Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that will give it access to some of Nvidia's chips. The five-year deal, which includes a 20% prepayment,

Nexperia cannot say when deliveries of chips from its site in Dongguan, China will resume or vouch for their quality, according to a letter to customers facing supply crunches due to a fight for control over the Dutch semiconductor group.

The tech giant said it is the first company granted an export license by the Trump administration’s Commerce Department to ship AI chips to the UAE.

Microsoft has announced it will ship Nvidia's advanced AI chips to the United Arab Emirates. The U.S. Commerce Department approved the deal in September.

U.S. Treasury Secretary Scott Bessent said on Tuesday he could envision a scenario where Nvidia's advanced Blackwell chips can be sold to China and other countries as technology evolves and better chips are made.

Mr. Proud, who became a U.S. citizen in 2019, put together a policy paper for the first Trump administration, calling for a Manhattan Project for U.S. chipmaking. “This is going to be a problem, and it’s going to get worse,” Mr. Proud said he had told administration officials.

With a big week of earnings just wrapped up, stock pickers might be feeling a bit of pain, even though the Nasdaq 100 is still just a hair shy of its all-time highs. Undoubtedly, it was a pretty choppy earnings season if you look underneath the hood,

Nvidia partners with South Korea’s government and tech giants to supply 260,000+ GPUs, fueling the nation’s $10B push to become an AI superpower.