Recent developments in the AI chip industry have underscored the strategic importance of precision manufacturing in supporting critical supply chains. PMGC Holdings Inc. recently completed the acquisition of AGA Precision Systems LLC,

Jensen Huang pulled off something of a political miracle this week for Nvidia shareholders. As the U.S. and China continue to growl at one another over tariffs and other elements of the trade war between the two countries and the race to attain AI superiority, Huang convinced Donald Trump to lift the ban on select AI chip sales to China.

BEIJING/SHANGHAI (Reuters) -Demand in China has begun surging for a business that, in theory, shouldn't exist: the repair of advanced Nvidia artificial intelligence chipsets that the U.S. has banned the export of to its trade and tech rival.

"We believe we're in an AI race, and we want the United States to win that race," Trump administration crypto tsar David Sacks told reporters. The AI plan promises to build data centre infrastructure while also eradicating "ideological bias", but critics said it was a giveaway to Big Tech.

The blueprint seeks to make American technology the foundation for AI worldwide while enacting security measures to keep adversaries like China from gaining an edge.

Nvidia is now the first company to surge past $4 trillion in market capitalization, rebounding from its DeepSeek-induced slump earlier this year. Other AI chipmakers, including AMD and China’s Huawei, are reporting strong financial results. Nearly every major chipmaker is now centering its strategy on AI. But what if AI doesn’t work out?

Chinese buyers are back in force in the U.S. housing market, snapping up billions worth of property as American homebuyers grapple with high prices and soaring borrowing costs. Foreign Buyers Return As Americans Step Back Between April 2024 and this ...

Yhe win comes months after the South Korean start-up rejected an US$800 million acquisition offer from Meta. Read more at straitstimes.com. Read more at straitstimes.com.

Despite the focus on expansion, the plan does mention the importance of "defending against misuse and preparing for future AI-related risks."

The AI Action Plan, released by the White House on Wednesday, recommends revamping the permitting process and streamlining environmental standards to speed AI-related infrastructure projects.