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Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO

Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO

By Wen-Yee Lee TAIPEI, May 27 (Reuters) - Nvidia's CEO said on Wednesday the chip company plans to invest around $150 billion a year in Taiwan, terming it the "epicentre" of the AI revolution and predicting it will be the world's tech manufacturing hub for a long time.

Nvidia sends blunt message on China AI chip demand

Nvidia sends blunt message on China AI chip demand

Nvidia (NVDA) is suffering from a China problem. However, it has a China opportunity as well. CEO Jensen Huangsaid the company’s prediction of a $200 billion central processing unit market includes China, showing that Nvidia still anticipates strong long-term demand in one of the world’s most ...

Nvidia CEO Jensen Huang delivers sharp message to major customer

Nvidia CEO Jensen Huang delivers sharp message to major customer

Nvidia (NVDA) Chief Executive Officer Jensen Huang has publicly called on Super Micro Computer (SMCI) to strengthen its compliance efforts after Taiwanese authorities detained three people accused of making fraudulent declarations tied to AI servers containing Nvidia chips. According to a Bloomberg ...

Morning Bid: Markets cheer, central banks warn

Morning Bid: Markets cheer, central banks warn

A look at the day ahead in European and global markets from Rocky Swift While markets appear to be looking past the Middle East crisis and the havoc it has wreaked on energy supplies, central bankers are signalling that the inflationary damage is already done.

S&P 500 forecast to end year slightly higher even as war drags on: Reuters Poll

S&P 500 forecast to end year slightly higher even as war drags on: Reuters Poll

By Caroline Valetkevitch NEW YORK, May 27 (Reuters) - The benchmark Standard & Poor's 500 index will end 2026 slightly higher than its current record levels, according to a Reuters poll of stock market forecasters, who pointed to risks from higher energy prices and inflation if the Middle East war

Qualcomm strikes AI chip deal with TikTok owner ByteDance, Bloomberg News reports

Qualcomm strikes AI chip deal with TikTok owner ByteDance, Bloomberg News reports

May 26 (Reuters) - Qualcomm reached a deal with TikTok owner ByteDance to supply chips for AI data centers, Bloomberg News reported on Tuesday, citing people familiar with the matter. Shares of the smartphone chip designer rose nearly 5%.

Taiwan Semiconductor Manufacturing Sees Stock Surge Amid AI Demand

Taiwan Semiconductor Manufacturing Sees Stock Surge Amid AI Demand

Taiwan Semiconductor Manufacturing Sees Stock Surge Amid AI Demand

Mobilint Approaches Mass Production of Regulus NPU, Targets AI Market Expansion

Mobilint Approaches Mass Production of Regulus NPU, Targets AI Market Expansion

Mobilint Approaches Mass Production of Regulus NPU, Targets AI Market Expansion

Micron joins $1 trillion club as AI race powers memory chip boom

Micron joins $1 trillion club as AI race powers memory chip boom

May 26 (Reuters) - Micron Technology topped $1 trillion in market value for the first time on Tuesday, crowning a dizzying rally that has cemented the largest U.S. memory chipmaker as one of the standout winners of the AI boom.

Mobilint Advances Towards Mass Production of Regulus NPU, Targeting AI Market Expansion

Mobilint Advances Towards Mass Production of Regulus NPU, Targeting AI Market Expansion

Mobilint Advances Towards Mass Production of Regulus NPU, Targeting AI Market Expansion

NVIDIA and AMD CEOs Arrive in Taiwan for Computex 2026 to Unveil Next-Gen Technologies

NVIDIA and AMD CEOs Arrive in Taiwan for Computex 2026 to Unveil Next-Gen Technologies

NVIDIA and AMD CEOs Arrive in Taiwan for Computex 2026 to Unveil Next-Gen Technologies

AI Boom Reshapes Global Stock Market, Elevates Taiwan and South Korea

AI Boom Reshapes Global Stock Market, Elevates Taiwan and South Korea

AI Boom Reshapes Global Stock Market, Elevates Taiwan and South Korea