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Nvidia shares dip on WSJ report that China’s Huawei is testing new AI chip

Nvidia shares dip on WSJ report that China’s Huawei is testing new AI chip

Investing.com-- Huawei Technologies is preparing to test its most advanced artificial intelligence processor yet, in a move that could help the Chinese tech giant replace some of Nvidia’s (NASDAQ:NVDA) higher-end products, the Wall Street Journal reported on Sunday, citing people familiar with the matter.The new chip, known as the Ascend 910D, is expected to arrive in sample batches by late May, ...

2025-04-28 20:14:14
Japan’s Nintendo fans test Switch 2 ahead of launch amid tariff worries

Japan’s Nintendo fans test Switch 2 ahead of launch amid tariff worries

(This April 26 story has been refiled to remove an extraneous word in paragraph 2)CHIBA, Japan (Reuters) - Nintendo fans were given a chance to try out the company’s new Switch 2 gaming device at an event near Tokyo on Saturday, ahead of a release that some worry could be overshadowed by tariffs driving up prices."Since Mr. Trump became president tariffs have gone up so I am concerned about a pr ...

2025-04-28 20:13:15
Australia’s Alkane to acquire Canada’s Mandalay to form a $650 mln gold producer

Australia’s Alkane to acquire Canada’s Mandalay to form a $650 mln gold producer

Investing.com-- Australia’s Alkane Resources Ltd (ASX:ALK) will acquire Canada’s Mandalay Resources Corp (TSX:MND) in an all-share deal, to create a diversified mid-tier gold and antimony producer with operations in Australia and Sweden, the companies said on Monday.Under the agreement, Alkane will issue 7.875 of its shares for each Mandalay share, giving Mandalay shareholders about 55% owne ...

2025-04-28 20:12:07
Toyota Motor stock jumps on potential buyout of its supplier at $42 bln valuation

Toyota Motor stock jumps on potential buyout of its supplier at $42 bln valuation

Investing.com-- Shares of Toyota (NYSE:TM) Motor (TYO:7203) jumped on Monday after the automaker revealed it is exploring a potential buyout of its key parts supplier, Toyota Industries (OTC:TYIDF) Corp (TYO:6201).Toyota Motor Chairman Akio Toyoda has proposed a buyout of Toyota Industries, aiming to strengthen his control over Japan’s largest business empire, Bloomberg reported on Friday, cit ...

2025-04-28 20:10:57