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Arm Holdings is preparing for its IPO and the model for its success will be Nvidia - an AI chip favorite. But there are potential concerns about Arm's...
(Bloomberg) -- Nvidia Corp. led declines in tech stocks after a report Washington could close loopholes in the sale to China of powerful chips used to train artificial intelligence, potentially denting sales in the world’s top semiconductor market.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearl
(Bloomberg) -- Nvidia Corp. led declines in tech stocks after a report Washington could close loopholes in the sale to China of powerful chips used to train artificial intelligence, potentially denting sales in the world’s top semiconductor market.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearl
Nvidia, which gets about a fifth of its revenue from China, slid as much as 3.2 per cent in after-hours trading in New York. Read more at straitstimes.com.