Nvidia Loses $5.5 Billion As China Export Rules Hammer Stocks
What happens when cutting-edge tech meets geopolitical tension? For Nvidia, it means a whopping $5.5 billion hit and a sudden plunge in stock value. The
What happens when cutting-edge tech meets geopolitical tension? For Nvidia, it means a whopping $5.5 billion hit and a sudden plunge in stock value. The
What do you get when you mix sky-high tariffs with a tech-hungry nation? Panic in Silicon Valley—and possibly $2,000 iPhones. But just before the storm
Could Elon Musk really be getting top-secret intel on a potential U.S.-China war? That’s the claim making waves in Washington—except both Musk and former President
Samsung said that they are going to cut production of memory chips after profits decreased to an all-time low. Sales fell sharply for the chip making giant, decreasing the profit by 96% amid decrease in the demand.
The tech giant is set to cut 18,000 jobs. The announcement is the most significant among recent layoffs that have impacted the US tech industry. After announcing just 8,000 layoffs in November 2022, Amazon has increased the toll to 18,000. The recent job cuts are the largest downsizing plan so far.
