Jaguar Land Rover will halt shipments of UK-made cars to the U.S. due to President Trump’s 25% tariff on imported cars, while they strategize a response. Similarly, Nissan is not accepting U.S. orders for two Mexican-made Infiniti SUVs in light of the current trade situation. Both companies are adjusting their operations to navigate the impact of the tariffs on their businesses.
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Chinese firms rush for Nvidia chips as US prepares to lift ban
Chinese companies are rapidly ordering Nvidia's H20 AI chips as the company prepares to resume sales to mainland China, anticipating $15 billion to $20 billion in additional revenue following US government license approvals. Nvidia aims to restart shipments after CEO Jensen Huang's meeting with President Trump, emphasizing the critical demand for specialized hardware for AI applications since the launch of ChatGPT in 2022. Explain It To Me Like I'm 5: Chinese companies are quickly ordering...
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