Sensex Today | Stock Market close, Wednesday, June 4, 2025: In the broader markets, Nifty Midcap100, and Nifty Smallcap100 indices settled with gains of 0.71 per cent and 0.79 per cent, respectively
Fueled by record AI chip demand and soaring stock gains, Nvidia's market cap hits $3.45 trillion, taking the spot of the most valuable company from Microsoft
IT stocks jumped in trade after a US federal court on Wednesday (local time) blocked President Donald Trump from imposing broad tariffs on imports under an emergency-powers law.
Nvidia plans to launch a lower-cost AI chip for China using Blackwell architecture, following US export curbs. The new GPU will bypass restrictions and enter mass production as early as June 2025
Huang called the curbs a "failure" by the US, arguing they fuelled China's AI growth and helped firms like Huawei; he welcomed Trump's move to roll back Biden's chip restrictions
Chief Executive Officer Jensen Huang on Monday kicked off Computex in Taiwan, Asia's biggest electronics forum, touting new products and cementing ties with a region vital to the tech supply chain
Amid US curbs on chip exports, Nvidia seeks to retain foothold in China as competitors rush to fill AI chip vacuum
This year's exhibition will of course feature the hardware required to bring artificial intelligence to life
Both President Donald Trump and his predecessor, Joe Biden, have implemented progressively tighter export controls of Nvidia's chips to China
Nvidia and Anthropic are divided on the artificial intelligence policy with US chip export restrictions set to take effect on May 15
Seven global firms, including Google and Microsoft, are collaborating with the Indian Institute of Creative Technology (IICT) to promote talent in the emerging creators' economy in the country, Union Minister Ashwini Vaishnaw said on Thursday. Speaking at the first World Audio Visual and Entertainment Summit (WAVES) here, Vaishnaw said the institute is set to become a national hub for the Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR) sector. "Already seven firms - Nvidia, Google, Apple, Microsoft, Meta, Star India and Adobe are collaborating with the IICT. The IICT will work closely with the industry to make our young creators future ready," Vaishnaw said. The IICT is being established by the Ministry of Information and Broadcasting, in strategic collaboration with FICCI and CII, as a National Centre of Excellence on the lines of prestigious IIT and IIM. Vaishnaw said industry estimates show that India is home to 40 million creators. "This vibrant set o
China has made significant investment in resources to shore up its semiconductor sector amid the recent export restrictions by the US and its allies
China, with vast potential for investment and consumption, has always been fertile ground for investment and trade by foreign enterprises, He was quoted as saying by Xinhua
Nvidia CEO Jensen Huang met Chinese officials in Beijing after US imposed fresh export curbs on H20 AI chips, a move that may cost the company $5.5 billion in quarterly charges
World shares were mostly lower on Wednesday as Nvidia and other technology companies were walloped by tighter US controls on exports of advanced computer chips used for artificial intelligence. The future for the S and P 500 skidded 1.2 per cent while that for the Dow Jones Industrial Average lost 0.6 per cent. Chip maker Nvidia's shares fell 6.3 per cent in after-hours trading after it said the US had imposed stricter controls on its exports of one of its computer chips designed for use in artificial intelligence. Rival chip maker AMD's shares dropped 7.1 per cent after US markets closed. Trade war concerns also were revived by a Trump administration announcement of an investigation into imports of critical minerals such as rare earths, which are used in smart phones, electric vehicles and many other products. In early European trading, Britain's FTSE 100 lost 0.2 per cent to 8,233.10 after the government said inflation in the UK fell for the second month running in March largely
Nvidia to take $5.5 billion charge as US export curbs hit H20 AI chip sales to China; company warns of mounting challenges in key overseas markets
Our editorial page today addresses various topics, including global reactions to Trump's tariffs, the future of BIMSTEC, and a look at NVidia's CEO Jensen Huang
Huang doesn't offer the author much on how his upbringing may have led to his current status as a technology apex predator
At the Startup Mahakumbh, CCI Director General Ansuman Pattnaik asked startup founders to file a complaint before the commission if their business has been hindered because of a big firm
Washington asked Malaysia to closely scrutinize the shipment of Nvidia chips coming to the country, Investment, Trade and Industry Minister Zafrul Abdul Aziz said