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Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28. While the U.S. bars Nvidia and its partners from selling advanced chips to China, including via third parties, the sale and purchase of the chips are not illegal in China. Contacted by Reuters, Nvidia said the tenders specify products that were exported and widely available before the restrictions. Daniel Gerkin, a Washington-based partner at law firm Kirkland & Ellis, said Nvidia chips could have been diverted to China without a manufacturer's knowledge, given a lack of visibility into downstream supply chains. It did not respond to subsequent questions about tenders that identified its products as a source of banned Nvidia chips.
Persons: Wong Yu Liang, Daniel Gerkin, Kirkland, Ellis, Clare Locke, Gigabyte Organizations: Nvidia, Getty, Super Micro Computer Inc, Dell Technologies Inc, Gigabyte Technology, Reuters, Chinese Academy of Sciences, Shandong Artificial Intelligence, Hubei Earthquake Administration, U.S, U.S . Commerce Department, Industry, Security, Super Micro, Dell Locations: China, U.S, Shandong, Hubei, Southwest, Heilongjiang, Washington
Exercising on the weekends may help you lose weight just as much as weekday workouts. AdvertisementYou don't have to hit the gym every day to burn fat and lose weight — getting some exercise on the weekends works just as well, new research suggests. Current exercise guidelines recommend at least 150 minutes a week of moderate exercise (like brisk walking, light biking, or household chores) or 75 minutes a week of vigorous exercise (such as playing sports, hiking, or heavy lifting). Longer, less frequent exercise sessions may be useful for people who want to lose weight but struggle to find time for a workout on a busy schedule. Rucking, an increasingly popular workout style that involves carrying a weighted pack, can also be an efficient way to lose weight while building muscle at the same time.
Persons: , trimmer, Lihua Zhang, Zhang, Dr, Beverly Tchang Organizations: Service, Obesity, Chinese Academy of Medical Sciences, Peking Union Medical College, Weill Cornell Medicine Locations: Beijing
“Our results indicated that there was no difference between the weekend warrior pattern and regularly active pattern in abdominal and general adiposity (fat),” Zhang said in an email. The average weekend warrior workout was of higher intensity and longer duration than weekday workouts by people in the study, Zhang said. In fact, weekend warriors in the study spent 147.6 minutes — almost the entire recommendation for a week — in each exercise session over the two-day period. That perseverance paid off when it came to belly fat, the study found. “On a high level, this study reaffirms the old adage about physical activity and health: any activity is better than no activity, said Tchang, who was not involved in the research.
Persons: , Lihua Zhang, ” Zhang, Zhang, Andrew Freeman, , Freeman, Martin Novak, Beverly Tchang, Tchang Organizations: CNN’s, CNN, World Health Organization, United, National Center for Cardiovascular Diseases, Chinese Academy of Medical Sciences, Peking Union Medical College, Jewish Health, National Health, Getty, Control, Weill Cornell Medicine Locations: United States, Beijing, Denver , Colorado, New York City
BEIJING (Reuters) - A small but powerful Chinese rocket capable of sending payloads at competitive costs delivered nine satellites into orbit on Saturday, Chinese state media reported, in what is gearing up to be another busy year for Chinese commercial launches. It was the third launch of the rocket, developed by China Rocket Co, a commercial offshoot of a state-owned launch vehicle manufacturer, since December 2022. The cost is similar to the launches of other Chinese small-lift rockets including the Long March 11, but their payload sizes are significantly smaller. Other commercial companies in the Chinese vehicle launch sector includes Galactic Energy, whose Ceres-1 rocket made its debut flight in November 2020. Ceres-1 is capable of delivering a 300 kg payload to a 500 km sun-synchronous orbit.
Persons: Xi Jinping, Ryan Woo, Jacqueline Wong Organizations: China, Co, Geely Holding, CAS Space, Chinese Academy of Sciences, Galactic Energy Locations: BEIJING, Yangjiang, Guangdong, Guangzhou, Lijian, Ceres, Beijing, Shandong
Scientists clone second species of monkey
  + stars: | 2024-01-16 | by ( Katie Hunt | ) edition.cnn.com   time to read: +6 min
CNN —Meet Retro, a cloned rhesus monkey born on July 16, 2020. Retro is only the second species of primate that scientists have been able to clone successfully. He was not involved in the latest research but has collaborated with some members of the research team on other primate studies. However, a rhesus monkey was cloned in 1999 using what researchers consider a simpler cloning method. Cloned monkeys can be genetically engineered in complex ways that wild-type monkeys cannot; this has many implications for disease modeling.
Persons: Falong Lu, , Lu, haven’t, Dolly, Miguel Esteban, Esteban, ” Lu, Zhong Zhong, Hua Hua, Lluís Montoliu, wasn’t, Organizations: CNN, Nature Communications, State Key Laboratory, Molecular, Biology, of Genetics, Chinese Academy of Sciences, , Guangzhou Institute of Biomedicine, Covid, National Academies of Sciences, Engineering, Medicine, Royal Society for Prevention, National Center for Biotechnology Locations: Shanghai, Beijing, Spain
By Farah MasterBEIJING (Reuters) - China's population fell for a second consecutive year in 2023, as a record low birth rate and a wave of COVID-19 deaths when strict lockdowns ended accelerated a downturn that will have profound long-term effects on the economy's growth potential. Japan's birth rate was 6.3 per 1,000 people in 2022, while South Korea's rate was 4.9. Long-term, U.N. experts see China's population shrinking by 109 million by 2050, more than triple the decline of their previous forecast in 2019. POLICY ISSUESChina's 2023 rate of 7.87 deaths per 1,000 people was higher than a rate of 7.37 deaths in 2022. Marriages are a leading indicator for birth rates in China, where most single women cannot access child-raising benefits.
Persons: Farah Master, Mao, Washington ., Xi Jinping, Marius Zaharia, Jamie Freed Organizations: Farah Master BEIJING, National Bureau of Statistics, United Nations, Academy of Sciences Locations: China, Japan, South Korea, South, India, Beijing, Washington, United States, Hong Kong
Dany Azar/Handout via REUTERS Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - Hundreds of thousands of people worldwide are killed annually by malaria and other diseases spread through the bite of mosquitoes, insects that date back to the age of dinosaurs. To their surprise, the male mosquitoes possessed elongated piercing-sucking mouthparts seen now only in females. Some flying insects - tsetse flies, for instance - have hematophagous males. "In all hematophagous insects, we believe that hematophagy was a shift from plant liquid sucking to bloodsucking," Azar said. The researchers said while these are the oldest fossils, mosquitoes probably originated millions of years earlier.
Persons: Dany Azar, Handout, " Azar, Azar, André Nel, hematophagy, Nel, Will Dunham, Rosalba O'Brien Organizations: REUTERS Acquire, Rights, Chinese Academy of Sciences ' Nanjing Institute of Geology, Lebanese University, National Museum of, World Health Organization, Thomson Locations: Lebanon, Hammana, Paris
However, by attacking mentions of egg fried rice by famous chefs and other online influencers, the nationalist users have inadvertently promoted the very rumor their government is trying to quash. Celebrity chef Wang Gang says he won't make egg fried rice again. But can it be a coincidence every single time?” a comment said of Wang’s egg fried rice videos. But some have also come to Wang’s defense, noting that the chef has posted egg fried rice in other months throughout the year. “Why don’t we clearly stipulate a complete ban on eating and making egg fried rice in November, or simply retire egg fried rice from Chinese cruisine all togther,” another supporter quipped.
Persons: , ” Wang Gang, Wang’s, , Wang, Mao Zedong’s, Mao Anying, Mao Anying’s, Wang Gang, Chef Wang, Yang Di, Mao, Xi Jinping, Luo Changping, Xi, , , ” Wang, Hu Xijin, ” Hu Organizations: Hong Kong CNN, People’s Liberation Army, Chinese Academy, Communist Party, Weibo, telegraphs, Fried, Daily, Global Times Locations: Hong Kong, China, Weibo, American, North Korea, Nanchang, Yangzhou, Sichuan
AdvertisementHere are four leading theories of how the moon was formed, and why the secret to uncovering the truth could lie deep within our planet. The moon wandered by the Earth and was captured into its orbitAccording to the capture theory, the moon was wandering through the universe like a giant asteroid. NASA/NOAAThe moon formed alongside the EarthThe accretion hypothesis ties the moon to the birth of the Earth. The problem is that while the moon and the Earth share isotopes, the way they put them together is very different. The moon also pulls as the earth, scientists have found.
Persons: we're, , Elon Musk, Sara Russell, Russell, Russel, it's, Vincent Eke, Jacob A, Theia, Deng, Artemis Organizations: Service, NASA, Elon, Apollo, NOAA, Chinese Academy of Sciences, ESA Locations: Theia
Scientists create chimeric monkey with two sets of DNA
  + stars: | 2023-11-09 | by ( Katie Hunt | ) edition.cnn.com   time to read: +7 min
CNN —Scientists based in China have created a monkey chimera with two sets of DNA, experimental work they say could ultimately benefit medical research and the conservation of endangered species. It’s the world’s first live birth of a primate chimera created with stem cells, the researchers said. Scientists have created mouse embryos that are part human, and in 2021, scientists reported that they had grown human-monkey chimeric embryos. In September, researchers reported that they had grown kidneys containing mostly human cells inside pig embryos. Then they selected a subset of cells to inject into genetically distinct 4- to 5-day-old embryos from the same monkey species.
Persons: , , Miguel Esteban, chimeras, Zhen Liu, Liu, Jun Wu, hadn’t, Wu wasn’t, Jacob Hanna, ” Hanna, Penny Hawkins, Organizations: CNN —, Cell, Guangzhou Institute of Biomedicine, Chinese Academy of Sciences, Research, University of Texas Southwestern Medical Center, Weizmann Institute of Science, Royal Society for, National Academies of Sciences, Engineering, Medicine, Covid Locations: China, Health, Research Hangzhou, Israel, United States
A new analysis published this week suggests that extreme weather linked to climate change might be much harder on native species than on nonnative ones. As the planet warms, extreme weather events — heat waves, cold snaps, droughts and floods — are becoming more common and destructive. The new paper, published on Monday in the journal Nature Ecology & Evolution by a team from the Chinese Academy of Sciences, suggests that these sudden, violent changes in conditions could be helping to fundamentally reshape ecosystems. In a statement, the team said that research on the impacts of extreme weather on ecosystems, while still in its early stages, was “critically important” to our ability to understand the effects of global warming on biodiversity. The researchers, led by Xuan Liu, an ecologist at the Academy of Sciences, analyzed 443 studies that examined the responses of 1,852 native and 187 nonnative species — from land, freshwater and marine habitats — to extreme weather.
Persons: Xuan Liu Organizations: Chinese Academy of Sciences, Academy of Sciences
REUTERS/NASA/Handout/File Photo Acquire Licensing RightsWASHINGTON, Nov 1 (Reuters) - Seismologists have recognized since the 1970s that two mysterious continent-sized blobs reside in the deepest part of Earth's mantle, one under Africa and the other under the South Pacific region. Based on these simulations, they proposed that most of Theia was absorbed into Earth, forming the blobs, while residual debris formed the moon. If the study's conclusions are correct, these blobs would represent the first direct evidence of the hypothesized moon-forming collision. "It is incredible because we can uncover relics of another planet - Theia - if we dig deep enough in Earth's mantle," added planetary scientist and study co-author Hongping Deng of the Chinese Academy of Sciences' Shanghai Astronomical Observatory. Asimow said that if their conclusions are correct some volcanic rocks that reach Earth's surface may provide samples of a vanished planet.
Persons: Qian Yuan, Paul Asimow, Hongping Deng, Yuan, Asimow, Will Dunham, Rosalba O'Brien Organizations: NASA, REUTERS, Rights, Caltech, Chinese Academy of Sciences, Thomson Locations: Africa, South Pacific, Theia, Shanghai
By Will DunhamWASHINGTON (Reuters) - Seismologists have recognized since the 1970s that two mysterious continent-sized blobs reside in the deepest part of Earth's mantle, one under Africa and the other under the South Pacific region. Based on these simulations, they proposed that most of Theia was absorbed into Earth, forming the blobs, while residual debris formed the moon. If the study's conclusions are correct, these blobs would represent the first direct evidence of the hypothesized moon-forming collision. "It is incredible because we can uncover relics of another planet - Theia - if we dig deep enough in Earth's mantle," added planetary scientist and study co-author Hongping Deng of the Chinese Academy of Sciences' Shanghai Astronomical Observatory. Asimow said that if their conclusions are correct some volcanic rocks that reach Earth's surface may provide samples of a vanished planet.
Persons: Will Dunham WASHINGTON, Qian Yuan, Paul Asimow, Hongping Deng, Yuan, Asimow, Will Dunham, Rosalba O'Brien Organizations: Caltech, Chinese Academy of Sciences Locations: Africa, South Pacific, Theia, Shanghai
This alien planet, Theia, was thought to have completely disappeared in the collision. AdvertisementAdvertisementAs well as shedding new light on the inner workings of our planet, scientists hope they will one day have access to these slabs of alien rock to reveal, once and for all, how our moon formed. The assumption has long been that Theia melded into moon, the Earth's mantle, and its core, in effect disappearing completely. Previous theories have suggested this core-mantle boundary could be made up of bits of ancient ocean floors. The problem is that the core-mantle boundary is very far from the surface — about 1,800 miles.
Persons: Theia, Vincent Eke, Jacob A, haven't, Edward Garnero, Li, Hongping Deng, Everest, Deng, Christian Schroeder Organizations: Service, Arizona State University, Chinese Academy of Sciences, Durham University, University of Stirling Locations: Theia, Iceland, Samoa
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBEIJING/SHANGHAI, Oct 30 (Reuters) - China will send Wu Zhaohui, a Vice Minister of Science and Technology, to a global summit on artificial intelligence this week in Britain, two sources familiar with the matter said. Former Prime Minister Tony Blair visited Beijing earlier this month and met Chinese Foreign Minister Wang Yi, as Beijing seeks to boost ties with the Labour party ahead of a general election likely next year. China's science ministry and foreign ministry, as well as the Chinese Academy of Sciences, did not respond immediately to faxed requests for comment. Wu was appointed to his role in the science ministry in December 2022. Like many countries around the world, China has been caught up in a global craze over generative AI following the popularity of OpenAI's ChatGPT last year.
Persons: Dado Ruvic, Wu Zhaohui, James, Boris Johnson, Tony Blair, Wang Yi, Wu, Xi Jinping, OpenAI's ChatGPT, Laurie Chen, Brenda Goh, Miral Organizations: REUTERS, Rights, Science, Technology, Labour, Chinese Academy of Sciences, HK, Foreign, Commonwealth, Development, Thomson Locations: Rights BEIJING, SHANGHAI, China, Britain, Beijing, British, London, Hong Kong, United States, Shanghai
China spent 1.4 trillion yuan ($191 billion) replacing foreign hardware and software in 2022, marking a year-on-year increase of 16.2%, according to IT research firm First New Voice. Two firms awarded the Harbin tenders were subsidiaries of China Electronics Corporation and China Electronics Technology Group Corporation - both heavily targeted by U.S. sanctions. The U.S. Department of Commerce, China Electronics Corporation and China Electronics Technology Group Corporation did not return requests for comment. Despite heavy spending on domestic substitution, however, foreign firms are still dominant suppliers for banking and telecoms database management. Non-Chinese companies held 90% of market share for banking database systems at the end of 2022, according to EqualOcean, a tech consultancy.
Persons: Tyrone Siu, Kendra Schaefer, Mo Jianlei, Eric Zheng, Brenda Goh, Katerina Ang Organizations: REUTERS, Companies Beijing, Reuters, New, Trivium China, Liberation Army, Tech, Chinese Academy of Sciences, BMC, U.S, Cyberspace Security, China Telecommunications Corporation, Qualcomm, U.S . Treasury, Google, Apple, China Electronics Corporation, China Electronics Technology Group Corporation, Microsoft, Adobe, China Tobacco, Microsoft Windows, Chinese Academy of Engineering, European Union Chamber of Commerce, of Commerce, Shanghai, U.S . Department of Commerce, HUAWEI, Huawei, IDC, Financial, Lenovo, HK, Beijing, Thomson Locations: Dongguan, Guangdong province, China, BEIJING, Washington, State, Beijing, Gansu province, Harbin, Xiamen, U.S, American, Shanghai
He said the estimate is extreme, but said even China's 1.4 billion people can't fill all of them. "How many vacant homes are there now?" The most extreme believe the number of vacant homes are now enough for 3 billion people. But China has yet to publish an official estimate on the total floor space of its empty homes. Government statistics from August say the total area of all unsold homes in China is around 7 billion square feet, per Reuters.
Persons: that's, it's Organizations: Service, China, National Bureau of Statistics, Government, Reuters, Strategic Research Institute, Chinese Academy of personnel Management Locations: China, Wall, Silicon, Western Europe, Beijing, Dongguan
The 150-million-year-old dinosaur is likely a very early bird ancestor, as old as the Archeopterix. This suggests bird's long legs may have evolved much early than thought. The dinosaur, named Fujianvenator prodigiosus, is thought to be as old the Archaeopteryx, which many consider to be the first bird. AdvertisementAdvertisement"I would put my money on runner," Wang told Reuters. There is still a 30 million-year-long gap in the fossil record between Archeopteryx and Fujianvenator and the next bird fossil on record, which appears in the Cretaceous, the study authors said in a press release.
