(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end products of U.S. chip giant Nvidia (NASDAQ:NVDA), the Wall Street Journal reported on Sunday.Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D, the report said, ...
By Maki Shiraki and Makiko YamazakiTOKYO (Reuters) -Toyota Motor said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries (OTC:TYIDF) - a buyout that reportedly could cost $42 billion."We are currently exploring various possibilities, including partial investment," the automaker said in a filing with the Tokyo stock exchange on Saturday foll ...
Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Insurance, Technology and Oil & Gas sectors led shares higher.At the close in Tel Aviv, the TA 35 added 0.18% to hit a new 1-month high.The best performers of the session on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which rose 3.29% or 172.00 points to trade at 5,399.00 at the close. Mea ...
Investing.com-- Lynas Rare Earths Ltd (ASX:LYC) posted a nearly 22% rise in its third quarter revenue on Monday, as the Australian rare earths miner benefited from increased selling prices amid supply ructions in China. Lynas (F:LYI) posted gross revenue of A$123.0 million ($78.6 million) for the three months to March 31, up from A$101.2 million last year. The company said it is p ...