Nvidia Faces $5.5 Billion Setback Amid New Licensing Rules in China

Nvidia Faces $5.5 Billion Setback Amid New Licensing Rules in China

Nvidia, a dominant player in the global chip industry, has taken a financial hit of approximately $5.5 billion due to recently imposed licensing fees and regulatory hurdles in China, one of its most lucrative markets. This development has sent ripples through the tech sector and raised fresh concerns about the long-term outlook for U.S. semiconductor […]

Gold Soars Beyond $3,400 Amid Escalating U.S.-China Trade Tensions and Weakening Dollar

Gold Soars Beyond $3,400 Amid Escalating U.S.-China Trade Tensions and Weakening Dollar

Gold prices surged past $3,400 per ounce on Monday, reaching unprecedented levels. This surge is attributed to a combination of factors, including a weakening U.S. dollar, escalating trade tensions between the United States and China, and growing investor uncertainty about the global economic outlook. As investors seek safe-haven assets to mitigate risks, gold has emerged […]

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