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Donald Trump has cast doubt over whether as U.S. president he would defend Taiwan if China were to invade the self-governed island Beijing views as part of its territory. "Taiwan is 9,500 miles away," the former president told Bloomberg, "it's 68 miles away from China." China's long-ruling Communist Party claims Taiwan as its own but has never ruled there since coming to power in Beijing in 1949. Taipei rejects its neighbor's assertions. The GOP nominee for the U.S. presidential election appeared to suggest that Taiwan should pay the U.S. for protection, telling the outlet: "I don't think we're any different...

Former U.S. President Donald Trump, who is vying for another White House mandate, said he thinks that Taiwan should pay the U.S. for defense, claiming that the country “doesn’t give us anything.” His comment was in response to a question on whether he would defend Taiwan against China, as part of an interview with Bloomberg Businessweek published Tuesday. Beijing considers democratically governed Taiwan as a part of its territory, and Chinese President Xi Jinping has previously said reunification with the mainland was “a historical inevitability.” Trump said, “Taiwan should pay us for defense.” “You know, we’re no different than an...

Nvidia Corp.’s meteoric rise makes it not only the third-largest company in the U.S. in terms of market capitalization, but also bigger than most other countries’ economies, based on gross domestic product. The chip maker’s stock closed at $788.17 on Friday, giving it a market value of $1.97 trillion. That figure is greater than the GDP of every nation in the world but 11, beating the likes of Russia, South Korea and Australia, according to February International Monetary Fund data compiled by Forbes. Of course, comparing a single stock’s market cap to a country’s GDP is not a perfect exercise,...

Answering a question about what he was excited about in the coming year, Dell CEO Jeff Clarke said that after a year of what he called "the H100 show," the company was "excited about what happens at the B100 and the B200" with regards to performance improvement.He then went on to tell analysts on the call that the B100s don't need direct liquid cooling to get to the energy density of 1kW per GPU, although he said that would happen "next year with the B200."Nvidia's H100 GPUs have a thermal design point (TDP) of 700W and are manufactured on a...

Microsoft Corp. plans to build a supercomputer with millions of processors to support OpenAI’s research, The Information reported today. The system will be geared toward running artificial intelligence workloads. Reportedly codenamed Stargate by Microsoft executives, the supercomputer is believed to be part of a broader initiative that is also set to see the company build several other AI clusters. The project is expected to cost as much as $100 billion. OpenAI already uses Microsoft infrastructure to train its AI models. In 2020, the cloud computing and software giant disclosed that it had built an Azure-hosted supercomputer with 10,000 graphics cards...

California Rep. Nancy Pelosi and her husband, venture capitalist Paul Pelosi, could earn a windfall of more than $1 million thanks to a bullish bet Paul made on a Bay Area tech company. The couple is eyeing Nvidia, a software and graphics chip company headquartered in Santa Clara. According to a recent financial filing Nancy submitted with the Clerk of the House of Representatives, Paul purchased 50 call options in Nvidia with a strike price of $120. The purchase was made on Nov. 22, 2023, and the contracts expire on Dec. 20, 2024. Paul’s call options have a strike price...

Look out, Apple (AAPL)! Microsoft (MSFT) is right on your tail and gaining fast. Supercharged by its AI chops, Microsoft's market value is now $2.8 trillion — just 5.7% shy of Apple's at $2.98 trillion. That means Microsoft's share price only needs to hit 400.53 — it's already at 377.80 — to dethrone Apple as the most valuable S&P 500 company. Given Apple's reliance on now-ubiquitous smartphones, it's only a matter of time when it bows out to faster-growing Microsoft, analysts say. "As markets and investors start to wrap up the year, Microsoft seems destined to be the most valuable...

Graphic chip maker plans to build AI research center in Taiwan while continuing product sale to mainland China By JEFF PAO MAY 31, 2023 Nvidia, a California-based graphic processing unit maker, is going to build a world-class artificial intelligence research center in Taiwan to accelerate its Omniverse project, a computing platform that supports 3D applications. The announcement was made after the United States firm’s share price surged 24.6% to US$380.6 in a single day on May 24. On Tuesday, the valuation of Nvidia hit $1 trillion, making it the first US chipmaker to join the trillion-dollar club. Because of this,...

Huang, who founded Nvidia in 1993, said it is hard to predict if the U.S. export controls will end up creating a separate ecosystem for China for AI hardware and software. Nevertheless, he said, the public has to acknowledge China's technological advancements in cloud computing, internet services, digital payments, electric vehicles and autonomous driving technologies. "We have to run very fast ourselves," Huang said when asked by Nikkei Asia about the technological gap between Chinese GPU players and Nvidia on the sidelines of the event. "The amount of resources that has been dedicated to this area in China ... is...

Intel CEO Pat Gelsinger has defended the company's plan to become a chipmaker for hire after the company's profits plunged 134 percent year over year and it recorded a $2.8 billion loss during the first quarter of 2023. Intel has traditionally built fabrication plants to manufacture its own chips, but has seldom built silicon for third parties. Gelsinger reversed that policy, deciding that Intel must develop a substantial foundry business. "While everyone understands that we are establishing an internal foundry model, I'm not sure we have fully explained the importance and impact of this change," he said, insisting that hiring...

Due to the interest in Pelosi's trading after her NVDA, AAPL, and AMZN trades after releasing options, we show all her trades in one place. In the House and the Senate reports, we showed that both parties, no matter their allegiance, seem to be trading and often legislating to benefit their own positions. Pelosi.....or rather her spouse.....seems no different. Here are one year returns for Pelosi at the current date, in her stocks and options positions. So far, Pelosi's family has done very well trading over the last year. Her one year returns for her stocks is 45.59%, and her...

Nancy Pelosi's son was involved in five companies probed by federal agencies – but has never been charged himself, a DailyMail.com investigation reveals. A shocking paper trail shows Paul Pelosi Jr.'s connections to a host of fraudsters, rule-breakers and convicted criminals. His years-long repeated business dealings raise two troubling questions Nancy's son has been unable to answer: why did he get mixed up with such unsavory characters over and over, and how involved was he with the criminal investigations into his fraudster colleagues?

Nancy Pelosi's son was involved in five companies probed by federal agencies – but has never been charged himself, a DailyMail.com investigation reveals. A shocking paper trail shows Paul Pelosi Jr.'s connections to a host of fraudsters, rule-breakers and convicted criminals. His years-long repeated business dealings raise two troubling questions Nancy's son has been unable to answer: why did he get mixed up with such unsavory characters over and over,

The billowing compute and data demands that spurred the oil and gas industry to be the largest commercial users of high-performance computing are now propelling the competitive sector to deploy the latest AI technologies. Beyond the requirement for accurate and speedy seismic and reservoir simulation, oil and gas operations face torrents of sensor, geolocation, weather, drilling and seismic data. Just the sensor data alone from one off-shore rig can accrue to hundreds of terabytes of data annually, but most of this remains unanalyzed, dark data. Why? Because there just isn't enough compute capacity to crunch it all. A collaboration between...