Related News

Quantum computing background concept. Blackdovfx | E+ | Getty Images The rally in quantum computing names continued on Monday after JPMorgan Chase announced it as one of the areas it

A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images Chip stocks bounced on Monday, clawing back

Jaque Silva | Nurphoto | Getty Images Charlie Kawwas, president of the semiconductor solutions group at Broadcom, on Monday suggested that OpenAI is not the mystery $10 billion customer that

Isro opens XPoSat observatory to Indian scientists BENGALURU: Isro on Monday announced the first Announcement of Opportunity (AO) cycle for its X-ray Polarimeter Satellite (XPoSat), inviting Indian scientists and researchers

A Xiaomi electric car SU7 in a store in Yichang, Hubei Province, China on July 19, 2025. Cfoto | Future Publishing | Getty Images Chinese tech giant Xiaomi saw its

For the first time in history, scientists have captured an image of two black holes orbiting each other, confirming a long-held astronomical theory. Researchers from the University of Turku in

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Speaker Johnson says China is straining U.S. relations with Nvidia chip ban

Word Count: 251 | Estimated Reading Time: 2 minutes


U.S. House Speaker Mike Johnson (R-LA) speaks with reporters outside his office in the U.S. Capitol in Washington, D.C., U.S., Sept. 11, 2025.

Jonathan Ernst | Reuters

Republican House Speaker Mike Johnson called China an “adversary” of the U.S. on Wednesday after a report that the country has told tech companies to stop buying Nvidia‘s artificial intelligence chips.

The Cyberspace Administration of China ordered companies to halt purchases of Nvidia’s RTX Pro 6000D, a chip that was made for the country, the FT reported, citing people familiar with the matter.

“We can only be in service of a market if a country wants us to be,” Nvidia CEO Jensen Huang said at a press conference in response to the ban on the company’s chips. “I’m disappointed with what I see but they have larger agendas to work out between China and the United States.”

Last month, the White House reached a deal with Nvidia and competitor Advanced Micro Devices to obtain the export licenses to restart certain chip sales to China. As part of the deal, both companies agreed to pay 15% of the sales to the U.S. government.

Earlier this year, the Trump administration told Nvidia that it would require a license to sell its China-designed H20 processors in the world’s second-largest economy. The company previously created the chip to circumvent prior restrictions on AI chip exports instituted under the Biden administration due to national security concerns.

This is breaking news. Please refresh for updates.



Source link

Most Popular Articles