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Nvidia working on new AI chip for China: sources
STORY: Nvidia is developing a new AI chip for China. That's according to two sources, who said the U.S. tech giant will base the chips on its latest Blackwell architecture. They said it will also be more powerful than the H20 model Nvidia's currently allowed to sell there. U.S. President Donald Trump last week implied the firm might be permitted to sell more advanced chips in China. But the sources noted U.S. regulatory approval isn't guaranteed. They say Washington has strong concerns about giving China too much access to U.S. AI technology. The sources said the new chip is currently known as the B30A, and its specifications aren't completely finalized. They added Nvidia hopes to deliver samples to Chinese clients for testing as early as next month. Nvidia said in a statement: "we evaluate a variety of products for our roadmap, so that we can be prepared to compete to the extent that governments allow." The U.S. Department of Commerce did not respond to a Reuters request for comment. Related Videos Why China's New Export Terminal in Brazil Is a Threat to U.S. Farmers Sea, Meta, Coreweave, Cava: Trending Stocks Long-time Nvidia Bull Shrugs Off China H20 Chip Concerns Yext, Duolingo, Applied Digital: Trending Tickers China generated 13% of Nvidia's revenue in the past financial year. The company only received permission in July to resume sales of the H20 after it was ordered to stop in April. The chip was developed specifically for China after export restrictions were put in place two years ago. Trump said last week he might allow Nvidia to sell a scaled-down version of its next-generation chip in China. That's after he announced an unprecedented deal that will see Nvidia and rival AMD give the U.S. government 15% of revenue from sales of some advanced chips in China. Effettua l'accesso per consultare il tuo portafoglio
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Bitcoin To $200,000 Is Bernstein's 'Highest Conviction,' But Solana, Ethereum Will Outperform Elsewhere
Brokerage firm Bernstein on Tuesday reaffirmed its most bullish outlook on digital assets, projecting Bitcoin (CRYPTO: BTC) to reach $200,000 while identifying Solana (CRYPTO: SOL) and Ethereum (CRYPTO: ETH) as the altcoins most likely to lead the next cycle. What Happened: The firm said, "Our highest conviction view remains Bitcoin at $200k this cycle," adding that Ethereum and Solana "are set to outperform, leading innovation and adoption in decentralized applications." Bernstein's conviction extends beyond tokens to publicly traded crypto-exposed equities and infrastructure. Analysts expressed strong support for Robinhood (NASDAQ:HOOD), Coinbase (NASDAQ:COIN), and Circle (NSYE: CRCL), viewing them as beneficiaries of growing institutional participation and mainstream adoption. The note emphasized that regulated exchanges and payment platforms are positioned to capture significant inflows as investors look for compliant access points to digital assets. The firm highlighted Robinhood's growth in crypto trading volumes as a sign of retail re-engagement, particularly after spot Bitcoin ETFs have drawn broader market attention. Coinbase was flagged as a central player in U.S. institutional custody and trading infrastructure, while Circle's USDC stablecoin was cited as a core piece of global crypto payments. Also Read: Why It Matters: Bernstein stressed that Bitcoin remains the anchor of the ecosystem but argued that Solana and Ethereum now reflect deeper structural momentum. Ethereum's scaling roadmap and Solana's growing developer traction, according to the analysts, demonstrate why both assets are "likely to take leadership roles" in the cycle rather than smaller, speculative tokens. The analysts also underlined that traditional market structures are beginning to converge with crypto-native platforms. Institutions, they said, are increasingly treating Bitcoin as a treasury asset while also allocating capital to projects building scalable, real-world applications on Ethereum and Solana. "The path to $200k for Bitcoin is also the path to altcoin leadership by ETH and SOL," Bernstein wrote. Bernstein concluded that the mix of strong Bitcoin conviction, advancing altcoin ecosystems, and listed equities such as HOOD and COIN provides a diversified thesis for investors seeking exposure in this cycle. Read Next: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Bitcoin To $200,000 Is Bernstein's 'Highest Conviction,' But Solana, Ethereum Will Outperform Elsewhere originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Accenture acquires The Highlands Consulting Group
Accenture has acquired The Highlands Consulting Group, a management consulting firm with expertise in healthcare, transportation, social services, and environmental solutions. Details regarding the financial aspects of the acquisition have not been made public. This acquisition is expected to bolster Accenture's capabilities, particularly within California. Founded in 2002 and based in Sacramento, California, Highlands Consulting has a team experienced in strategic business and digital planning, as well as organisational and process change, and IT planning and analysis. Its expertise in sectors such as health and human services, transportation, and organisational change management is said to enhance Accenture's ability to support clients' long-term growth objectives. Highlands Consulting president Mike Cappelluti said: 'This deal is a natural fit for both organisations. We are joining forces to deliver even more value to our clients. 'Accenture's scale and resources will enable us to expand our services and capabilities, while our local expertise and long-standing client relationships will provide a solid foundation for Accenture's growth in the State of California.' Accenture stated that this acquisition supports its strategic objectives to improve service offerings in key sectors. Accenture global health and public services industry practices chair Ryan Oakes said: 'Highlands Consulting's strong relationships and credentials with state agencies will help us better serve our clients and unlock new opportunities for reinvention that drives growth and innovation. 'We are confident that this acquisition will deliver greater outcomes for our clients in the State of California and beyond.' Recently, Accenture announced its acquisition of CyberCX, a privately-owned cybersecurity services provider operating in Australia, New Zealand, and beyond. Established in Melbourne in 2019, CyberCX is one of the key cybersecurity firms in the Asia Pacific, employing approximately 1,400 professionals. "Accenture acquires The Highlands Consulting Group" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
