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US chip curbs trip up China's AI-hungry tech giants, Telecom News, ET Telecom

Ai: It followed gaming giant Tencent s acknowledgement this week that its ability to sell advanced cloud services has been hit by the restrictions, which were introduced by Washington last year to prevent China s access to cutting-edge chips. ....

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Tencent's Profit Beat Soothes Fears of China Downturn Fallout

(Bloomberg) Tencent Holdings Ltd.’s earnings beat estimates after online advertising rebounded, a sign that Chinese consumers are turning to social media and games despite a nationwide downturn.Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USUS Frustration With Israel Grows as Gaza Civilian Deaths MountS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapIsrael Latest: Troops Reported Insid ....

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HONG KONG Chinese tech giant Tencent Holdings said Wednesday that the company has "moved into a high-quality revenue growth model," mainly by lever ....

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