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Firms in China rush to buy Nvidia chips as sales set to resumes
Firms in China rush to buy Nvidia chips as sales set to resumes

Irish Independent

time16-07-2025

  • Business
  • Irish Independent

Firms in China rush to buy Nvidia chips as sales set to resumes

Liam Mo, Anne Marie Roantree and Che Pan Chinese firms are scrambling to buy Nvidia's H20 artificial intelligence chips, after the company said it planned to resume sales there following a meeting between its CEO and US president Donald Trump. Nvidia's AI chips have been a key focus of US export controls, designed to keep the most advanced chips out of Chinese hands over national security concerns.

Shares of China's Xiaomi set to rise 2.3% after reporting record profit
Shares of China's Xiaomi set to rise 2.3% after reporting record profit

Yahoo

time28-05-2025

  • Business
  • Yahoo

Shares of China's Xiaomi set to rise 2.3% after reporting record profit

HONG KONG (Reuters) -Shares of China's Xiaomi were set to rise 2.3% on Wednesday after it reported a record first-quarter revenue and profit and said its shift towards higher-end products from smartphones to home appliances was already paying off. The Hong Kong-listed shares of the world's third-largest smartphone maker, whose product lines also extend to cars, were set to open at HK$52.75. (Reporting By Donny Kwok and Anne Marie Roantree; Editing by Muralikumar Anantharaman) 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

Shares of CK Hutchison climb 1% amid China criticism of Panama ports deal
Shares of CK Hutchison climb 1% amid China criticism of Panama ports deal

Yahoo

time01-04-2025

  • Business
  • Yahoo

Shares of CK Hutchison climb 1% amid China criticism of Panama ports deal

HONG KONG (Reuters) - Shares of Hong Kong conglomerate CK Hutchison climbed 1% on Tuesday ahead of a deal to sell its Panama ports to a BlackRock-led group that is due to be signed by April 2. Reuters reported on Friday that CK Hutchison had delayed part of the sale, although sources said the deal has not been called off. Pro-Beijing media have published a series of reports criticizing the deal, depicting it as a betrayal of China. (Reporting By Donny Kwok; Writing by Anne Marie Roantree; Editing by Christian Schmollinger) Sign in to access your portfolio

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