Nvidia shares declined on Monday as uncertainty surrounding the chipmaker’s potential investment in OpenAI weighed on investor sentiment. The stock slipped in early trading after reports suggested that previously announced plans involving a massive financial commitment to the artificial intelligence company may not yet be finalized. The market reaction underscored growing sensitivity around large-scale AI investments and the evolving relationships among major technology players. T
Nvidia shares declined on Monday as uncertainty surrounding the chipmaker’s potential investment in OpenAI weighed on investor sentiment. The stock slipped in early trading after reports suggested that previously announced plans involving a massive financial commitment to the artificial intelligence company may not yet be finalized. The market reaction underscored growing sensitivity around large-scale AI investments and the evolving relationships among major technology players. T
Sergio Gor formally assumed charge as the United States Ambassador to India on Monday, marking the beginning of a new diplomatic chapter between the two countries. Speaking shortly after taking office, Gor described the relationship between India and the United States as the most consequential global partnership of the century, underlining its growing importance across economic, strategic, and technological domains. He confirmed that fresh trade negotiations between the two sides are schedule
Sergio Gor formally assumed charge as the United States Ambassador to India on Monday, marking the beginning of a new diplomatic chapter between the two countries. Speaking shortly after taking office, Gor described the relationship between India and the United States as the most consequential global partnership of the century, underlining its growing importance across economic, strategic, and technological domains. He confirmed that fresh trade negotiations between the two sides are schedule
Nvidia made history on Wednesday by becoming the first publicly traded company to achieve a market capitalization of $5 trillion, marking a defining moment in the global technology and artificial intelligence landscape. The milestone underscores the company’s rapid evolution from a graphics chip producer into the backbone of the worldwide AI revolution, firmly establishing its leadership in a sector reshaping economies and industries. The Santa Clara, California-based firm’s sto
Nvidia made history on Wednesday by becoming the first publicly traded company to achieve a market capitalization of $5 trillion, marking a defining moment in the global technology and artificial intelligence landscape. The milestone underscores the company’s rapid evolution from a graphics chip producer into the backbone of the worldwide AI revolution, firmly establishing its leadership in a sector reshaping economies and industries. The Santa Clara, California-based firm’s sto
Intel Corp. is reportedly in preliminary talks with Apple Inc. over a potential investment, according to Bloomberg. The chipmaker, which has struggled in recent years against rivals AMD and Nvidia, is seeking new partnerships to strengthen its global position. While the discussions are still in early stages and no agreement is confirmed, the possibility of Apple joining Intel’s revival plan has already stirred investor interest.
Intel Corp. is reportedly in preliminary talks with Apple Inc. over a potential investment, according to Bloomberg. The chipmaker, which has struggled in recent years against rivals AMD and Nvidia, is seeking new partnerships to strengthen its global position. While the discussions are still in early stages and no agreement is confirmed, the possibility of Apple joining Intel’s revival plan has already stirred investor interest.
Prime Minister Narendra Modi has begun his two-day Japan visit with a packed agenda that includes strengthening economic ties, advancing technology partnerships, and reinforcing India’s role in the Quad grouping. The visit comes at a time of rising trade tensions with the United States following President Donald Trump’s imposition of a 50 per cent tariff on Indian goods. Against this backdrop, Tokyo is positioning itself as a stronger ally for New
Prime Minister Narendra Modi has begun his two-day Japan visit with a packed agenda that includes strengthening economic ties, advancing technology partnerships, and reinforcing India’s role in the Quad grouping. The visit comes at a time of rising trade tensions with the United States following President Donald Trump’s imposition of a 50 per cent tariff on Indian goods. Against this backdrop, Tokyo is positioning itself as a stronger ally for New
Nvidia has secured a crucial win in its ongoing negotiations with the U.S. government over AI chip exports to China. The Trump administration has decided to allow the tech giant to resume sales of its H20 chips to Chinese clients, following a reversal of earlier restrictions. According to Commerce Secretary Howard Lutnick, the green light for sales was granted on the condition that Nvidia would not export its most advanced chips, ensuring that national security interests remain protected whil
Nvidia has secured a crucial win in its ongoing negotiations with the U.S. government over AI chip exports to China. The Trump administration has decided to allow the tech giant to resume sales of its H20 chips to Chinese clients, following a reversal of earlier restrictions. According to Commerce Secretary Howard Lutnick, the green light for sales was granted on the condition that Nvidia would not export its most advanced chips, ensuring that national security interests remain protected whil
The recent developments in the semiconductor industry highlight a complex and evolving battle over technological supremacy, led prominently by the United States and China. When Huawei launched its Mate 60 Pro smartphone equipped with an advanced 7-nanometer chip despite stringent US export restrictions, it sent shockwaves through the global tech community. This event underscored that innovation can persist even in the face of severe sanctions. The US responded swiftly by tightening export contro