Persons: Fujianvenator, Min Wang, Wang, Rex, prodigiosus, WANG Min Still, WANG Min, Hailu, Mark Loewen Organizations: Service, Chinese Academy of Sciences, Reuters, Nature, University of Utah Locations: Wall, Silicon, Nanping, Fujian, Beijing, Salt Lake City
CNN —Scientists have grown kidneys containing mostly human cells inside pig embryos, an important step toward growing kidneys and potentially other human organs that could be used for transplants in people. “The paper describes pioneering steps in a new approach to organ bioengineering using pigs as incubators for growing and cultivating human organs,” said Dusko Ilic, a professor of stem cell sciences at King’s College London, in a statement. “It is remarkable to see about 60% of the primordial pig kidney contained human cells,” Wu said. What the researchers didTo generate kidneys mostly composed of human cells in pigs, the scientists used cutting-edge techniques harnessing advances in stem cells, gene editing and embryology. “This (new) work is different from existing xenotransplantation approach and aims to generate organs mostly composed of human cells in pigs,” Wu said.
Persons: , Miguel Esteban, ” Esteban, , Dusko Ilic, Jun Wu, Wu, ” Mary Garry, ” Wu, Esteban, ” Joseph A, Vassalotti, ” Vassalotti Organizations: CNN —, Guangzhou Institute of Biomedicine, Chinese Academy of Sciences, Procurement, Transplantation Network, King’s College London, University of Texas Southwestern Medical Center, University of Minnesota’s, Heart Institute, National Kidney Foundation, Icahn School of Medicine Locations: Health, United States, Mount Sinai
A life reconstruction of the bird-like dinosaur Fujianvenator prodigiosus, which lived 148 million to 150 million years ago in China, is seen in this illustration. Asked for a word to describe Fujianvenator, Wang replied, "I would say 'bizarre.' Fujianvenator is a member of a grouping called avialans that includes all birds and their closest non-avian dinosaur relatives, Wang said. "The forelimb is generally built like a bird's wing, but with three claws on the fingers, which are absent from modern birds. There is still a big gap between the oldest known bird and the second-oldest known birds," Zhou said.
Persons: Chuang Zhao, Handout, Fujianvenator, Min Wang, Wang, Zhonghe Zhou, Zhou, Will Dunham, Daniel Wallis Organizations: REUTERS Acquire, Vertebrate Paleontology, Chinese Academy of Sciences, Thomson Locations: China, Fujian Province, Germany, Fujianvenator, Washington
FRANKFURT, Aug 28 (Reuters) - Bayer (BAYGn.DE) said an experimental stem cell therapy developed by its U.S. subsidiary BlueRock had shown signs of easing Parkinson’s disease symptoms in an early 12-patient trial. The German drugmaker announced the trial had succeeded in a brief summary in June, saying it was a first for a stem-cell Parkinson's therapy, but held back details for a medical conference. The five participants on a lower dose experienced 0.72 hours longer per day with well-controlled symptoms on average and the time of worsening symptoms was 0.75 hours shorter per day for them. For BlueRock's experimental therapy, the researchers took human pluripotent embryonic stem cells and transformed them into dopamine-producing nerve cells. Parkinson's, for which there is no cure and which affects more than 10 million people worldwide, causes progressive brain damage.
Persons: BlueRock, Christian Rommel, Bayer's, Britain's, Ludwig Burger, Susan Fenton Organizations: FRANKFURT, Bayer, U.S, drugmaker, International Congress, Cambridge University, South Korea's, CHA Hospital, Cyto Therapeutics, Chinese Academy of Sciences, Harvard University, Japan's Kyoto University Hospital, Thomson Locations: Copenhagen, Denmark, Australia, United States
Xinhua/Shutterstock‘Absolutely safe’As heavy rains moved toward the region in late July, China’s top flood control officials met to hash out their response plan. The flood was caused by flood water discharge, not by heavy rainfall.”CNN has reached out to the Zhuozhou and Bazhou governments for comment. Rescuers use rubber boats to transfer Zhuozhou residents trapped by flood waters after days of downpours brought by Typhoon Doksuri on August 2. In the recent rains, at least three upstream reservoirs released flood waters into rivers flowing into Baiyingdian from the west and the south, according to state media. Many countries have systems that involve discharging pent up flood waters into otherwise dry land after major storms.
