Nvidia, Singapore
· 5d
US servers in Singapore fraud case may contain Nvidia chips, minister says
Singapore probes final destination of possible Nvidia chip servers
Three charged with fraud that media linked to Nvidia chips
The country charged three men with fraud in a case domestic media have linked to the movement of Nvidia's advanced chips from the city state to Chinese artificial intelligence firm DeepSeek.
Servers that may contain AI-powering Nvidia chips shipped from the United States to Singapore ended up in Malaysia, but their actual final
Also in the semiconductor industry, Intel (INTC) gained 1.5% after Nvidia and Broadcom (AVGO) were said to be testing out chip production with the company. Intel was a large recipient of government funding from former President Joe Biden’s CHIPS & Science Act, signed in 2022.
Investing.com -- Nvidia shares declined last week despite reporting strong earnings, with Mizuho TMT specialist Jordan Klein pointing to concerns over potential US government action on chip exports to China as a key factor behind the sell-off.
US stocks open up after strong, not stellar, Nvidia earnings curb enthusiasm. Trump's tariff talk also adds uncertainty. Inflation data due Friday.
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Starcloud raised an additional $10 million in an investment round on Feb. 26, backed by NFX, Y Combinator, FUSE, Soma Capital and scout funds from Andreessen Horowitz and Sequoia
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