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Nvidia to release trio of chips for China: Report

11/09/2023 23:15
report
Nvidia to release trio of chips for China: Report

Nvidia (NVDA) shares climbed after reports that the chipmaker plans to release three new chips specifically for China. This follows Nvidia announcing last month that new export restrictions may prevent it from selling its top AI chips in China. These alternative processors aim to comply with regulations. Yahoo Finance's Tech Editor Dan Howley discusses the report and why China is such an important market for Nvidia. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • The Wall Street Journal

    How Is WeWork Co-Founder Adam Neumann Doing?

    WeWork's co-founder and former chief executive exited four years ago as a billionaire. As WeWork slogs through bankruptcy, there's a further twist in the tale, The Wall Street Journal's Eliot Brown reports.

  • TipRanks

    Insiders Pour $1 Million Each Into These 2 Stocks⁠ — ⁠Here’s Why You Might Want to Follow Their Footsteps

    Every investor wants to find the best stocks to fill up a profitable portfolio – but with the voluminous data generated by millions of trades in thousands of stocks every day, finding the best stocks is something of a challenge. It’s a challenge that investors can meet, however, by following the corporate insiders. These insiders are the top officers of their companies, C-suite officers like CEOs and CFOs and COOs, along with members of the Boards of the Directors. Their positions give them a cl

  • Barrons.com

    Sell Tesla Stock, Says Analyst. It Can Drop 34%.

    Tesla stock picked up a new bearish rating, and it had an impact in early trading. Thursday, according to ratings-aggregation services, HSBC launched coverage of Tesla stock (ticker: TSLA) with the equivalent of a Sell rating and $146 price target, down about 34% from recent levels. HSBC didn’t immediately respond to a request for a copy of its report.

  • SmartAsset

    ‘Upstream Gifting' Can Help You Avoid Estate Taxes and Preserve Your Stepped-Up Basis

    Estate planning usually involves determining how to pass assets on to younger generations. But instead of leaving a piece of real estate, bank account or burgeoning stock portfolio to your children, the smarter tax move might be to leave those assets to your parents. That's the crux of a clever tax minimization strategy known as […] The post ‘Upstream Gifting’ Can Help You Avoid Estate Taxes and Preserve Your Stepped-Up Basis appeared first on SmartReads by SmartAsset.

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