Investing.com – Russia stocks were higher after the close on Saturday, as gains in the Oil & Gas, Power and Telecoms sectors led shares higher.At the close in Moscow, the MOEX Russia Index rose 2.10%.The best performers of the session on the MOEX Russia Index were NOVATEK PJSC (MCX:NVTK), which rose 5.25% or 65.60 points to trade at 1,314.60 at the close. Meanwhile, IPJSC YANDEX (MCX:YDEX) a ...
Investing.com -- The U.S. decision to tighten export controls on Nvidia’s H20 chips has introduced fresh complications for China’s AI sector, but the near-term disruption appears limited as domestic firms pivot to alternatives and deepen their investment in local ecosystems. Analysts at Bernstein say the ban may even hasten China’s shift away from reliance on American semiconductors, a ...
Investing.com -- A halt in Chinese imports of U.S. ethane, triggered by reciprocal tariffs, could lead to a sharp drop in ethane prices and strain Permian gas infrastructure, analysts at Bank of America said exploring the potential fallout.China is the world’s largest ethane importer, but current tariffs make U.S. ethane uneconomic compared to naphtha.BofA said the issue could be resolved i ...
Investing.com - The emergence of a new advanced artificial intelligence chip from Huawei could threaten U.S. semiconductor giant Nvidia (NASDAQ:NVDA) in the near term, according to analysts at Piper Sandler.Huawei is looking to begin mass shipments of its 910C AI processor to Chinese customers as early as next month, Reuters reported earlier this week. The 910C is more of an architectural evo ...