Nvidia CEO Jensen Huang is under pressure to testify before Congress about the company's AI chip sales to China and the impact of export controls. Senator Elizabeth Warren accuses him of lobbying against tighter restrictions that aim to protect U.S. national security. Huang faces a no-win situation: defending Nvidia's China business risks criticism for enabling military tech, while supporting stricter controls could hurt Nvidia's market access and profits. This political battle could significantly affect Nvidia's growth in one of the largest AI markets, highlighting how U.S. policy decisions are becoming as crucial as technological innovation for the company.
On April 8, 2025, President Donald Trump made 327 stock purchases focused on major tech companies during a market sell-off triggered by his new tariff plan. The next day, he announced a partial rollback of these tariffs, causing the S&P 500 to surge ...
Anthropic is seriously considering developing its own AI chips and has engaged Samsung to explore a potential collaboration. The company has not yet finalized the chip's purpose, integration, or power but aims to diversify its hardware beyond current...
In the first half of 2026, the Technology Select Sector SPDR Fund (XLK) led sector gains with a 33% return despite a June pullback due to AI spending concerns and Fed rate hike fears. The Energy sector (XLE) rose 21%, driven by supply disruptions and...
Stephen Yiu, chief investment officer of Blue Whale Growth Fund, recommends investing in companies that are direct recipients of artificial intelligence investments. He highlights his strategy of following where the money flows, having bought shares ...
Nvidia reported a strong quarter with revenue up 85% year-over-year and Data Center revenue surging 92%. The company doubled its pipeline visibility to $1 trillion through 2027 and committed $119 billion in supply without margin pressure despite new ...
