China’s

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

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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

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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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