Jensen Huang lauds China’s AI models as Nvidia set to resume chip exports

Jensen Huang lauds China’s AI models as Nvidia set to resume chip exports

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Sarah Meyssonnier | Reuters BEIJING — Nvidia CEO Jensen Huang praised China’s generative artificial intelligence models, a day after the U.S. chipmaker said it expected…

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Trump says tariff letters for smaller countries coming soon; rates likely over 10%

Trump says tariff letters for smaller countries coming soon; rates likely over 10%

U.S. President Donald Trump speaks during the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | Reuters U.S. President Donald Trump on Tuesday said letters notifying smaller countries of their U.S. tariff rates would go out soon, adding that his administration would likely set a tariff of…

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Asia stock markets today: live updates

Asia stock markets today: live updates

Opening calls from Singapore Good morning from Singapore and happy mid-week. Asia markets are poised to open mixed. Japan’s benchmark Nikkei 225 was set to open marginally lower, with the futures contract in Chicago at 39,660 while its counterpart in Osaka last traded at 39,600, against the index’s last close at 39,678.02. Australia’s S&P/ASX 200 was also set to…

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Westinghouse plans to build 10 large nuclear reactors in U.S., interim CEO tells Trump

Westinghouse plans to build 10 large nuclear reactors in U.S., interim CEO tells Trump

Plant Vogtle Nuclear Power Plant in Waynesboro, GA, August 15, 2024. Van Applegate | CNBC Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday. Westinghouse’s big AP1000 reactor generates enough electricity to…

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How fund managers are investing

How fund managers are investing

Fund managers are becoming increasingly bullish on European equities, according to the latest iteration of Bank of America’s European Fund Manager Survey. European stocks have broadly enjoyed a significant rally this year, amid a diversification away from U.S. assets , the promise of massive fiscal stimulus in Germany , and a bull run in the…

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Stoxx 600, DAX, CAC, FTSE

Stoxx 600, DAX, CAC, FTSE

Ericsson CEO says European regulation and investment around AI is ‘concerning’ Speaking to CNBC’s “Europe Early Edition” on Tuesday, Ericsson CEO Börje Ekholm took aim at regulation of artificial intelligence in Europe. “I think the European problem is a regulatory problem,” he argued. “I think the European regulation should basically be frozen, and the [European]…

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