All articles tagged with #chip battle
Despite US export restrictions, Huawei's Ascend 910B has emerged as a potential rival to Nvidia's A100 data center GPUs in the artificial intelligence chip battle, marking a significant development in the industry.
The Nasdaq, S&P, and Dow opened lower as tech stocks faced pressure amid an escalating chip battle between the US and China. China retaliated against US chip curbs by announcing export restrictions on gallium and germanium, both used in chipmaking. The 10-year Treasury yield rose, while the 2-year yield fell. Data releases, including the jobs report and ISM services index, will be closely watched, along with the latest Fed minutes, which may shed light on internal politics at the Fed.