International Business News: Baidu ordered artificial intelligence chips from Huawei this year, two people familiar with the matter said, adding to signs that US pressure is promp
The optimism over AI chip sales helped ease worries about a disappointing fourth-quarter forecast and put it on course for market value gains of about $10 billion, based on the $104 share price.
The rules, described by senior administration officials in a press briefing on Monday evening, restrict a broader swathe of advanced chips and chipmaking tools to a greater number of countries including Iran and Russia, and blacklist Chinese chip designers Moore Thread and Biren.