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HPE to sell 30% stake in H3C for US$2 1B; amends China joint venture deal

Hewlett Packard Enterprise will sell 30 percent of its shares of H3C to Chinese IT provider Unisplendour for approximately US$2.1 billion, HPE said in a.

United statesUnisplendour corpHewlett packardExchange commissionTsinghua holdingsHewlett packard enterprise

HPE To Sell 30 Percent Stake In H3C For $2 1B; Amends China Joint Venture Deal

HPE To Sell 30 Percent Stake In H3C For $2 1B; Amends China Joint Venture Deal
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United statesTsinghua holdingsHewlett packardExchange commissionUnisplendour corpAmends china joint venturePackard enterprise

Nvidia Warns of Product Snags From Tightening US Chip Rules

(Bloomberg) Nvidia Corp. suffered its worst stock decline in more than two months after the Biden administration stepped up efforts to keep advanced chips out of China, a campaign that includes restricting the company’s sale of processors designed specifically for the Chinese market.Most Read from BloombergHospital Blast Kills Hundreds as Israel, Hamas Trade BlameBiden Sees ‘Other Team’ and Not Israel Behind Hospital BlastIsrael Latest: Biden to Visit as Oil Climbs After Hospital BlastTreasur

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Nvidia warns of product snags from tightening US chip rules

The latest regulations, announced Tuesday, also limit exports to two Chinese artificial intelligence chip firms that are seen as rivals to US-based Nvidia.

United arab emiratesUnited statesRepublic ofSaudi arabiaNoord hollandNew yorkGina raimondoKunjan sobhaniGrace hopperRene haasSanta claraMorgan stanleyMoore threads intelligent technology beijing coCommerce departmentLenovo groupShanghai biren intelligent technology co

Nvidia Leads Selloff After Report of More US AI Chip Curbs

(Bloomberg) Nvidia Corp. led declines in tech stocks after a report Washington could close loopholes in the sale to China of powerful chips used to train artificial intelligence, potentially denting sales in the world’s top semiconductor market.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearl

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