Chinese President Xi Jinping assured American CEOs, including Elon Musk and Tim Cook, that China's market will open wider to US businesses during President Trump's visit. This comes as the US reportedly approved Nvidia to sell advanced H200 chips to China, signaling a potential easing of tech restrictions amid ongoing US-China competition in AI development. Both sides expressed interest in deepening economic cooperation and expanding market access, which could boost foreign investment and tech collaboration despite geopolitical tensions. The discussions highlight efforts to balance competition with cooperation in key technology sectors like AI and semiconductors.
Intel's foundry segment is gaining traction with commercial production of its advanced 18A process node and promising progress on the 14A node. Key partnerships with Apple and Tesla's Terafab project validate Intel's manufacturing capabilities and bo...
A potential thaw in US-China trade relations, including tariff relief and eased export controls, could significantly benefit several US and Chinese companies. Tesla and Qualcomm have mixed exposure due to their global operations, while NIO and Alibab...
Top pension officials from New York and California have expressed concerns about SpaceX's upcoming IPO, criticizing its dual-class share structure that grants Elon Musk significant voting power and control. They warn that this 'most management-favora...
Elon Musk announced Terafab, a joint venture between Tesla, SpaceX, xAI, and Intel, aiming to produce one terawatt of AI compute annually, vastly increasing global semiconductor supply. This move addresses the anticipated massive chip demand from Tes...
European stocks are expected to open higher amid ongoing political uncertainty in the UK, where Prime Minister Keir Starmer faces leadership challenges, and ahead of key UK GDP data. Investors are also focused on US President Donald Trump's visit to ...
