer application-specific integrated chip (ASIC) to ensure a stable supply of high-end chips amidst tensions between the United States and China. This collaboration, aimed at complying with US export restrictions, would see the manufacturing of the chip … Read more

Potential Problems for Nvidia Due to US-China Trade Tensions

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Potential Problems for Nvidia Due to US-China Trade Tensions

US stock markets, with the exception of the Dow Jones Industrial Average, are benefitting from positive intraday gains following Nvidia’s better-than-expected fiscal first-quarter earnings. Charles Schwab, Chief Global Investment Strategist and Managing Director Jeffrey Kleintop anticipates market performance to expand beyond the tech sector and artificial intelligence trends in light of international trade tensions arising … Read more

Broadcom-Vmware Deal Under Threat Amid US-China Trade Tensions By Investing.com

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Broadcom-Vmware Deal Under Threat Amid US-China Trade Tensions By Investing.com

© Reuters. Shares of VMware (NYSE:) fell 7% to $166.34 on Tuesday, amid rising U.S.-China trade tensions and fears that China may retaliate against the U.S.’s tightened semiconductor sales restrictions by blocking Broadcom (NASDAQ:)’s impending $61 billion acquisition of VMware. The U.S.-China trade tensions have cast a shadow over the semiconductor industry, affecting stocks including … Read more