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Nvidia shares surged nearly 10% in after hours trading, as the company posted its Q2 earnings report where revenue beat analyst expectations by more than $2 billion.
Nvidia disagrees, arguing that by stopping exports the US is holding back its domestic industry in the race to be the leading global AI superpower.
The company’s specialized AI chips are in great demand, boosting its value to over $1tn, a first for a chipmaker
India Business News: GANDHINAGAR: Backing India's bid to become a semiconductor production base, chairman of Taiwanese manufacturing giant Foxconn said his country sees In.
The outlay has the potential to accelerate India’s journey towards economic development, help the country achieve self-reliance in technology, and foster technological sovereignty