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Trump Administration Bans New Chinese AI Robots and Power Inverters Over National Security Fears: 'These Devices Could Create Supply Chain Vulnerabilities'
Benzinga15d agoneutral
Trump Administration Bans New Chinese AI Robots and Power Inverters Over National Security Fears: 'These Devices Could Create Supply Chain Vulnerabilities'

The Federal Communications Commission’s latest restrictions target emerging Chinese technologies that U.S. officials say could threaten America’s AI infrastructure, critical supply chains and cybersecurity. FCC Moves to Protect US AI Infrastructure On Tuesday, the Donald Trump administration unveiled sweeping restrictions...

Bloomberg17d agobullish
Senators Warn Apple Not to Buy Memory Chips From Chinese Firms

(Bloomberg) -- A bipartisan group of US senators urged Apple Inc. to abandon any efforts to buy chips from blacklisted Chinese semiconductor suppliers CXMT Corp. and Yangtze Memory Technologies Co., warning that the iPhone maker risked becoming reliant on a US adversary for crucial components.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates Ag

Nvidia, oil and the Fed are fighting over the market
TheStreet17d agoneutral
Nvidia, oil and the Fed are fighting over the market

Central banks are good at fighting inflation they can recognize. The trouble starts when the price pressure arrives from somewhere the playbook never anticipated. For most of the past four years, the Federal Reserve has sorted rising prices into two bins. Demand inflation happens when people have ...

SK Hynix's Record Profit Misses Investors' Lofty AI Expectations
Bloomberg18d agobearish
SK Hynix's Record Profit Misses Investors' Lofty AI Expectations

(Bloomberg) -- SK Hynix Inc.'s quarterly profit rose a smaller-than expected 557%, adding to heightened fears that an AI boom that has propelled the semiconductor industry may be decelerating. Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia's $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeSpaceX Rebounds After Briefly Plunging 20% Bel

Bloomberg18d agobearish
SK Hynix’s Record Profit Misses Investors’ Lofty AI Expectations

(Bloomberg) -- SK Hynix Inc.’s quarterly profit rose a smaller-than expected 557%, adding to heightened fears that an AI boom that has propelled the semiconductor industry may be decelerating. Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeSpaceX Rebounds After Briefly Plunging 20% Bel