Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say

finance.yahoo.com Nvidia's most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below a rival chip from Chinese…

Jamie Dimon Seems Unfazed About JPMorgan’s Tepid China Business

thedailyupside.com At times like these, one is reminded of Wile E. Coyote running out into thin air before remembering that gravity exists. In a brief respite from warning there’s still a risk…

Apple offers biggest-ever iPhone discounts in China as annual ‘618’ shopping festival begins

aol.com Apple is offering unprecedented price cuts in China as big brands and retailers launch promotions for the annual “618” shopping festival in the face of sluggish consumer…

The race to lead China's AI sector heats up as ByteDance, Alibaba and Baidu offer their models at rock-bottom prices

fortune.com China’s biggest companies have a go-to tactic when it comes to fighting off the competition: Cut prices, and cut them drastically. Multiple sectors of the Chinese consumer…

3 Reasons Not to Waste Your Time on Apple Stock This Year

investorplace.com Despite being a cash cow, Apple suffers from an innovation problem and product portfolio one as well Apple‘s (NASDAQ: ) share price has only just started to recover after a…

BMW and Jaguar slammed for importing banned Chinese parts and cars

euronews.com The parts are mostly LAN transformers, imported from Sichuan Jingweida Technology Group (JWD) which allegedly uses forced Uyghur labour. A number of car manufacturers, such…

Apple slashes iPhone prices in China for the second time this year as local competition pressures its sales

aol.com Apple just launched another round of discounts in China, an out-of-character move for the company as it tries to maintain its position in the world’s second-largest economy.…

TSMC, ASML can remotely disable chip-making tools if mainland China invades Taiwan

scmp.com ASML reassured officials about its ability to remotely disable the machines when the Dutch government met with the company on the threat, two others said. The Netherlands…

ASML and TSMC can disable chip machines if China invades Taiwan

finance.yahoo.com ASML Holding NV and Taiwan Semiconductor Manufacturing Co. have ways to disable the world’s most sophisticated chipmaking machines in the event that China invades Taiwan,…

Apple looks to boost sales in China with hefty discounts as e-commerce festival gets underway

cnbc.com An advertisement for the Huawei Pura70 mobile phone is being seen in front of the Apple Store on the pedestrian street of Nanjing Road in Shanghai, China, on May 15, 2024.…

How Apple's AI push could do more than just reignite iPhone sales

cnbc.com A new note from Melius Research supports what Jim Cramer has been saying for a while now: Club holding Apple's integration of artificial intelligence into the iPhone should…

Apple Responds to Huawei Threat by Slashing iPhone 15 Prices in China

macrumors.com Apple has launched another round of steep discounts on iPhone 15 models in mainland China, in a bid to boost sales in its biggest smartphone market and counter a strong…

Chinese Tech Giants Threatened by Smaller AI Products

pymnts.com Artificial intelligence (AI) firms have reportedly begun offering “AI-in-a-box” tools for companies to run in-house. It’s a trend that presents a threat to the AI cloud…

Pressure From Rivals Causes Apple to up Discounts on iPhones in China

pymnts.com Apple has reportedly begun a campaign of heavy discounting on its iPhone in China. The markdowns — up to 2,300 yuan (about $320) on select iPhone models on the company’s…

Apple Cuts iPhone 15 Prices In China By 20% As Demand Wanes

zerohedge.com Apple Cuts iPhone 15 Prices In China By 20% As Demand Wanes Apple is offering steep iPhone discounts on several major e-commerce websites in mainland China to boost demand…

Apple Offers Big iPhone Discounts in China Amid Sales Slump

asiafinancial.com Apple is handing out big discounts on some iPhones in China, after a sales plunge in the first quarter and amid an intensifying rivalry with US-sanctioned Huawei. The US…

How Companies Dodge Tariffs

nytimes.com No matter who wins the White House and control of Congress this autumn, one aspect of trade policy is likely to endure: Washington’s tough-on-China protectionist stance. But…

