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Upcoming US rules on AI...

The US will take steps to...

Infosys signs $1.5 billion contract...

BENGALURU: India's second-largest software services exporter...

Upcoming US rules on AI chip exports aim to stop workarounds: US official

The US will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a US official said, as part of the Biden administration's upcoming actions to effectively block more AI chip exports. The new rules, details of which Reuters is reporting for the first time, will be added to sweeping US restrictions on shipments of advanced chips and chipmaking equipment to China unveiled last October. The updates are expected this week, other people familiar with the matter said, though such timetables often slip....
Karl Jörg -
Business Profiles

Upcoming US rules...

The US will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a US official said, as...
Karl Jörg -
Business Profiles

Infosys signs $1.5...

BENGALURU: India's second-largest software services exporter Infosys said it signed a $1.5 billion contract for a 15-year period with a "global company".Under the...
Karl Jörg -
Business Profiles

SoftBank-backed arm prices...

Arm Holdings has priced its IPO at the top end of its range, raising $4.87 billion in the largest listing of the year....
Karl Jörg -
Business Profiles

Tata Group: Nvidia...

BENGALURU: Nvidia, which has surged to become the sixth most valuable company in the world after it came to be known that its...
Karl Jörg -
Business Profiles

Nvidia: Nvidia result...

NEW YORK:Shares of AI bellwether Nvidia rose 4.3% to hit a record high on Thursday, lifting tech shares around the world, after the...
Karl Jörg -
Business Profiles

US stocks: Wall...

NEW YORK: Wall Street ended lower on Wednesday after the Federal Reserve's minutes showed central bank officials were divided over the need for...
Karl Jörg -
Business Profiles

Michael Burry: Michael...

NEW YORK: Michael Burry, the money manager made famous in the book and film "The Big Short," held bearish options against the broad...
Karl Jörg -
Business Profiles

Nvidia: US stocks:...

NEW YORK: The S&P 500 and the Nasdaq closed higher on Monday as shares of chipmaker Nvidia surged following a bullish note from...
Karl Jörg -
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