How a Mumbai drugmaker is helping Putin get Nvidia AI chips

How a Mumbai drugmaker is helping Putin get Nvidia AI chips

Occupying the top three floors of an unremarkable office building in northern Mumbai, there’s little to distinguish Shreya Life Sciences from the many other commercial businesses that keep the Andheri neighborhood of India’s largest metropolis humming throughout the day. But this inconspicuous pharmaceutical company is part of a lucrative trade in leading-edge technology to Russia … Read more

Nvidia Stock Surges As TSMC Reports Strong AI Chip Demand Despite ‘Damaging’ Statement From Donald Trump

Nvidia Stock Surges As TSMC Reports Strong AI Chip Demand Despite ‘Damaging’ Statement From Donald Trump

Nvidia’s stock price climbed roughly 3 percent on Thursday, recovering from a 7 percent plunge the previous day due to geopolitical anxieties triggered by comments from US presidential hopeful Donald Trump. Nvidia’s recent rise coincides with TSMC’s announcement on Thursday that demand for high-end AI chips, which they manufacture for Nvidia, remains strong while supply … Read more