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The Nasdaq took a significant plunge on Wednesday driven by falling tech stocks as fears mounted over potential new restrictions on semiconductor exports to China. The sell-off was triggered by a Bloomberg report suggesting Joe Biden administration is considering implementing sweeping regulations to further limit sales of critical chipmaking equipment to China. The Philadelphia Semiconductor Index experienced its most substantial one-day decline since the COVID-19 pandemic, plummeting 6.8%. One day’s trading saw $500 billion in market value from chip-related stocks wiped out. Yet, despite the setback, the index remains up 30% for the y...... Read Full article on HadNews

As the world rushes to make use of the latest wave of AI technologies, one piece of high-tech hardware has become a surprisingly hot commodity: the graphics processing unit, or GPU. A top-of-the-line GPU can sell for tens of thousands of dollars, and leading manufacturer NVIDIA has seen its market valuation soar past US$2 trillion as demand for its products surges. GPUs aren’t just high-end AI products, either. There are less powerful GPUs in phones, laptops and gaming consoles, too. By now you’re probably wondering: what is a GPU, really? And what makes them so special? What is a GPU? GPUs were originally designed primarily to quickly gen...... Read Full article on HadNews

As the world rushes to make use of the latest wave of AI technologies, one piece of high-tech hardware has become a surprisingly hot commodity: the graphics processing unit, or GPU. A top-of-the-line GPU can sell for tens of thousands of dollars, and leading manufacturer NVIDIA has seen its market valuation soar past US$2 trillion as demand for its products surges. GPUs aren’t just high-end AI products, either. There are less powerful GPUs in phones, laptops and gaming consoles, too. By now you’re probably wondering: what is a GPU, really? And what makes them so special? What is a GPU? GPUs were originally designed primarily to qu...... Read Full article on HadNews