US tightens rules on AI chip sales to China in blow to Nvidia

US tightens rules on AI chip sales to China in blow to Nvidia

Nvidia chief executive Jensen Huang told the Financial Times earlier this year that the 2022 controls had left the Silicon Valley company with its “hands tied behind our back” by barring sales of its most advanced chips to China. He has said further restrictions could seriously harm US chipmakers by eating into their ability to finance investment.

Related:

Updated US export controls could cover ASML’s workhorse machine, dealing China’s chip ambitions a heavy blow

China ups export curbs on key EV battery component, safeguarding graphite amid US tensions

Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State

Source

The manufacturing project became infamous when former President Trump broke ground at the site and red flags became immediately apparent.

Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State

Related:

Trump promised this Wisconsin town a manufacturing boom. It never arrived.

Roughly 100 homeowners and farmers were forced to move, sometimes under threat of eminent domain, so their properties could be bulldozed to make way for the campus, according to residents and village officials. The village paid more than 40 percent over market value for that land, officials noted.

Arms firm complains that cat videos threaten growth

Battles over electricity will spread across Europe, the FT reported today. An arms firm enjoying a massive increase in business (for obvious reasons) says that some of the electricity in their area is being used by a TikTok data center, and could affect their future expansion.

Arms firm complains that cat videos threaten growth via Fridayeveryday

Must make more cat videos!!! 😹

Related:

Norwegian Defense Firm Nammo Blames TikTok For Power Shortages

“Authorities must choose between preserving cat videos or providing essential social functions,” the Nammo CEO said.

One Man Has Set Up a $1.6 Billion Slush Fund to Fuel the Radical Right’s Takeover of Congress; Get Ready for a Dirty Tricks Campaign

By Pam Martens and Russ Martens: August 26, 2022

The New York Times dropped a political bombshell on Monday. The public interest website, ProPublica, built further on the story that afternoon. And, as luck would have it, Wall Street On Parade finds itself in the unique position of filling in missing pieces of the story thanks to an investigative report we published in 2010.

One Man Has Set Up a $1.6 Billion Slush Fund to Fuel the Radical Right’s Takeover of Congress; Get Ready for a Dirty Tricks Campaign