The EU’s Court of Justice ruled that regulators failed to prove the U.S. company doled out illegal rebates to PC makers that agreed to buy most of their chips from Intel.
computer chips
Posted inBusiness, Nation & World, News
Nvidia eyes return to record as AI spending bonanza continues
Concerns about the returns from AI investments recently contributed to a tech selloff, although that dip was readily bought amid signs that economic growth remains resilient and rising confidence that the spending on AI itself will stay strong.
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Posted inBusiness, Nation & World, News
Nvidia has lost $900 billion even as AI spending plans ramp up
At the same time, Big Tech companies largely failed to convince investors during the earnings season that their spending on AI is translating to more sales and bigger profits.
Posted inBusiness, Nation & World, News
U.S. weighs new restrictions on China’s access to AI memory chips
The new restrictions are likely to be unveiled as soon as late August as part of a broader package that also includes sanctions against more than 120 Chinese firms.
Posted inBusiness
Washout on Wall Street sends stocks tumbling
The Dow Jones Industrial Average tumbled 533 points, or 1.3%.
Posted inBusiness
U.S. revokes Intel, Qualcomm licenses to sell chips to Huawei
The decision will affect sales of chips for use in Huawei phones and laptops, according to the people, who discussed the move on condition of anonymity.
Posted inBusiness
As Biden celebrates computer chip factories, voters wait for the promised production to start
The president is visiting the Syracuse, New York, site where Micron Technology plans some factories.