Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings

[ad_1] In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the…

Biden revoked 8 licenses for China’s Huawei in 2024, document shows

[ad_1] The Biden administration has revoked eight licenses this year that had allowed some companies to…

Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap

[ad_1] Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei,…

Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant

[ad_1] Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere…

Stocks making the biggest moves midday: Microsoft, Alphabet, Exxon Mobil, Snap and more

[ad_1] Check out the companies making headlines in midday trading: Microsoft — Shares added 1.8% after…

Chip design firm Arm seeks up to $52 billion valuation in blockbuster U.S. IPO

[ad_1] SoftBank CEO Masayoshi Son against a backdrop illustrating SoftBank Group and the Arm unit in…

Google, Amazon, Nvidia and other tech giants invest in AI startup Hugging Face, sending its valuation to $4.5 billion

[ad_1] The Hugging Face website on a smartphone arranged in New York, Aug. 17, 2023. Gabby…

How Amazon is racing to catch Microsoft and Google in generative A.I. with custom AWS chips

[ad_1] In an unmarked office building in Austin, Texas, two small rooms contain a handful of…

Nvidia’s A.I.-driven stock surge pushed earnings multiple three times higher than Tesla’s

[ad_1] Nvidia CEO Jensen Huang,speaks at the Supermicro keynote presentation during the Computex conference in Taipei…

Analysts see hope in Intel’s earnings but remain wary of structural issues

[ad_1] Intel reported stronger-than-expected results for the second quarter Thursday evening, beating on the top and…