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Nvidia's H200 AI Chip Sales to China Approved with Revenue Sharing Deal

Nvidia's H200 AI Chip Sales to China Approved with Revenue Sharing Deal

Nvidia's H200 AI Chip Sales to China Approved with Revenue Sharing Deal
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Trading Day: Nervy Fed vigil almost over

Trading Day: Nervy Fed vigil almost over

ORLANDO, Florida, Dec 9 (Reuters) - U.S. stocks, bonds and the dollar held relatively steady on Tuesday as investors braced for the Federal Reserve's policy decision on Wednesday, while surprisingly hawkish remarks from Australia's central bank governor rocked markets there. More on that below.
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South Korea to consider setting up $3.1 billion foundry to grow local chip sector

South Korea to consider setting up $3.1 billion foundry to grow local chip sector

By Joyce Lee and Hyunjoo Jin SEOUL, Dec 10 (Reuters) - South Korea is considering building a 4.5 trillion won ($3.06 billion) foundry to make essential chips, funded by state and private investment, part of efforts to gain an edge in a race to nurture local semiconductor firms as demand for AI chips
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Major automakers say China poses 'clear and present threat' to US auto industry

Major automakers say China poses 'clear and present threat' to US auto industry

By David Shepardson WASHINGTON, Dec 11 - Major automakers on Thursday urged Washington to prevent Chinese government-backed automakers and battery manufacturers from opening U.S. manufacturing plants, warning the industry's future is at stake.
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BOJ to hike rates to 0.75% in Dec, 1.0% by next Sept, majority of economists say- Reuters poll

BOJ to hike rates to 0.75% in Dec, 1.0% by next Sept, majority of economists say- Reuters poll

By Satoshi Sugiyama TOKYO, Dec 11 (Reuters) - The Bank of Japan will proceed with a 25-basis-point interest rate hike to 0.75% at its December meeting and raise borrowing costs to at least 1% by the end of September next year, a strong majority of economists said in a Reuters poll published on
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Trump approves sale of more advanced Nvidia computer chips used in AI to China

Trump approves sale of more advanced Nvidia computer chips used in AI to China

President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to “approved customers” in China
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Wall St futures flat as Fed decision looms, Nvidia gains

Wall St futures flat as Fed decision looms, Nvidia gains

Dec 9 (Reuters) - U.S. stock index futures were flat on Tuesday as investors remained cautious a day ahead of a long-anticipated monetary policy decision by the Federal Reserve, while Nvidia gained after the chip giant received approval to sell some of its processors to China.
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Morning Bid: Wobbling bonds find a level as Fed meets

Morning Bid: Wobbling bonds find a level as Fed meets

By Mike Dolan Dec 9 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Fed week got off to a rocky start in global markets, courtesy of bond market hits across the world, but government debt yields stabilized on Tuesday as the Federal Reserve started
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The Latest: Trump approves sale of more advanced Nvidia computer chips used in AI to China

The Latest: Trump approves sale of more advanced Nvidia computer chips used in AI to China

President Donald Trump says he'll allow Nvidia to sell an advanced type of computer chip used in the development of artificial intelligence to “approved customers” in China
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Commerce Department to Permit Nvidia H200 Chip Exports to China Amid Strategic Concerns

Commerce Department to Permit Nvidia H200 Chip Exports to China Amid Strategic Concerns

Commerce Department to Permit Nvidia H200 Chip Exports to China Amid Strategic Concerns
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President Trump Approves Sale of Nvidia AI Chips to China Amid Security Concerns

President Trump Approves Sale of Nvidia AI Chips to China Amid Security Concerns

President Trump Approves Sale of Nvidia AI Chips to China Amid Security Concerns
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US to allow Nvidia to ship H200 chips to China, Trump says

US to allow Nvidia to ship H200 chips to China, Trump says

Dec 8 (Reuters) - U.S. President Donald Trump said on Monday that he will allow Nvidia to ship its H200 chips to approved customers in China and other countries, under conditions that he said would allow for continued strong national security. The U.S.