China’s

Nvidia says it will record $5.5 billion charge tied to H20 processors exported to China

Key Points Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 at SAP Center on March 18, 2025, in San Jose, California.Justin Sullivan | Getty Images Nvidiasaid on Tuesday that it’ll take a quarterly rate of about $5.5 billion tied to exporting H20 photos processing gadgets to China and other locations. […]

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China’s Alibaba to invest $50bn in AI, cloud computing

Firm says its strategy is aimed at “reinforcing Alibaba’s commitment to long-term technological innovation” Chinese tech giant Alibaba stated Monday it’ll spend more than $50 billion on artificial intelligence and cloud computing over the following 3 years, a week after co-founder Jack Mawas seen meeting President Xi Jinping. Since the beginning of the year, investors

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