Industrial Goods

SINGAPORE—Nvidia’s CEO said he still hopes to supply high-end processors to China, days after U.S. Commerce Secretary Gina Raimondo warned U.S. companies against sales of AI-enabling chips to the country in the name of national security. “Our plan now is to continue to work with the U.S. government to come up with a new set of products to comply with the new regulations,” Jensen Huangtold reporters in Singapore Wednesday. “The new regulations have additional limits. We have to come up with new products to comply with…

Updated Dec. 5, 2023 3:49 pm ETA group of activist nuns filed an unusual shareholder lawsuit to pressure gun maker Smith & Wessonto drastically change the way it markets, makes and sells its popular version of the AR-15 rifle.The so-called shareholder derivative action, which the nuns filed in Nevada state court Tuesday against publicly traded Smith & Wesson, alleges that company leaders are putting shareholders at risk. They argue the leaders are exposing the company to liability by the way they have made and…

Newcomers pose numerous challenges to decades of ‘Wintel’ chip dominance. Newcomers pose numerous challenges to decades of ‘Wintel’ chip dominance. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your…

Jeff Bezos and Elon Musk have both spent decades building space companies. Now, Bezos’ Amazon.com is turning to Musk’s SpaceX for a ride to orbit.Amazon, which Bezos founded and where he still serves as executive chairman, said Friday that it hired Musk’s SpaceX to conduct three rocket launches for the Seattle company’s planned satellite-internet division. Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Jeff Bezos and Elon Musk have both spent decades building space…

Updated Nov. 24, 2023 4:17 am ETNissan Motor is expanding its electric vehicles and battery manufacturing capacity in the U.K. with investments of up to 3.0 billion pounds ($2.39 billion) as the carmaker pushes to have an all-electric lineup in Europe.The Japanese company plans to add a third gigafactory and produce two additional models at its EV hub in Sunderland, it said Friday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Nov. 24, 2023 4:17 am ETNissan…

Chip maker Nvidia said sales reached a record in its latest quarter and gave a positive outlook, suggesting investments in artificial intelligence continue to be strong.Sales more than tripled to $18.1 billion in Nvidia’s latest fiscal quarter, above Wall Street forecasts in a survey of analysts by FactSet. Profit for the company, whose semiconductors underpin the AI boom, also shot up to $9.2 billion from $680 million a year earlier, above estimates.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…

There is a lot riding on the earnings report this week from Nvidia, both for the company’s ebullient investors and the entire stock market.Nvidia has been the big winner of the bet that artificial intelligence is the next big thing in tech, the so-called AI trade that surged in popularity after OpenAI’s release of its ChatGPT app. The chip maker’s shares have more than tripled this year, contributing to a sizable portion of the S&P 500’s 18% rise.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…

Updated Nov. 18, 2023 1:46 pm ETSpaceX’s second test flight of its massive Starship rocket ended early Saturday when the uncrewed vehicle’s spacecraft blew up, though the launch made it farther than the company’s previous attempt.SpaceX said it lost contact with the Starship spacecraft about 15 minutes after launching from the company’s spaceport east of Brownsville, Texas, around 8 a.m. ET. A self-destruct mechanism appeared to trigger after contact was lost, exploding the craft, according to a SpaceX…

Nov. 16, 2023 10:10 am ETSINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite.Alibabaon Thursday said it had scrapped its plan to spin off and list its cloud-computing division, citing the impact of the export controls that took effect late last month. The restrictions “may materially and adversely affect” the cloud business’s ability to offer products and services and to perform under existing contracts, Alibaba said, adding that it would focus on the division’s…

Listen to article(2 minutes)New World Record: Most Patient EV ChargerDetails of Achievement: Over the course of 48 hours, with few naps or bathroom breaks, Joanna Stern examined more than 120 non-Tesla EV fast-charging stalls across Los Angeles, battling out-of-order signs, payment issues and bad “handshakes.”Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(2 minutes)New World Record: Most Patient EV ChargerDetails of Achievement: Over the course of…