Lucid Group, Inc. (NASDAQ: LCID) has announced its financial results for the fourth quarter and full year of 2024. The company produced 3,386 vehicles in Q4 and 9,029 […]
China says US plan to toughen semiconductor curb will backfire
BEIJING, Feb 25 (Reuters) – China’s foreign ministry stated on Tuesday that the U.S. plan to pressure other countries into targeting China’s semiconductor industry will ultimately fail. Lin […]
Tesla Advances Toward Self-Driving Capabilities in China
Tesla has achieved a significant milestone in its efforts to introduce self-driving technology in China. The company announced on Tuesday that some drivers in China will now be […]
Apple shareholders are expected to consider scrapping diversity programs amid backlash
Apple shareholders are anticipated to reject a proposal on Tuesday aimed at pressuring the company to eliminate its corporate diversity programs. The proposal, drafted by the National Center […]
Tesla launches limited Full Self-Driving in China to mixed reviews
Tesla has introduced a limited version of its Full Self-Driving (FSD) features in China, receiving mixed feedback due to its limited capabilities compared to promises and local competitors. […]
Nvidia Sees Surge in H20 Chip Demand from China Amid DeepSeek’s Popularity
Nvidia (NVDA) is experiencing significant demand for its H20 AI chips in China, driven by the rising adoption of DeepSeek’s cost-effective AI models. Major Chinese tech firms like […]
Musk’s Starlink Gets FAA Contract, Raising Conflict of Interest Concerns
SpaceX’s Starlink internet system has been contracted by the Federal Aviation Administration (FAA) to upgrade its IT networks, sparking conflict of interest concerns given Elon Musk’s role in […]
Nasdaq futures tumble, yields lower as Trump reportedly plans tougher chip curbs on China
Stock index futures declined on Tuesday, with Nasdaq futures experiencing a significant drop following reports that the Trump administration intends to impose stricter chip restrictions on China compared […]
Apple commits to ‘largest ever’ $500bn US investment
Apple has announced plans to invest over $500 billion in the U.S. over the next four years, starting with a new advanced manufacturing factory in Texas. This investment […]
ASML and NVDA in Firing Line as Trump Aims to Tighten China Chip Controls
Shares of ASML (ASML) declined early Tuesday after reports indicated the White House is considering stricter restrictions on the Dutch chipmaker’s operations in China. In Europe, ASML’s stock […]