Intel considers selling Mobileye stake in light of pressure and share price decline – Intel (NASDAQ:INTC)
Mobileye Global Inc MBLY The stock is trading lower on Friday after reports that Intel Corp INTC is considering a strategic sale of shares in the Israeli autonomous driving company. Intel could sell up to 88 percent of its stake…
Report: Nvidia’s share price rise makes employees millionaires and reduces turnover to record low – NVIDIA (NASDAQ: NVDA)
Nvidia Corp NVDA has succeeded in reducing employee turnover through appropriate compensation packages. The chip designer is known for its demanding work environment, where employees toil up to seven days a week, with working hours extending until 2 a.m. CEO…
Nvidia Tech drives Chinese AI growth abroad, Alibaba increases investment by $7 billion – Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)
Chinese artificial intelligence developers have made a breakthrough in accessing sophisticated AI chips, while US semiconductor sanctions against China undermine their AI ambitions. Chinese AI developers acquire advanced Nvidia Corp NVDA chips without importing them into China by using overseas…
