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.

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As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact

Last night’s announcement by UAW President Shawn Fain that the union would initially only strike at three non-strategic plants has confused many in the labor movement. The announcement comes as the Biden Administration has stepped in to stop the strike from spread and protect its $15 billion investment in transitioning the auto parts industry to make electric vehicles.

As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact

Railway planned as part of India – Middle East – Europe Economic Corridor

ASIA: Ambitions to develop an India – Middle East – Europe economic corridor with sea transport from India to the Gulf region and a railway linking Middle Eastern countries with each other and to Europe were announced at the G20 summit in New Delhi.

Railway planned as part of India – Middle East – Europe Economic Corridor

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Former Japanese prime minister provocatively visits Taiwan

In another provocative move directed at Beijing, former Japanese prime minister and virulent anti-China hawk Taro Aso recently visited Taiwan for three days. He met with senior government officials, including President Tsai Ing-wen and declared that Japan, the US and Taiwan should ramp up plans for war with mainland China.

Former Japanese prime minister provocatively visits Taiwan

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China strongly condemns Japanese politician’s visit to Taiwan: FM spokesperson