Although the curbs also affect other chip makers, analysts believe Nvidia will be hit the hardest because China accounts for up to 25% of its revenues from data centre chip sales. Nvidia’s shares, which are considered a star stock, fell by as much as 4.7% in the wake of the announcement.
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Waitrose signs up Deliveroo for rapid food delivery
admin, , Business, 0
Image copyright Getty Images Waitrose has signed a deal with takeaway food company Deliveroo to give customers a fast-track...
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Cost of living: More Britons say they skip meals or go hungry
admin, , Business, 0
“For the hardest hit, we’re putting an average of £1,000 more per year into the pockets of working families...
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Morrisons agrees to raised £6.7bn takeover offer from Fortress
admin, , Business, 0
It said in a statement: “Morrisons directors believe that the increased Fortress offer is in the best interests of...
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Ofgem sets new price cap prompting calls for energy bill help
admin, , Business, 0
Such figures were, and could still be, highly volatile. The government says the “savings” would be money not borrowed,...
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What a $1 deal says about America’s office market
admin, , Business, 0
His next door neighbour, 360 Park Avenue South, has been empty since 2021 for redevelopment. The 20-storey building, which...
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‘Mad rush’ to buy homes faded in April
admin, , Business, 0
Sam Mitchell, chief executive of online estate agent Strike, said: “After the mad rush in March to complete and...
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Strong job gains in US add to economic puzzle
admin, , Business, 0
“Perhaps the report details, with the unemployment rate rising and average hourly earnings growth slowing, tilts the decision to...
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Covid: Boxing Day sales expected to plummet amid pandemic
admin, , Business, 0
Stricter measures have been introduced in much of the UK with 40% of England’s population now under tier four...
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