Tag: chip

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Crypto Exchanges

Ex-OpenAI researcher hedge fund bets against AI chip stocks

Situational Awareness, a hedge fund specializing in artificial intelligence that was established by Leopold Aschenbrenner, a previous employee of OpenAI, is seeking to...
Crypto Exchanges

Nvidia pitches new Vera chip to China in latest attempt to re-enter market

Last October, Nvidia’s CEO Jensen Huang admitted that its market share in China had fallen to effectively zero. However, it seems Nvidia is...
Crypto Exchanges

ASML (ASML) Stock; Slips as US Moves to Tighten China Chip Controls

TLDRs; US lawmakers propose MATCH Act tightening global chip tool exports, increasing pressure on ASML’s China-linked sales outlook. ASML shares slip as investors weigh...
Crypto Exchanges

Foxconn Q3 earnings jump 17% to $66.2 billion amid rising Nvidia chip demand

China’s Hon Hai (known globally as Foxconn) reported a massive earnings beat for the third quarter on Wednesday, pulling in $66.2 billion in...
Crypto Exchanges

Bitcoin: Could Microsoft’s quantum chip affect BTC reserve plans?

Journalist Posted: February 22, 2025 Utah’s Bitcoin reserve bill has progressed to the second Senate reading.  Microsoft’s quantum chip timeline of 2027-2029 could put BTC at...