Posted Jun 10, 2025 at 4:15 AM EDT
Huawei plays coy on AI chips.
Founder Ren Zhengfei says Huawei's Ascend chips are still 'one generation' behind US rivals like Nvidia, and that the 'US has exaggerated Huawei's capabilities — we're not that strong yet.'
If that sounds an odd line for a CEO to take, remember that fears over Huawei's AI prowess have driven a US clampdown intended to boost Nvidia in its place, and that the US and China are negotiating today over export controls and more.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNN
8 minutes ago
- CNN
Airlines offering vouchers, new flights for passengers impacted by airport delays during Army parade in DC
Passengers flying through Ronald Reagan Washington National Airport on Saturday will experience delays as the Army celebrates its 250th birthday with a parade and flyover in Washington, DC. The celebration, which coincides with President Donald Trump's birthday, will impact vehicle and airline traffic. The Federal Aviation Administration said it will issue temporary flight restrictions for the Washington area during the celebration, which begins with a parade at 6:30 p.m. and ends with fireworks at 9:45 p.m. From 6 p.m. to 10 p.m. Saturday, 65 flights are scheduled to arrive at Reagan airport in Northern Virginia and 39 are scheduled to depart, according to Cirium, an aviation analytics firm. The airport is accommodating for the military flyovers along the parade route and a fireworks display, according to its website. The FAA is working with the Department of Defense to finalize a flyover plan, which will detail the aircraft involved. 'The FAA will implement traffic management initiatives at DCA before, during, and after the event to ensure safety and will facilitate a return to normal operations once the event concludes,' the agency said in a statement. 'During the peak of the celebration, the TMI stops all arrivals and departures.' United Airlines told CNN it is offering a travel waiver for Reagan flyers and is adding two additional departures and two arrivals at Washington Dulles International Airport in Virginia as an alternative. Delta Air Lines has a fare-difference waiver for passengers who want to move their booked travel to another day. Southwest Airlines said passengers on the approximately 20 scheduled flights can anticipate some delays, but it is planning for no cancellations. There is also a travel waiver in place for Southwest flyers. Alaska Airlines' exposure is fairly limited during the celebration window, and the airline canceled one flight to San Francisco International Airport and rebooked it to Dulles. It estimates the three flights scheduled during the time frame to be delayed for an hour. The hold on airport traffic comes after the January midair collision between an American Airlines regional jet and an Army Black Hawk military helicopter. The crash, which killed 67 people, led to a ban on helicopter traffic on a four-mile stretch over the Potomac River.
Yahoo
12 minutes ago
- Yahoo
US-China talks end with plan for Trump and Xi to approve
The US and China say they have agreed in principle to a framework for de-escalating trade tensions between the world's two biggest economies. US Commerce Secretary Howard Lutnick said the deal should result in restrictions on rare earth minerals and magnets being resolved. Both sides said they would now take the plan to their country's presidents - Donald Trump and Xi Jinping - for approval. The announcement came after two days of negotiations in London between top officials from Beijing and Washington. Chinese exports of rare earth minerals, which are crucial for modern technology, were high on the agenda of the meetings. Last month, Washington and Beijing agreed a temporary truce over trade tariffs but each country has since accused the other of breaching the deal. The US has said China has been slow to release exports of rare earth metals and magnets which are essential for manufacturing everything from smartphones to electric vehicles. Meanwhile, Washington has restricted China's access to US goods such as semiconductors and other related technologies linked to artificial intelligence (AI). "We have reached a framework to implement the Geneva consensus," Lutnick told reporters. "Once the presidents approve it, we will then seek to implement it," he added. The new round of negotiations followed a phone call between Donald Trump and China's leader Xi Jinping last week which the US President described as a "very good talk". "The two sides have, in principle, reached a framework for implementing the consensus reached by the two heads of state during the phone call on June 5th and the consensus reached at the Geneva meeting," China's Vice Commerce Minister Li Chenggang said. When Trump announced sweeping tariffs on imports from a number of countries earlier this year, China was the hardest hit. Beijing responded with its own higher rates on US imports, and this triggered tit-for-tat increases that peaked at 145%. In May, talks held in Switzerland led to a temporary truce that Trump called a "total reset". It brought US tariffs on Chinese products down to 30%, while Beijing slashed levies on US imports to 10% and promised to lift barriers on critical mineral exports. It gave both sides a 90-day deadline to try to reach a trade deal. But the US and China have since claimed breaches on non-tariff pledges. US Trade Representative Jamieson Greer said China had failed to rollback restrictions on exports of rare earth magnets. Beijing said US violations of the agreement included stopping sales of computer chip design software to Chinese companies, warning against using chips made by Chinese tech giant Huawei and cancelling visas for Chinese students. Ahead of this week's talks, the Chinese Ministry of Commerce said on Saturday that it had approved some applications for rare earth export licences, although it did not provide details of which countries were involved. Trump said on Friday that Xi had agreed to restart trade in rare earth materials. US and China meet for trade talks in London Trump confirms China trip after 'very good' call with Xi China says US has 'severely violated' tariffs truce
