The Edge
China warns companies against using Nvidia and AMD chips, report says
Nvidia CEO Jensen Huang and U.S. Secretary of the Interior Doug Burgum attend the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters China has told companies to refrain from using Nvidia‘s H20 chips after the chipmaker recently received approval to resume shipping the less advanced artificial intelligence […]
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AMD stock slumps 7% on earnings miss, China AI chip concerns
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters Shares of Advanced Micro Devices slumped more than 7% after the chipmaker’s earnings fell short of earnings expectations and raised concerns about […]
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Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet
Nikesh Arora of the United States on the first hole during the third round of The Alfred Dunhill Links Championship at The Old Course on October 02, 2021 in St Andrews, Scotland. David Cannon | David Cannon Collection | Getty Images When Nikesh Arora was named CEO of Palo Alto Networks in June 2018, the […]
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Nvidia addresses AI chip smuggling, says bootleg data centers are a ‘losing proposition’
Nvidia said Thursday that data centers built with smuggled chips are a “losing proposition” and that it does not support unauthorized products. The statement came in response to a Financial Times report that at least $1 billion worth of its artificial intelligence chips illegally entered China. “Trying to cobble together datacenters from smuggled products is […]
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Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs
Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | […]
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CoreWeave stock climbs after company announces $1.5 billion bond sale
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, reacts during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan Mcdermid | Reuters CoreWeave stock rose more than 7% after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth […]
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Nvidia CEO Jensen Huang sells another $37 million worth of stock
NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Mustafa Yalcin | Anadolu | Getty Images Nvidia CEO Jensen […]
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AMD to resume MI308 AI chip exports to China
Lisa Su, chair and CEO of Advanced Micro Devices Inc., during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Advanced Micro Devices said Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China. The stock climbed 7% […]
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Nvidia’s Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth
Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, […]
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Oracle stock jumps after $30 billion annual cloud deal revealed in filing
Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Joe Raedle | Getty Images Oracle shares jumped more than 5% to an all-time high after a recent filing showed a cloud deal that would add more than $30 billion annually. CEO Safra Catz is expected to […]
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