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China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shanghai Stock Exchange filing (Reuters)

Reuters : China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shan...

19 December 2024

Sources: the US' proposed AI chip rules would block adversaries entirely, and give others quotas based on their US alignment, threatening Nvidia's expansion (New York Times)

New York Times:
Sources: the US' proposed AI chip rules would block adversaries entirely, and give others quotas based on their US alignment, threatening Nvidia's expansion  —  The chipmaker expects more than $10 billion in foreign sales this year, but the Biden administration is advancing rules that could curb that growth.

Posted from: this blog via Microsoft Power Automate.

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