News

Intel to cut 15% of workers as chipmaker grapples with manufacturing challenges
Intel said on Thursday it is laying off 15% of its workforce and new CEO Lip Bu Tan presented a blueprint for a more ...
Nvidia AI chips worth $1B smuggled into China after Trump imposed US export controls: report
Nvidia's most powerful chips are banned for sale to China.At least $1 billion in Nvidia computer chips were smuggled into ...
The Register on MSN1h
A billion dollars' worth of Nvidia chips fell off a truck and found their way to China, report says
Psst, wanna buy some innovation? An estimated $1 billion worth of smuggled high-end Nvidia AI processors have reportedly ...
Interesting Engineering3h
Over $1B in smuggled NVIDIA chips sold in China after April’s US crackdown
Despite U.S. bans, Chinese buyers spent over $1B on smuggled NVIDIA AI chips like the B200, openly sold on Chinese social ...
Council on Foreign Relations4h
The Opportunities and Risks Inherent to Trump's AI Action Plan
The Trump administration released its AI action plan on July 23 to coincide with its ‘Winning the AI Race’ summit in ...
Trump AI plan aims to cut red tape and 'partisan bias'
"We believe we're in an AI race, and we want the United States to win that race," Trump administration crypto tsar David ...
Cryptopolitan8h
$1 billion of Nvidia AI chips flowed into China despite export controls
Over $1 billion worth of Nvidia’s top AI processors reached China in just 3 months after President Donald Trump tightened US ...
Intel’s CEO needs a path to profits to win over stock skeptics
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...
Nvidia addresses AI chip smuggling, says bootleg datacenters are a ‘losing proposition'
Last week, Nvidia CEO Jensen Huang said it would soon resume selling its H20 chips to China after a breakthrough with the ...
$1 billion of NVIDIA AI chips were reportedly sold in China despite US bans
Financial Times is reporting that $1 billion worth of NVIDIA AI chips were smuggled into China in the three months after the Trump administration tightened semiconductor export controls. Citing sales ...