Chinese telco gear may become verboten on German networks

theregister.com Germany may soon remove Huawei and ZTE equipment from its 5G networks, according to media reports. Bloomberg reported last Friday that Germany's Foreign Office and Ministry…

AI chip giant Nvidia is about to report first-quarter earnings: Here’s what Wall Street expects as growth looks set to cool

aol.com Top AI chip supplier Nvidia reports fiscal first-quarter results Wednesday after the market closes, with Wall Street anticipating some deceleration following its earlier…

Nvidia is about to report first-quarter earnings: Here's what Wall Street expects as growth looks set to cool

fortune.com Top AI chip supplier Nvidia reports fiscal first-quarter results Wednesday after the market closes, with Wall Street anticipating some deceleration following its earlier…

China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies

ft.com Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloud

Chinese drivers are demanding smart cars

aol.com None China's EV makers are packing their vehicles with high-tech extras in an attempt to woo customers. • None Auto execs and experts say Chinese customers want their cars…

Germany Nears Decision To Ban Huawei 5G By 2026: Report

benzinga.com Germany is reportedly on the verge of deciding to remove Chinese technology from its 5G core network by 2026, with three out of four relevant ministries backing the measure…

Huawei’s latest smartphone contains more China-made components than Mate 60

scmp.com Being able to source components locally has become more imperative for Huawei after the US recently revoked more chip export licences from chip makers Qualcomm and Intel ,…

Congress must move to stop Beijing from making US rely on Chinese firms

nypost.com The United States is determined to thwart Beijing’s efforts to secure victory around the world in three key areas: military, intelligence and diplomatic. Yet the greatest…

China Shrugs as Biden’s New Tariffs Seen as Election Ploy

asiafinancial.com China’s less than ferocious response to the US’s latest raft of trade tariffs on a whole host of its goods, is being read as a sign of a new emerging self-confidence in…

Chinese EV-makers are leaving Western rivals in the dust

economist.com TO GIRD YOURSELF for Auto China 2024, a nine-day motor show which ends on May 4th in Beijing, get there by car. On the opening day, navigating the human traffic eager to…

Chinese Firms Close in on High-End AI Memory Chips Coup

asiafinancial.com Two Chinese chipmakers are reportedly working on producing the high bandwidth memory (HBM) semiconductors used in artificial intelligence chipsets, in what would be a major…

Video: Huawei revamps stores to do battle with Apple

theglobeandmail.com Huawei is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone's throw away from Apple shops, as it seeks to retake the…

U.S. tariffs on $18 billion of goods aren't phasing China

fastcompany.com China’s measured response to the U.S. move to hike tariffs on $18 billion of Chinese goods from syringes to batteries suggests relations between the world’s two largest…

3 Reasons Intel Stock Will Remain a Shadow of Its Former Self

investorplace.com Intel is running out of time to spur long-term, durable growth Intel (NASDAQ: ) share price enjoyed a resurgence in 2023. Many chip stocks performed well because of the buzz…

Huawei Mania Heads Beyond China as it Steps up Marketing Blitz

asiafinancial.com After quickly surging through the ranks of smartphone-makers in China, Huawei is starting to make its presence felt beyond the mainland. In Hong Kong, an increasing number…

Xiaomi’s successful SU7 launch puts smartphone maker among China’s top 10 EV upstarts

scmp.com It joins other upstarts like Nio and Xpeng as new carmakers focused on EV production. The category excludes legacy brands like Volkswagen and established EV makers such as…

Samsung Tops Apple In Q1 Global Smartphone Shipments

zerohedge.com Samsung Tops Apple In Q1 Global Smartphone Shipments While not quite a duopoly, Apple and Samsung have long been known to produce the most popular smartphones from a global…

Chinese firms make headway in producing high bandwidth memory for AI chipsets

aol.com SINGAPORE/BEIJING (Reuters) - Two Chinese chipmakers are in the early stages of producing high bandwidth memory (HBM) semiconductors used in artificial intelligence…

