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Nvidia Slams AI Chip Smuggling: Warns Bootleg Data Centers in China Are a Risky Gamble

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Nvidia issued a strong warning on Thursday about the use of unauthorized AI chips in underground data centers, calling the practice both technically flawed and economically unsustainable. The statement followed a recent investigative report alleging that over $1 billion worth of Nvidia’s high-performance chips have been illicitly funneled into China. “Building data centers using smuggled […]

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Intel Tops Revenue Estimates but Slashes Chip Factory Plans as CEO Declares: “No More Blank Checks”

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Intel delivered better-than-expected revenue results in the second quarter, but its stock dipped 5% in after-hours trading as CEO Lip-Bu Tan revealed deep cuts to the company’s chip manufacturing investments. The semiconductor giant reported $12.86 billion in revenue, surpassing the forecast of $11.92 billion. Adjusted earnings showed a loss of 10 cents per share. For […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

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Advanced Micro Devices (AMD) announced on Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China, sending its stock up more than 6% following the announcement. The company stated that the U.S. Department of Commerce has begun reviewing license applications again, allowing AMD to move forward with exports once approval […]

Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions