tensions

China targets Nvidia with antitrust probe, escalates US chip tensions By Reuters

By Liam Mo and Brenda Goh BEIJING (Reuters) -China said on Monday it has launched an investigation into Nvidia (NASDAQ:) over suspected violations of the country’s anti-monopoly law, a probe widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector. The statement from the State…

Futures subdued as Nvidia’s forecast disappoints, geopolitical tensions mount By Reuters

By Johann M Cherian and Purvi Agarwal (Reuters) -U.S. stock index futures were subdued on Thursday, as AI-heavyweight Nvidia (NASDAQ:)’s revenue forecast failed to impress investors while caution prevailed over escalating tensions between Russia and Ukraine. Nvidia beat quarterly profit expectations, but projected its slowest revenue growth in seven quarters…