Investing.com -- Analysts continue to expect meaningful restrictions on Nvidia’s H20 chip in China, despite a recent media report suggesting the U.S. Commerce Department may allow shipments to proceed.The H20, a performance-limited version of Nvidia’s flagship H100 GPU, was designed to comply with U.S. export controls by staying below a specific teraflop-per-square-millimeter performance ...
SEOUL (Reuters) - South Korean steelmaker POSCO (NYSE:PKX) is considering joining a project by Hyundai Steel (KS:004020) to build a $5.8 billion plant in Louisiana as the country’s steel industry tries to respond to U.S. tariffs on the sector, news reports said on Sunday.Hyundai Steel said it did not have any comment on the matter. POSCO said the company was considering various strategic opt ...
By David Lawder and Jeff MasonWASHINGTON/WEST PALM BEACH, Florida (Reuters) -U.S. President Donald Trump’s administration granted exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China, providing a big break to tech firms like Apple (NASDAQ:AAPL) that rely on imported products.China said it was evaluating the impact of the exclusions. In a ...
Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Industrial Investment, Transport and Insurance sectors led shares higher.At the close in Saudi Arabia, the Tadawul All Share gained 0.78%.The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 10.00% or 3.70 points to trade at 40.70 at t ...