What’s Going On With Nvidia Stock On Friday?
Nvidia (NVDA) leads AI race with advanced chips, CEO Jensen Huang to speak at Taiwan's Computex event. US restricts AI chip exports to Middle East.
Apple Supplier Luxshare Accused of Illegal Operations and Talent Poaching in Taiwan
Apple's supplier Luxshare accused of illegal activities in Taiwan. Taiwan cracking down on Chinese firms for stealing IP and talent.
OpenAI Competitor Zhipu AI Secures $400M from Saudi Arabia’s Prosperity7
Microsoft-backed OpenAI rival in China attracts $400M investment from Saudi's Prosperity7, underscoring geopolitical implications and challenges for US tech companies.
Faraday Future Stock Rebounds After 91% Crash In 8 Days; CEO Addresses ‘Misperceptions,’ Discusses ‘Overcoming Short Selling’
Faraday Future's stock rebounds 13.3% after 91% crash. CEO reassures investors about dilution & bankruptcy risks. Plans strategic update in 1-2 months.
Alibaba and Coupang Intensify E-Commerce Battle with Major Investments in South Korea
Alibaba's AliExpress has doubled its users in South Korea to 8.58 million by investing $1.1 billion in a new logistics center, facing competition from Coupang and other Chinese e-commerce platforms.
China’s ‘Decapitated’ Chip Sector Is Thrown $50B Lifeline
U.S.-China relations under Biden marked by efforts to block access to advanced chips. China investing $47.5B for self-reliance. Biden's measures aim for domestic production and block China's advances.
OpenAI’s Apple Deal Sparks Concerns In Microsoft, Could Shift AI Market Dynamics
Microsoft concerned about potential Apple-OpenAI deal as it could impact its own AI ambitions. Altman aims to replace Google as Apple's search partner.
Apple Set To Announce New AI Features At WWDC, But You Might Need At Least This iPhone To Use Them, Says Report
Apple is set to unveil its AI strategy with Siri in focus, but users might need the latest top-tier iPhone 15 models to access all these features.
What’s Going On With Former President Donald Trump Backed DJT Stock On Friday?
Trump Media & Tech Group stock falls due to Trump's 34 guilty charges of falsifying business records, but he is still eligible to run for president. Company reports loss and decrease in social media site visits.
Rivian CEO Warns Of Rocky Road Ahead As Production Revamp To Cause ‘Messy’ Q2
These upgrades are expected to increase the R1 production line rate by about 30% and incorporate cost-saving changes to the vehicle.