5G and 6G are among 'the most strategic sectors' in the AI age, a national security advisor says

aol.com None The US is strengthening its 5G infrastructure, according to a National Security Council official. • None She said the US must improve its telecom infrastructure. • None…

Apple is right not to rush headlong into generative AI

economist.com If you think Tim Cook has always led a charmed life at the helm of Apple, think again. The years straight after the death of Steve Jobs in 2011 were a trial by fire. First…

Stick a Fork in It and Run! Intel Stock Is Done

investorplace.com Don't expect 2024 to resemble 2023 in any way, shape or form for Intel stock Intel (NASDAQ: ) was a darling of the chipmaking market many years ago. Then, it was a…

Diamonds in the Rough: 3 Dow Stocks That Won’t Stay This Cheap for Long

investorplace.com The Dow Jones Industrial Average has been on quite the applaud-worthy winning streak of late, with the timeless market index up for seven consecutive days between May 1 and…

Samsung, Apple and Xiaomi Command Half of the Global Smartphone Market in Q1 2024

statista.com While not quite a duopoly, Apple and Samsung have long been known to produce the most popular smartphones from a global perspective. Over the past years, however, Chinese…

Chinese Economy Headed to a Dead-End: Scholar

asiafinancial.com The plan by China’s leaders to revive its slumping growth via a surge of exports will only create more tension with its trade partners, according to scholar Anne…

Joe Biden Directs Chinese Crypto Miners to Cease Operations Near Warren Air Force Base

coinspeaker.com Coinspeaker Joe Biden Directs Chinese Crypto Miners to Cease Operations Near Warren Air Force Base United States President Joe Biden has directed the Secretary of Treasury…

Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips

asiafinancial.com US President Joe Biden announced tariff hikes on Tuesday on a range of Chinese imports, from electric vehicles, to computer chips and medical products. The move, which is…

Apple Stock Alert: Warning! AAPL’s Problems Are Getting Worse

investorplace.com AAPL is struggling with a slowdown in sales that clouds its future Apple’s (NASDQ: ) first-quarter financial results contained some very discouraging signs, making the stock…

US Orders Chinese Crypto Firm to Sell Land Near Missile Base

asiafinancial.com The US government has ordered a company with Chinese links and its partners to sell a property it bought near a US Air Force base in Wyoming. The move was undertaken because…

McDonald's, Apple & Tesla Can't Bet On China Fortunes Anymore

cnn.com Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. For decades,…

McDonald’s, Apple and Tesla can’t bet on making a fortune in China anymore

aol.com Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. For decades,…

A Bull Market Is Here: 2 Artificial Intelligence Stocks Down 27% and 60% to Buy Right Now

finance.yahoo.com Artificial intelligence (AI) is changing the world at an incredible pace, and its earthshaking impacts are still just beginning to unfold. The rapid evolution of this new…

China's Semiconductor Spending Tops US With $142B Commitment: Global Chip Race Heats Up

benzinga.com Gaining control over the global supply of chips is becoming a central priority for Western governments trying to compete with China in the race to dominate the industry.…

Beating US Sanctions, Chinese Scientists Achieve Mass Production Of Optical Chips At Low Cost

benzinga.com Chinese researchers have discovered an economical way to mass-produce optical chips, which could potentially soften the impact of U.S. sanctions. What Happened: Chinese…

Big US Stocks’ Q1’24 Fundamentals: Valuations Deeper Into Bubble Territory?

investing.com The big US stocks dominating markets and investors’ portfolios continue to thrive. They are finishing up another earnings season covering a record-breaking quarter,…

Qualcomm says it's not expecting any revenue from Huawei after 2024

gizmochina.com Following the recent US chip export ban, Qualcomm stated in its financial filing that it is not expecting any product revenue from Huawei after 2024. The US Department of…