Wedbush analysts slashed their AMD price target to $115 from $150, while maintaining an outperform rating on the shares.

Nvidia misses $12B chip delivery target for ByteDance, Alibaba, and Tencent due to US export curbs on H20 AI processors.

China has lots of coal but it does not have a lot of GPUs or other kinds of tensor and vector math accelerators appropriate ...

Tan recently restructured the leadership ranks at the company. He promoted networking chip chief Sachin Katti to chief ...

Flytek on Monday boasted that its Xinghuo X1 reasoning model had matched OpenAI o1 and DeepSeek R1 in overall performance.

Analysts said Washington's tariffs and tightened chip restrictions will motivate Chinese companies to double down on research and development to achieve tech breakthroughs and even build semiconductor ...

Chinas leading tech firms, including ByteDance, Alibaba (HK:9988), and Tencent (HK:0700), have reportedly stockpiled close to ...

The H20 export ban will impact Nvidia's sales in China, which accounted for 13% of its $130.5 billion in total revenue for the last fiscal year. However, sales won't stop entirely, as Nvidia sells ...

Huawei is reportedly set to begin mass shipments of its next-gen AI chip, the Ascend 910C, as early as May 2025. Positioned ...

The U.S.'s policy goals may not be coherent, while China's own chip efforts and distributed AI training grow more capable.

This offers a viable alternative for enterprises operating in or sourcing from China, especially amid tightening US export ...

US export restrictions are expected to accelerate China's push for self-reliance, including efforts to shift the chip supply ...