Miami Herald
15 minutes ago
- Miami Herald
Nvidia's latest project may supercharge quantum computing
My first graphics card with an Nvidia (NVDA) chip was Elsa Erazor III, powered by Riva TNT 2, back in 1999. If you will, God or the universe has a special sense of humor. Since then, the company's roots in making graphics cards for gaming-or, as I suspect most people would see it, wasting time-have allowed it to morph into the backbone of artificial intelligence and scientific computing. (Of course, gaming wasn't a waste of time for me. I've learned a lot and became an "IT" guy because of it.) Gaming is still a big business for Nvidia, but it is not nearly as crucial to the company as it was in the past. In its Q1 fiscal 2026 earnings release, Nvidia reported gaming revenue of a record $3.8 billion, up 48% from the previous quarter and 42% from a year ago. However, that is less than 9% of the company's total revenue of $44.1 billion. Related: Elon Musk's DOGE made huge mistakes with veterans' programs Nvidia grew out of gaming, for the better, just like me. I doubt the company's all done growing. The company recently announced it is building a supercomputer in partnership with Dell for NERSC, a U.S. Department of Energy user facility. It also addressed key issues investors had regarding China restrictions, supply chain capabilities, and the AI regulations. Nvidia's founder and CEO Jensen Huang, is always looking for new business opportunities, and many of them are outside America. NVIDIA, announced on June 9th on its blog, that Huang joined the U.K. Prime Minister Sir Keir Starmer to open London Tech Week. "I make this prediction – because of AI, every industry in the UK will be a tech industry. The U.K. has one of the richest AI communities of anywhere on the planet, the deepest thinkers, the best universities, and the third largest AI capital investment of anywhere in the world," said Huang. "So the ability to build these AI supercomputers here in the U.K. will naturally attract more startups, it will naturally enable the rich ecosystem of researchers here to do their life's work," Related: Amazon's latest big bet may flop Huang also revealed that Nvidia will start an AI lab in the UK. The U.K. will invest approximately £1 billion in AI research compute by 2030, with investments commencing this year, wrote Nvidia on its blog. In December 2024, Hewlett-Packard Enterprise announced that it is building a liquid-cooled supercomputer at Germany's Leibniz Supercomputing Centre, LRZ, but it didn't reveal which Nvidia chips will power the "Blue Lion." More Nvidia: Analysts issue rare warning on Nvidia stock before key earningsAnalysts double price target of new AI stock backed by NvidiaNvidia CEO shares blunt message on China chip sales ban Nvidia's blog confirmed on June 10th that Vera Rubin will power the Blue Lion. The superchip combines the Rubin GPU and Vera CPU. Vera CPU is Nvidia's first custom CPU, built to work in lockstep with the GPU. Vera Rubin's launch is set for the second half of 2026. Nvidia also announced that the Jupiter supercomputer, powered by the company's Grace Hopper platform, is the fastest in Europe. Compared with the next-fastest system, it is more than two times faster for high-performance computing and AI workloads. This beast of a supercomputer is hosted by the Jülich Supercomputing Centre at the Forschungszentrum Jülich facility in Germany and is owned by the EuroHPC Joint Undertaking. Huang stated, "AI will supercharge scientific discovery and industrial innovation. In partnership with Jülich and Eviden, we're building Europe's most advanced AI supercomputer to enable the leading researchers, industries and institutions to expand human knowledge, accelerate breakthroughs and drive national advancement." Related: Popular cloud storage service might be oversharing your data Jupiter will soon be capable of running 1 quintillion double-precision floating-point operations per second, which will make it Europe's first exascale supercomputer. Its speed is essential for simulations, training, and inference of the largest AI models, climate modeling, quantum research, structural biology, computational engineering, and astrophysics. It is also very efficient, at 60 gigaflops per watt. "Jupiter will substantially advance quantum algorithm and hardware development. Hybrid quantum HPC-computation will profit from powerful tools such as the NVIDIA CUDA-Q platform and the NVIDIA cuQuantum software development kit." stated Kristel Michielsen, codirector of the Jülich Supercomputing Centre. Related: Veteran fund manager reboots Palantir stock price target The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
