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  • Trump pauses Strait of Hormuz escort effort
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  • Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress
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Asian tech stocks surge as U.S.-Iran cease fire ease Hormuz disruption worries

Sagar4 weeks ago02 mins

Xeon server chips shown to CNBC inside Intel’s advanced packaging facility in Chandler, Arizona, on November 17, 2025. CNBC Asian technology and semiconductor stocks surged on Wednesday after the U.S. and Iran agreed to a conditional two-week ceasefire that includes a temporary reopening of the Strait of Hormuz.  The news sent major indexes in Asian…

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ASML shares fall after proposed U.S. chip export curbs on China

Sagar4 weeks ago04 mins

onathan Raa | Nurphoto | Getty Images ASML shares fell on Tuesday after U.S. lawmakers last week proposed further measures that would restrict China from additional chipmaking tools and potentially impact the Dutch chip giant’s already fragile sales to the country. Shares of ASML in the Netherlands were down around 2.6% at around 6:11 a.m….

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Chinese chip firms post record high revenue on AI boom, U.S. curbs

Sagar1 month ago05 mins

China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Chinese semiconductor firms have reported record revenue last year driven by AI demand, a shortage of memory chips and U.S. export restrictions that have pushed Beijing to bolster its homegrown tech industry. Analysts and the companies themselves…

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Samsung-backed AI chip firm Rebellions raises $400 million ahead of IPO

Sagar1 month ago03 mins

The Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel AI chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in AI chips. Rebellions South Korean AI chip startup Rebellions said Monday it has raised $400 million as it looks to expand into the U.S. market…

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Baidu is major AI chip player in China to fill Nvidia gap

Sagar5 months ago05 mins

A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Tech giant Baidu is emerging as one of China’s key artificial intelligence chip players, positioning itself as a challenger…

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  • Trump pauses Strait of Hormuz escort effort
  • 2026 NHL draft order: Picks 1-16 following the draft lottery
  • Education Department investigates LA school district over handling of teachers accused of sexual misconduct
  • Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress
  • Cavaliers vs. Pistons (May 5, 2026) Live Score

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