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Nvidia Stock Drops as U.S.-China Summit Fails to Secure Chip Sales

Nvidia Stock Drops as U.S.-China Summit Fails to Secure Chip Sales

Nvidia Stock Drops as U.S.-China Summit Fails to Secure Chip Sales
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Exclusive-At Samsung, the global AI boom spurred a looming strike and deep divisions

Exclusive-At Samsung, the global AI boom spurred a looming strike and deep divisions

By Hyunjoo Jin SEOUL, May 15 (Reuters) - A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom?
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China's SMIC says foreign clients shifting orders back to China

China's SMIC says foreign clients shifting orders back to China

By Che Pan and Eduardo Baptista BEIJING, May 15 (Rtrs) - China's top contract chipmaker, Semiconductor Manufacturing International Corp, on Friday said orders from overseas clients are increasing as the global artificial intelligence boom tightens capacity at foreign foundries.
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Chip export controls not major topic in China talks, US trade rep Greer tells Bloomberg News

Chip export controls not major topic in China talks, US trade rep Greer tells Bloomberg News

May 15 (Reuters) - U.S. Trade Representative Jamieson Greer told Bloomberg TV in an interview on Friday that U.S. export controls on semiconductor chips were not a major topic of discussions with Chinese officials in Beijing.
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Asian Tech Companies Benefit from Global AI Investment Surge

Asian Tech Companies Benefit from Global AI Investment Surge

Asian Tech Companies Benefit from Global AI Investment Surge
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Take Five: A barrel of uncertainty

Take Five: A barrel of uncertainty

May 15 (Reuters) - The war in Iran is about to enter its 12th week and, with no end in sight, concern is growing about the impact on the real economy. Not that this worry is evident in booming equity markets, where all things AI are king right now.
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Nvidia Stock Drops Amid Uncertainty Over AI Chip Sales to China

Nvidia Stock Drops Amid Uncertainty Over AI Chip Sales to China

Nvidia Stock Drops Amid Uncertainty Over AI Chip Sales to China
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Cerebras Systems' Stock Surges Amid AI Investment Boom

Cerebras Systems' Stock Surges Amid AI Investment Boom

Cerebras Systems' Stock Surges Amid AI Investment Boom
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Morning Bid: A bad case of the bond blues

Morning Bid: A bad case of the bond blues

By Anna Szymanski May 15 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! The long-awaited summit between U.S.
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South Korea says it will pursue all options to avoid Samsung strike

South Korea says it will pursue all options to avoid Samsung strike

SEOUL, May 17 (Reuters) - South Korea will pursue all options, including emergency arbitration, to avoid a labour strike at the country's biggest employer Samsung Electronics and to minimise any damage if one does occur, its prime minister said on Sunday.
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Nvidia Gains Approval for H200 GPU Sales to Chinese Tech Firms, Boosting AI Prospects

Nvidia Gains Approval for H200 GPU Sales to Chinese Tech Firms, Boosting AI Prospects

Nvidia Gains Approval for H200 GPU Sales to Chinese Tech Firms, Boosting AI Prospects
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Samsung's South Korean union sticks to strike plan after talks offer; shares slide

Samsung's South Korean union sticks to strike plan after talks offer; shares slide

By Heekyong Yang and Hyunjoo Jin SEOUL, May 15 (Reuters) - Samsung Electronics' South Korean labour union said on Friday it remained committed to a planned strike starting next week, even after the company proposed resuming pay talks without conditions, sending shares down as much as 5.9%.