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Exclusive: Samsung’s HBM Chips Encounter Issues in Nvidia Testing Due to Heat and Power Consumption Challenges

Samsung Electronics’ most recent high bandwidth memory (HBM) chips are encountering obstacles in passing Nvidia’s tests for integration into the U.S. company’s AI processors, according to three individuals briefed on the matter. These challenges are related to heat management and power consumption, particularly affecting Samsung’s HBM3 chips, the fourth-generation HBM standard widely used in graphics …

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Exclusive: Nvidia slashes prices in China amidst Huawei chip battle, insider sources reveal.

Nvidia’s most cutting-edge AI chip developed for the Chinese market has encountered a sluggish start, with ample supply driving its pricing below that of a competing chip from Chinese tech giant Huawei, sources familiar with the situation revealed. This downward trend in prices highlights the hurdles facing Nvidia’s business in China amid U.S. sanctions on …

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Lenovo, a Chinese tech company, Continues Revenue Growth Trend, Surpasses Expectations

Lenovo Group (0992.HK) of China reported a 9% increase in fourth-quarter revenue to $13.8 billion on Thursday. As the leading global producer of personal computers (PCs), Lenovo emerged from a demand slump following the COVID-19 pandemic. The fourth-quarter revenue surpassed analysts’ estimates, marking a second consecutive quarter of growth after enduring five quarters of declines …

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South Korea Unveils $19 Billion Support Package for Chip Industry

On Thursday, South Korea revealed a 26 trillion won ($19 billion) support package for its crucial semiconductor industry, according to the presidential office. President Yoon Suk Yeol announced that the government plans to provide approximately 17 trillion won in financial support through the state-run Korea Development Bank to facilitate large-scale investments by semiconductor companies. Additionally, …

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Exclusive: Microsoft’s UAE Agreement May Transfer Critical U.S. Chip and AI Technology Overseas

Microsoft President Brad Smith disclosed in a Reuters interview that the company’s high-profile agreement with UAE-based AI firm G42 could lead to the transfer of advanced chips and technological tools. A senior Republican congressman has raised concerns that this could pose national security risks. Smith explained that the agreement, details of which are being reported …

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Nvidia’s AI-Driven Earnings Set to Challenge the Record Streak of US Stocks

On Wednesday, earnings from semiconductor leader Nvidia (NVDA.O) are poised to challenge the ongoing rally in the U.S. stock market, which has seen indices reach all-time highs this year. Nvidia’s stock has surged 90% this year, positioning it as the third largest U.S. company by market capitalization, behind only Microsoft (MSFT.O) and Apple (AAPL.O). Nvidia’s …

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Xpeng Shares Soar Due to Tech Service Revenue and Positive Self-Driving Tech Outlook

Shares of Chinese electric vehicle producer Xpeng (9868.HK) climbed over 10% on Wednesday, propelled by increased revenue from research and development services to Volkswagen and positive statements regarding its self-driving technology prospects. After deepening its partnership with VW in April to collaborate on EV architecture, Xpeng reported that these R&D services largely accounted for its …

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Google to Introduce Ads in Search AI Overviews

Google announced it will begin testing search and shopping ads within its AI-generated answers in the U.S. The Alphabet-owned company revealed this on Tuesday, shortly after the widespread rollout of the AI Overviews feature at its annual I/O conference. According to a blog post from Google, ads will be displayed in a ‘sponsored’ section within …

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iFlytek Joins China’s AI Language Model Pricing Battle

On Wednesday, artificial intelligence (AI) firm iFlytek entered a growing price war among China’s leading tech companies. The company announced that certain versions of its “Spark” large-language model (LLM) would be either free or up to five times cheaper than similar products from competitors. This announcement followed a series of price reductions from other Chinese …

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BlackRock Engages in Discussions with Governments Regarding AI Investment Opportunities

BlackRock (BLK.N) is currently engaged in discussions with multiple governments regarding strategies to finance essential investments in support of artificial intelligence (AI), including expanding power infrastructure, stated the CEO of the world’s largest asset manager on Friday. AI is recognized as a significant catalyst for global productivity, yet its advancement relies heavily on data centers …

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