Sources: China approved its first batch of Nvidia H200 imports, covering 400K+ chips for ByteDance, Alibaba, and Tencent, during Jensen Huang's visit to China
China has approved its first batch of Nvidia's H200 artificial intelligence chips for import, two people familiar with the matter told Reuters …
Chinese AI chipmaker MetaX's shares jumped as much as 755% in its Shanghai debut, after a heavily oversubscribed ~$585.8M IPO, pushing its market cap past ~$42B
All you need to know about the Chinese chipmaker Reuters : MetaX shares surge 700% on debut as China's AI chip push gathers speed Namrata Sen / Benzinga : Chinese GPU Maker MetaX Shares Surge Over 600...
Docs: Meta projected in December 2024 that 10.1% of its 2024 revenue, or $16B, came from ads for scams and banned goods, including ~$7B from “higher risk” ads
Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, documents seen by Reuters show.
Foxconn's AI server business surged 60%+ YoY in Q2, surpassing revenue from Apple-related products for the first time, and is projected to grow 170%+ YoY in Q3
Update Reuters : AI demand propels electronics giant Foxconn's second-quarter profit Grace Priscilla Teo / Tech in Asia : Foxconn Q2 profit jumps 27% on booming AI server demand Kathrin Hille / Financ...
SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B, vs. ~$14.9B est., operating profit up 68% to ~$6.7B, vs. ~$6.5B est., expects sustained HBM demand in 2025
2nd Update Evertiq AB : SK Hynix reports record jump in profit as demand for AI chips soars Jo He-rim / THE INVESTOR : SK hynix posts record quarterly profit on AI chip boom Chris Mellor / Blocks and ...
ASML CEO Christophe Fouquet says “while we still prepare for growth in 2026, we cannot confirm it”, after Trump threatened 30% tariffs on the EU; ASML falls 9%+
3rd Update Mauro Orru / Morningstar, Inc. : ASML Narrows Guidance Amid Tariff Uncertainty, Warns On 2026 Growth RTÉ : ASML warns it may not achieve growth in 2026 Prashant Rao / Semafor : Trump threat...
Reuters 2025 Digital News Report: in a first, Americans' top news source is social media, at 54%, overtaking TV, at 50%, and news websites and apps, at 48%
Plus: The pivot to video is really happening, digital subscriptions may have peaked, and other findings from RISJ's 2025 Digital News Report.
Malaysia, which has secured billions in AI and cloud infrastructure investments over the past year, launches a national AI office for policy and regulation
Ashley Tang / Reuters :
Sources: in recent months, Nvidia has asked its suppliers to change the design of server racks for Blackwell GPUs several times to overcome overheating problems
PowerEdge XE9712 servers are enterprise-ready Kate Irwin / PCMag : Nvidia's Delayed Blackwell AI Chips Overheating in Servers Matthew Gooding / DatacenterDynamics : Nvidia redesigns 72-GPU AI server r...
Huawei's $2,800 Mate XT trifold phone goes on sale in China, amid analysts' supply concerns; IDC: preorders surpassed 6.5M, versus ~3.9M foldables shipped in Q2
David Kirton / Reuters :