The recent developments in the semiconductor industry highlight a complex and evolving battle over technological supremacy, led prominently by the United States and China. When Huawei launched its Mate 60 Pro smartphone equipped with an advanced 7-nanometer chip despite stringent US export restrictions, it sent shockwaves through the global tech community. This event underscored that innovation can persist even in the face of severe sanctions. The US responded swiftly by tightening export contro
In a bold and sweeping move that signals a major shift in strategy, Intel Corporation is reportedly planning to lay off 20 percent of its global workforce. The decision, expected to be formally announced this week, marks the first significant restructuring initiative under newly appointed CEO Lip-Bu Tan, who took charge in March this year. The news, reported by Bloomberg, indicates a new era for the once-dominant chipmaker as it seeks to reclaim its position in a rapidly changing semiconducto
In a bold and sweeping move that signals a major shift in strategy, Intel Corporation is reportedly planning to lay off 20 percent of its global workforce. The decision, expected to be formally announced this week, marks the first significant restructuring initiative under newly appointed CEO Lip-Bu Tan, who took charge in March this year. The news, reported by Bloomberg, indicates a new era for the once-dominant chipmaker as it seeks to reclaim its position in a rapidly changing semiconducto
Nvidia, the crown jewel of Wall Street's artificial intelligence boom, suffered a staggering market loss this week, shedding nearly 7% of its value — over $148 billion in market capitalization — following the U.S. government's renewed crackdown on advanced chip exports to China. The dramatic sell-off marks one of the most severe single-day hits for the tech giant and signals growing fragility in the semiconductor sector amid intensifying geopolitical tensions. The immediat
Nvidia, the crown jewel of Wall Street's artificial intelligence boom, suffered a staggering market loss this week, shedding nearly 7% of its value — over $148 billion in market capitalization — following the U.S. government's renewed crackdown on advanced chip exports to China. The dramatic sell-off marks one of the most severe single-day hits for the tech giant and signals growing fragility in the semiconductor sector amid intensifying geopolitical tensions. The immediat
India is positioning itself to become a global player in the rapidly expanding fields of artificial intelligence (AI) and chip manufacturing. Experts believe the country’s entry into the AI space, akin to the emergence of China’s DeepSeek, will be driven by strategic public-private partnerships within the next 4-5 years. Kunal Bahl, co-founder of Titan Capital and a prominent entrepreneur, emphasized this potential growth in a conversation about India&
India is positioning itself to become a global player in the rapidly expanding fields of artificial intelligence (AI) and chip manufacturing. Experts believe the country’s entry into the AI space, akin to the emergence of China’s DeepSeek, will be driven by strategic public-private partnerships within the next 4-5 years. Kunal Bahl, co-founder of Titan Capital and a prominent entrepreneur, emphasized this potential growth in a conversation about India&
In a significant leadership change, Intel Corporation has appointed Lip-Bu Tan as its new Chief Executive Officer, effective March 18, 2025. This move comes after Intel ousted its former CEO Pat Gelsinger following concerns about his ambitious turnaround strategy, which struggled to gain investor confidence. Tan, a seasoned semiconductor industry veteran and a former Intel board member, has a rich background in the tech industry. His appointment reflects Intel's commitment to retaining it
In a significant leadership change, Intel Corporation has appointed Lip-Bu Tan as its new Chief Executive Officer, effective March 18, 2025. This move comes after Intel ousted its former CEO Pat Gelsinger following concerns about his ambitious turnaround strategy, which struggled to gain investor confidence. Tan, a seasoned semiconductor industry veteran and a former Intel board member, has a rich background in the tech industry. His appointment reflects Intel's commitment to retaining it
Microchip Technology has announced plans to lay off 2,000 employees, approximately 9 percent of its global workforce, as part of a restructuring plan aimed at cost reduction and operational efficiency. The decision is driven by declining semiconductor demand, particularly from the automotive sector, where companies are struggling to clear existing chip inventories before placing new orders.The semiconductor industry has faced challenges over the past year, with demand fluctuations affecting m
Microchip Technology has announced plans to lay off 2,000 employees, approximately 9 percent of its global workforce, as part of a restructuring plan aimed at cost reduction and operational efficiency. The decision is driven by declining semiconductor demand, particularly from the automotive sector, where companies are struggling to clear existing chip inventories before placing new orders.The semiconductor industry has faced challenges over the past year, with demand fluctuations affecting m
The Tata Group is making significant strides into the semiconductor industry, as Chairman N Chandrasekaran announced plans to establish new manufacturing facilities in various locations across India, including Assam and Ozhur in Kerala. Chandrasekaran emphasized the group’s commitment to building a robust semiconductor ecosystem in the country. The main facility, a semiconductor fabrication plant (Fab), is under construction in Dholera, Gujarat. This state-of-the-art facility
The Tata Group is making significant strides into the semiconductor industry, as Chairman N Chandrasekaran announced plans to establish new manufacturing facilities in various locations across India, including Assam and Ozhur in Kerala. Chandrasekaran emphasized the group’s commitment to building a robust semiconductor ecosystem in the country. The main facility, a semiconductor fabrication plant (Fab), is under construction in Dholera, Gujarat. This state-of-the-art facility