News Center - NorthAxis Wealth

Exclusive-Huawei readies new AI chip for mass shipment as China seeks Nvidia alternatives, sources say

By Fanny Potkin and Che PanSINGAPORE/BEIJING (Reuters) - Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said. Some shipments have already been made, they added.The timing is fortuitous for Chinese AI companies which have been left scrambling for domestic altern ...

2025-04-21 22:55:11

Exclusive-US investor Cameron offers $5 billion for Kazakh mining giant ERG, letter shows

By Gleb BryanskiMOSCOW (Reuters) -U.S. businessman James Cameron has offered to buy mining giant Eurasian Resources Group for $5 billion, a letter he sent to its board showed, as the company prepares to participate in a major expansion of Kazakhstan’s rare earths output.ERG, a Luxembourg-based producer of copper, cobalt, aluminium, and iron ore that is 40%-owned by the Kazakh government, said la ...

2025-04-21 22:53:44

Huawei set to mass ship 910C AI chip to Chinese customers

Investing.com -- Huawei Technologies is preparing to start mass shipments of its advanced 910C artificial intelligence (AI) chip to clients in China as early as next month, according a Reuters report on Monday. Some shipments of the chip have already been dispatched.This development comes at a convenient time for Chinese AI firms, which have been seeking domestic alternatives to the H20, the main ...

2025-04-21 22:51:29

LG, Samsung sue Indian government over e-waste policy

Investing.com -- South Korean electronics giants LG and Samsung (KS:005930) have taken legal action against the Indian government over a policy that boosts compensation to electronic-waste recyclers. The information was made available through recent court documents. The companies join a growing list of international corporations challenging India’s environmental regulations due to their potentia ...

2025-04-21 22:49:46