Persons: Xi Jinping, Xi’s, , It’s, Xiong’an, Jade Gao, Ni Yuefeng, downpours, Typhoon Doksuri, Zhai Jujia, Li Guoying, Hongzhang Xu, Xiao, Li Na, Zhu Xudong, it’s, Xiong’an –, Xu, Baiyangdian Lake, Kevin Frayer, , Meili Feng, Simon Song, Deng Xiaoping, Jiang Zemin, Xu Kuangdi, Yi Haifei, Andrew Stokols Organizations: CNN, Xinhua, Getty, Censors, China News Service, China’s, Water, Australian National University, Authorities, China’s Ministry of Water Resources, Hebei Provincial Department of Water Resources, Geographical Sciences, University of Nottingham, Shanghai’s Pudong New, Chinese Academy of Sciences, Urban Computing Center Locations: Beijing, China, Hebei, Xiong’an’s, Xiong'an, Zhuozhou, AFP, Bazhou, Xiong’an, Tianjin, , Xinhua, Baiyingdian, Baiyangdian, Mississippi, University of Nottingham Ningbo, , Hebei province, Shenzhen, Shanghai’s Pudong, Shanghai
"The situation is already very bad for dollar-based funds to invest in China's tech sector. There isn't much room for things to get worse," said Beijing-based China Growth Capital partner Wayne Shiong. Biden's move will likely make China-focussed venture capital firms feel more urgency to raise yuan funds from Chinese investors, he said. In response to Biden's executive order, China's commerce ministry said it was "gravely concerned" and reserved the right to take countermeasures. But the executive order is barely going to do anything, and China escalating would risk turning a molehill into a mountain."
Persons: Florence Lo, Joe Biden's, Donald Trump, Weiheng Chen, Wilson Sonsini, Biden, Chen, Wayne Shiong, Biden's, Yuan, Pan, Trump, Derek Scissors, Kane Wu, Michael Martina, Roxanne Liu, Ziyi Tang, Yantoultra, Sumeet Chatterjee, William Mallard Organizations: REUTERS, U.S, Reuters Graphics Reuters, China Growth Capital, Chinese Academy of Social Sciences, TECH, Hua Hong Semiconductor, Analysts, American Enterprise Institute, Thomson Locations: China, U.S, HONG KONG, WASHINGTON, Beijing, Washington, Shanghai, Hong Kong, Singapore, Bengaluru
An ancient skull found in China is like nothing scientists have ever seen. If it is an undiscovered human ancestor, it could rewrite the story of human evolution. The skull has facial features that are similar to early modern humans, which scientists think began to branch away from Homo erectus between 750,000 to 550,000 years ago. Human history is messier than we thoughtThis isn't the first time human remains have shaken up the neat evolutionary path that is thought to have led to humans. Findings of archaic human remains in Israel and Greece over the past few years dating back about 200,000 years also suggested human ancestors may have left Africa a lot earlier than previously thought.
Persons: Xiujie Wu, Maayan Harel, sapiens, Will Oliver Organizations: Service, Science, Chinese Academy of Sciences Locations: China, Wall, Silicon, Hualongdong, East China, East, East Asia, Saharan Africa, Morocco, Israel, Greece, Africa, London, Britain
Hong Kong CNN —Nvidia warned Wednesday that if the United States imposes new restrictions on the export of AI chips to China, it would result in a “permanent loss of opportunities” for US industry. The rules, as reported, could make it harder for companies like Nvidia (NVDA) to sell advanced chips to China. Fueled by a boom in demand for its AI chips, the company briefly hit a market capitalization of $1 trillion in late May. We do not anticipate any immediate material impact on our financial results,” Kress added. Chinese AI stocks suffered much heavier losses.
Persons: Colette Kress, , ” Kress, , Biden, ” Jefferies Organizations: Hong Kong CNN, Nvidia, Wall Street, Financial Times, US Department of Commerce, CNN, Bloomberg, Chengdu Information Technology, Chinese Academy of Sciences, Baidu, Biden, Micron Technology Locations: Hong Kong, United, China, Washington, Shenzhen, Chengdu, ChatGPT, Beijing
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