Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA)
fell 2.3% in the afternoon session after reports surfaced that China's internet regulator banned the country's largest tech companies from purchasing the American firm's artificial intelligence (AI) chips.
Alibaba shares are trading higher Wednesday after reports indicating the company secured China Unicom as a major client for its artificial intelligence (AI) chips.
Santa Clara, CA - Advanced Micro Devices (NASDAQ: AMD) is navigating a complex geopolitical landscape, marked by impressive growth in its Data Center segment on one hand, and the intricate web of U.S. export controls on advanced AI chips to China on the other. The company reported a significant
Amazon.com, Inc. (NASDAQ: AMZN) delivered a powerhouse performance in the second quarter of 2025, significantly surpassing analyst estimates with an Earnings Per Share (EPS) of $1.68 against expectations of $1.31 to $1.33. Revenue soared by 13.3% year-over-year, hitting an impressive $167.70 billion. This robust
NVIDIA (NASDAQ: NVDA), the undisputed leader in high-performance graphics processing units (GPUs) and artificial intelligence (AI) accelerators, finds itself increasingly entangled in the escalating geopolitical rivalry between the United States and China. Recent directives from Beijing reportedly halting purchases of NVIDIA's cutting-edge AI chips by major Chinese tech firms, coupled
Santa Clara, CA – NVIDIA Corporation (NASDAQ: NVDA) has once again demonstrated its unparalleled dominance in the artificial intelligence (AI) and accelerated computing sectors, reporting a staggering Q3 FY2025 revenue of $35.1 billion. This monumental achievement represents a 94% year-over-year increase and a 17% sequential rise, significantly exceeding both company
According to a CNBC report, in a press briefing held in London, Huang also acknowledged the broader political complexities of the U.S.-China relationship.
Nvidia's China dream in jeopardy as Beijing halts custom AI chips and launches antitrust probe. Can Nvidia thrive without Chinese market? Track NVDA stock here.
According to a Financial Times report, the Cyberspace Administration of China has instructed major tech firms to halt testing and procurement of Nvidia’s RTX Pro 6000D, a chip specifically designed for the Chinese market.
Alibaba secures China Unicom as major client for AI chips amid Beijing's push for domestic alternatives. SMIC begins trial runs of advanced lithography machine.
Chinese tech stocks rallied as bets on AI lift sentiment. Alibaba, Baidu, JD, PDD, NIO, Li Auto, and XPeng stocks all rose, showing renewed confidence in China's tech and EV sectors.
In a move to bolster its semiconductor independence and compete with the U.S., China has banned its leading technology companies from procuring Nvidia Corporation (NASDAQ: NVDA)'s artificial intelligence (AI) chips.
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its offering (the “Notes Offering”) of approximately US$3.2 billion aggregate principal amount of Zero Coupon Convertible Senior Notes due 2032 (the “Notes”) to certain non-U.S. persons in offshore transactions in reliance on Regulation S under the United States Securities Act of 1933, as amended (the “Securities Act”).
The global financial landscape is currently at a critical juncture, characterized by significant divergence in monetary policies among the world's leading central banks. As major economic powers grapple with unique domestic challenges—ranging from persistent inflation and labor market shifts to stimulating growth—their independent interest rate decisions are creating
NVIDIA (NASDAQ: NVDA), the global leader in artificial intelligence (AI) chip manufacturing, finds itself at a critical juncture in China, grappling with intensified U.S. export restrictions and a retaliatory antitrust probe from Beijing. These geopolitical headwinds are significantly impacting the company's sales forecasts and casting a shadow over the
