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Nvidia has begun sampling two new AI chips for China market, says CEO

Nvidia has begun sampling two new AI chips for China market, says CEO
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

China calls on central state-owned firms to take larger role in AI development

The China state asset regulator said central government-owned enterprises should play a larger role in promoting artificial intelligence development in China. Zhang Yuzhuo, party chief.

LG Display draws interest in China plant sale - newspaper

Around four parties have shown interest in buying South Korean display panel maker LG Display s Guangzhou, China plant including Chinese rivals BOE and CSOT, a South Korean newspaper reported on.

China s top chipmaker SMIC cautious on recovery expectations; shares dip

China s largest chipmaker SMIC said the global semiconductor industry was seeing some bright spots after a year-long slump, but growth would be mild as the demand recovery was insufficient to.

China s top chipmaker SMIC reports a 55% fall in quarterly net profit

China's largest chipmaker Semiconductor Manufacturing International Corp (SMIC) on Tuesday reported a 55% fall in fourth-quarter profit, missing analyst expectations as it cited weak global demand and fierce industry competition. Unaudited profit attributable to owners of the company during the quarter came in at $174.68 million, down from $385.53 million in the quarter and missing the consensus estimate of $277 million, according to the LSEG poll of analysts. Revenue for the quarter rose 3.5% to $1.68 billion, slightly above the consensus revenue estimate of 1.66 billion yuan in the poll.

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