Nvidia, China
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VW Group China boss Ralf Brandstätter says he's willing to sacrifice market share during the price war to protect the equity of his company's car brands.
Nvidia 's ( NVDA 0.37%) business has been going strong over the past few years thanks to its dominance in the global artificial intelligence (AI) chip market. The company designs the most powerful AI chips on the market,
As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas outside of China and the United States.
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HONG KONG, - Chinese shares edged up on Thursday, buoyed by regulatory support for the auto sector and renewed optimism in AI-related stocks, while Citi upgraded China equities, citing improved earnings trends and structural growth themes.
Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.
China’s corporate earnings growth likely slowed or was stagnant in the second quarter as the US ratcheted up trade tariffs, signaling that the latest results season may not offer much in terms of good news for stock investors.
Asian equities retreated following yesterday’s strong gains as Vietnam outperformed and the Philippines lagged behind.