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Tag: US-China Trade

Nvidia, AMD Resume China AI Chip Sales Amid Critical Rare-Earth Trade Talks

Nvidia, AMD Resume China AI Chip Sales Amid Critical Rare-Earth Trade Talks

Nvidia, AMD Resume China AI Chip Sales Amid Critical Rare-Earth Trade Talks Nvidia and AMD are reportedly resuming sales of their advanced AI chips to China, a significant policy shift directly linked to ongoing U.S.-China negotiations over rare-earth elements. U.S. Commerce Secretary Howard Lutnick confirmed on Tuesday that Nvidia is filing an application to restart H20 AI chip sales to China, with AMD also planning to reintroduce its MI308 AI chip to the market. This development follows Nvidia’s earlier intention…

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Nvidia Secures Key US Approval for H20 AI Chip Sales in China Amidst Trade Tensions

Nvidia Secures Key US Approval for H20 AI Chip Sales in China Amidst Trade Tensions

Nvidia Secures Key US Approval for H20 AI Chip Sales in China Amidst Trade Tensions Nvidia CEO Jensen Huang announced this week that the technology giant has secured approval from the Trump administration to sell its advanced H20 artificial intelligence computer chips to China. The breakthrough news, initially shared via a company blog post late Monday and confirmed by Huang’s remarks in Beijing, signals a significant development in the ongoing US-China tech rivalry. Huang, currently in Beijing for a supply…

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Mexican Firm Reports Business Surge Thanks to Trump Tariffs

Mexican Firm Reports Business Surge Thanks to Trump Tariffs

Mexican Firm Reports Business Surge Thanks to Trump Tariffs A small manufacturing company operating in northern Mexico is experiencing a significant boost in its business, directly attributing its recent success to President Trump’s implemented tariffs. Previously facing intense competition from Chinese imports, the company has found new opportunities and increased market share in the wake of the tariff policies. This case highlights an unexpected positive ripple effect of the renewed tariff strategy, demonstrating how specific businesses can benefit from shifts…

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US Stock Markets Hit Record Highs Amid Trade Deal Optimism, Tech Surge

US Stock Markets Hit Record Highs Amid Trade Deal Optimism, Tech Surge

US Stock Markets Hit Record Highs Amid Trade Deal Optimism, Tech Surge The S&P 500 and Nasdaq Composite indices both reached unprecedented highs on Friday, signaling a strong close to the trading week. The tech-heavy Nasdaq was particularly buoyed by stellar performances from industry giants Nvidia and Microsoft, both of which also achieved all-time record valuations. Market sentiment received a significant boost from positive developments on the trade front. China announced the finalization of its trade deal with the United…

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U.S. and China Confirm Trade Framework Details, Easing Tech and Rare Earth Restrictions

U.S. and China Confirm Trade Framework Details, Easing Tech and Rare Earth Restrictions

U.S. and China Confirm Trade Framework Details, Easing Tech and Rare Earth Restrictions Beijing has announced that the United States and China have finalized details of a comprehensive trade framework aimed at facilitating rare earth exports and alleviating technology restrictions. China’s Ministry of Commerce released a statement Friday afternoon, confirming the agreement. According to a ministry spokesperson, China is set to review and approve export applications for items subject to control rules, while the U.S. will simultaneously rescind a range…

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Trump Extends TikTok’s Deadline Again: What’s the Deal?

Trump Extends TikTok’s Deadline Again: What’s the Deal?

Trump Extends TikTok’s Deadline Again: What’s the Deal? Hey friend, remember all the TikTok drama last year? Well, it’s still going on. Turns out, Trump’s just given TikTok another 90-day extension to finalize a deal with a US company. This is the *third* extension, pushing back the original deadline for a sale or nationwide ban. Remember, Congress passed a law last year (signed by Biden) giving TikTok’s parent company, ByteDance (a Chinese company), nine months to sell or face the…

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Nvidia Stock Soars on Trade Hopes, Eyeing $150 Amidst China Market Potential

Nvidia Stock Soars on Trade Hopes, Eyeing $150 Amidst China Market Potential

Nvidia Stock Soars on Trade Hopes, Eyeing $150 Amidst China Market Potential Nvidia’s stock price has surged 3.8% over the past five days, reaching $142.25 in pre-market trading Wednesday. This upward trend follows last week’s better-than-expected earnings report and growing optimism surrounding potential easing of US export restrictions. The positive momentum is fueled by renewed hope for US-China trade talks. Reports indicate that direct conversations between Presidents Trump and Xi are underway, focusing on easing restrictions on advanced AI GPU…

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Trump Announces Breakthrough Deal with China on Rare Earths, Averting Further Trade War Escalation

Trump Announces Breakthrough Deal with China on Rare Earths, Averting Further Trade War Escalation

Trump Announces Breakthrough Deal with China on Rare Earths, Averting Further Trade War Escalation In a dramatic turn, President Donald Trump announced a significant agreement with China regarding rare earth minerals and magnets, potentially easing trade tensions between the two economic giants. The deal, he declared on Truth Social, is “done,” pending final approval from himself and President Xi Jinping. This announcement follows two days of intense negotiations in London, aiming to resolve disputes that arose after a May truce….

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Wall Street’s Upbeat Monday: China Talks, Tech Updates, and a Bitcoin Boost

Wall Street’s Upbeat Monday: China Talks, Tech Updates, and a Bitcoin Boost

Wall Street’s Upbeat Monday: China Talks, Tech Updates, and a Bitcoin Boost Hey friend, so the stock market had a pretty good Monday, and I wanted to give you the lowdown. Things are looking relatively positive, fueled by a couple of key developments. First up, US-China trade talks in London seem to be going better than expected. President Trump even gave a thumbs-up, saying things are “going well,” though he also acknowledged that negotiations with China are never easy. This…

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