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BBCNEWS Business July 2, 2024

Price on a tear. The stock . Well, its up 97 this year alone. We dug into nvidia is resold with marc einstein, chief analyst and Digital Services at itr corp. He said if the momentum is sustainable. I cant really remember the last time we were talking about triple digit growth in the tech industry. So this is very exciting but, as youve said, this is being driven by the Big Data Centre players, and they do have a buying cycle and so i think we need to be a little bit cautious when we think about...
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Nvidia stock: Nvidia stock surges as revenue forecast tops estimates, AI demand continues

The already-hefty demand for the companys data center chips and graphics processing units (GPUs) continues to grow as firms scramble to expand their AI offerings. Nvidias silicon dominates the global market for AI chips, where it counts the likes of Microsoft among its customers.
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taiwan protection key technologies: Taiwan boosts protection of key tech, but says won't affect chipmakers' business

Taiwan makes the majority of the worlds most advanced semiconductor chips, used in everything from smartphones to electric vehicles, and the government has long worried about Chinese efforts to copy its success, including through industrial espionage and poaching engineers.
Wang Mei Hua Sarah Wu Ben Blanchard Sonali Paul National Science Technology Council

us officials taiwan visit: US officials to visit Taiwan to explain chip curbs: economy minister Wang Mei-hua

The Biden administration in October said it plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others, as part of measures to try to stop Beijing from receiving U.S. technologies to strengthen its military.
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Baidu says sees limited impact from U.S. chip curbs after Q3 revenue beat, ET Telecom

Baidu: However, Li said the U.S. sanctions on exports of advanced AI chips to China made by the likes of Nvidia would impact overall AI development in China and predicted that the shortage could prompt a consolidation of LLMs in the country. Li said last week China had over 230 LLMs.
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