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☆ Jensen Huang says if 'anything were to happen' in Taiwan, Nvidia could have GPUs made somewhere else
▼ + stars: | 2024-09-12 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

When Nvidia CEO Jensen Huang spoke to Goldman Sachs CEO David Solomon on Wednesday, the banker raised this relationship — and how precarious it is due to rising tension in the Taiwan Strait. This story is available exclusively to Business Insider subscribers. Last year, Huang said he felt "perfectly safe" relying on manufacturing in Taiwan. Though Samsung has some of the same capabilities required to produce the most advanced chips, TSMC is the clear leader. Huang went on to praise TSMC for scaling up to meet the demand that created Nvidia's "hockey stick" earnings in recent years.

Persons: —, Jensen Huang, Goldman Sachs, David Solomon, Solomon, Huang, Dylan Patel, Chris Miller, TSMC, Patel Organizations: Service, Nvidia, Wednesday, Business, Samsung, Intel, SEC, Blackwell Locations: Taiwan, Asia, China, Pacific, TSMC, South, Arizona

☆ Raising a child in China is 50% less affordable than in the US, Beijing think-tank says
▼ + stars: | 2024-02-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

AdvertisementThe think-tank said it calculated child-raising costs in China using 2023 data from the National Bureau of Statistics. AdvertisementIn total, raising a child until they are 18 costs Chinese families an average of 538,312 yuan, or about $73,000, Yuwa said. Middle-income families in the US are projected to spend $233,610 raising a child until they are 18, per the USDA. AdvertisementNotably, the average cost of raising a child in China fell slightly compared to Yuwa's 2022 report on the same topic. The think-tank said data from 2019 showed that the average cost was $76,000, or about seven times the country's GDP per capita at the time.

Persons: —, Liang Jianzhang, Huang Wenzheng, Yafu, Yuwa's, Yuwa Organizations: Service, Business, National Bureau of Statistics, Department of, Ministry of Health and Welfare Locations: China, Japan, Beijing, South Korea, Shanghai

☆ Nvidia's CEO gave a super honest account of what it's like to start your own business. It should be required reading for anyone considering it.
▼ + stars: | 2023-10-20 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Starting a company is difficult, and Jensen Huang says he wouldn't do it again if he had to go back. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementJensen Huang built Nvidia into a trillion-dollar company, but if he had to do it over, he wouldn't start a company again. Huang went on to say it's actually helpful for entrepreneurs to underestimate how challenging it can be to start a business.

Persons: Jensen Huang, —, Huang, Forbes Organizations: Nvidia, Service, Huang, Microsoft, Apple, Forbes

☆ Taiwan says China bolstering air power along coastline facing island
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +3 min

Taiwanese flags are seen at the Ministry of National Defence of Taiwan in Taipei, Taiwan, December 26, 2022. REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Sept 12 (Reuters) - China is bolstering its air power along the coast facing Taiwan with a permanent deployment of new fighters and drones at expanded air bases, Taiwan's defence ministry said on Tuesday in its biennial report. China staged war games around Taiwan in August of last year and again in April, and its forces operate around the island almost daily. In its National Defence Report, the ministry said China uses "realistic combat training and exercises to strengthen its preparedness against Taiwan". China's defence ministry did not immediately respond to a request for comment.

Persons: Ann Wang, Joe Biden, Huang Wen, Ben Blanchard, Yimou Lee, Miral Fahmy, Michael Perry Organizations: Ministry of National Defence, REUTERS, Rights, Beijing, National Defence, Taiwan, Democratic, Taiwan's, Staff, Intelligence, Thomson Locations: Taiwan, Taipei, Rights TAIPEI, China, United States, Beijing

☆ AI chip giant Nvidia mentioned a particular company again and again during its latest blockbuster conference call. You'll be surprised which one.
▼ + stars: | 2023-08-24 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

Investors have been counting how many times executives say 'AI' on conference calls. Instead, I counted how many times Nvidia mentioned different companies on its latest call. AdvertisementAdvertisementThis year, investors have been counting how many times company executives say "AI" on earnings conference calls. Here's one example, where the CEO discussed large companies adopting new AI technologies. Amazon and Google, two of the largest cloud and AI companies on earth, only got a couple of callouts each.

Persons: That's, It's, Nvidia's, Jensen Huang Organizations: Nvidia, Morning, Tech, Sentieo, VMware, Broadcom, Google

☆ Taiwan says it has spotted no Chinese surveillance balloons
▼ + stars: | 2023-02-14 | by ( ) www.reuters.com time to read: +1 min

TAIPEI, Feb 14 (Reuters) - Taiwan has not spotted any surveillance balloons from China in its vicinity, the island's defence ministry said on Tuesday, as a dispute between China and the United States over spy balloons triggers worries about rising military tensions. The U.S. military on Feb. 4 shot down what it called a Chinese spy balloon over South Carolina. A Taiwan military intelligence officer said the armed forces had not seen any surveillance balloons from China near the island that were similar to the one shot down over the United States. "The majority of the balloons near our waters were used for meteorological purposes," the officer, Major General Huang Wen-chi, told a regular briefing in Taipei, adding that the weather balloons posed no serious security threat. The balloons detected near Taiwan has no steering capability and thus they were unlikely to be used for surveillance purposes, he added.

LONDON, Jan 30 (Reuters) - China raised export tariffs on unwrought primary aluminium and alloy at the start of this year after a rare burst of export activity in the first part of 2022. Russian aluminium dominated the import mix and Russian smelters were the main recipients of Chinese alumina exports last year. China's unwrought aluminium imports vs Russian metalRUSSIAN IMPORTS GROWDecember's imports of primary aluminium, by contrast, accelerated to 128,000 tonnes, the highest monthly tally in over a year. China's total alumina exports vs RussianCHINA LIFTS ALUMINA EXPORTSThe two countries' aluminium trade also extends to the intermediate alumina stage of the processing chain. It could also mean China returning to consistent net importer of unwrought aluminium, particularly if domestic smelter production continues to be plagued by power constraints.

☆ Scade populația Chinei; Statul asiatic a înregistrat cea mai scăzută creștere în ultimul deceniu
▼ + stars: | 2021-05-11 | by ( ) www.jurnal.md time to read: +3 min

La finalul anilor 1970 a fost introdusă politica „un copil” de familie, încetinind astfel creșterea brusă a populației. Rezultatele recensământului din 2020, publicate arată că numărul populaţiei din China continentală a crescut cu 5,38%, la 1,41 miliarde. Noile cifre reprezintă faptul că obiectivul stabilit în 2016, ca populația să ajungă până în 2020 la 1,42 de miliarde, nu a fost atins. Chiar dacă populația Chinei nu a scăzut în 2020, „0 va face în 2021, 2022 sau foarte curând”, a mai adăugat expertul. Potrivit unui raport din 2005, o familie avea nevoie de 490.000 de yuani (74.838 de dolari) pentru a creşte un copil în China.

Persons: Organizaţia, Huang, îşi Locations: Chinei, Statul, China continentală, China

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