Malaysia Probes Reports of Nvidia Chip Diversion to China

June 23, 2025

Catenaa, Monday, June 23, 2025- Malaysia is investigating claims that Chinese firms are using the country to bypass US export controls on advanced Nvidia chips, following reports that engineers transported sensitive AI data to local data centers earlier this year. The Wall Street Journal reported Chinese engineers traveled to Malaysia in March carrying hard drives […]

$593B Nvidia Loss Triggers Global AI Market Rethink

January 28, 2025

Catenaa, January 28, 2025 – Global tech stocks plummeted for a second consecutive day Tuesday as the unveiling of a cost-efficient Chinese AI model disrupted investor confidence in the sector. Nvidia shares fell 17% on Monday, erasing $593 billion in market value, a historic one-day loss. Chinese startup DeepSeek introduced a low-cost AI assistant that […]

Apple, Nvidia Shed $1T in Market Cap Since Holiday

April 19, 2025

Catenaa, Saturday, April 19, 2025- Apple and Nvidia stocks have been in the forefront of Trump’s trade war, shedding $ 1 trillion in market cap collectively since liberation day. The two tech stocks’ volatility since Trump’s “Liberation Day” reciprocal tariff announcement on April 2, shows how the investors are battling the ever -changing uncertainty in […]

Aramco Signs 34 Deals Worth $90B With US Companies

May 14, 2025

Catenaa, Wednesday, May 14, 2025- Saudi Arabia’s state energy giant Aramco has signed 34 preliminary deals worth $90 billion with major US companies on Wednesday, as part of Aramco’s long-term strategy. The deals aim to boost Aramco’s long-term growth strategy and expand its presence across a wide range of sectors, from traditional oil and gas […]

Big Tech Stocks Gain On Court Ruling On Trump Tariffs

May 29, 2025

Catenaa, Thursday, May 29, 2025- Big tech stocks in the US gained on Thursday following a US trade court ruling that the vast majority of Trump’s global tariffs are illegal. Tesla shares were up by 1.2% by 1.30 in the afternoon amid news of CEO Elon Musk’s exit from the Trump administration, and Nvidia shares […]

China Urges Nvidia to Deliver Quality, Reliable Products

July 18, 2025

Catenaa, Friday, July 18, 2025- China hopes that Nvidia will provide high-quality and reliable products and services to Chinese customers, as demand for H2O chips soars. Chinese Commerce Minister Wang Wentao said in a statement on Friday that Nvidia was willing to deepen cooperation with Chinese partners in the field of artificial intelligence. Nvidia CEO […]

Chinese AI Chipmakers Seeks $1.65B To Boost Local Demand

July 1, 2025

Catenaa, Tuesday, July 01, 2025- Two Chinese AI chip startups are seeking to raise a combined $1.65 billion in initial public offerings on the Shanghai Stock Exchange to boost local demand. Beijing-based Moore Threads plans to raise $1.12 billion, while Shanghai-based MetaX seeks $530 million, according to their IPO prospectuses filed on Monday. Their fundraising […]

CoreWeave Stock Up Over 4% On $1.5Bn Bond Sale

July 21, 2025

Catenaa, Monday, July 21, 2025- CoreWeave stock rose more than 4%% on Monday morning after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth of bonds. The company said in a release that the notes, due in 2031, will use the capital for general purposes, such as paying off […]

Hedge funds exiting US tech and media stocks

February 24, 2025

Catenaa, Monday, February 24, 2025– Hedge funds have exited US tech and media stocks during the two weeks ending on February 21 at the fastest pace in six months, according to Goldman Sachs. A note sent to Goldman Sachs clients on Friday said speculators “aggressively” dumped both long and short positions in AI-related equipment, media, and communications […]

Huawei Building Mega AI Chip Facility in China

May 12, 2025

Catenaa, Monday, May 12, 2025- Huawei is reportedly constructing a massive chip production facility in Shenzhen, aimed at fulfilling the growing demand for its Kirin and Ascend AI chips. The new facility, which is expected to focus on 7nm and above production, will play a central role in enhancing the company’s capabilities in artificial intelligence […]

Huawei Ships Advanced AI Chip Cluster to Bypass Nvidia Ban

May 1, 2025

Catenaa, Friday, May 02, 2025-Chinese tech giant Huawei has begun deliveries of its most advanced artificial intelligence chip cluster, the CloudMatrix 384, to local clients cut off from US semiconductor leader Nvidia due to Washington’s tightening export restrictions, according to sources familiar with the development. The high-performance system, which links 384 AI processors using Huawei’s […]

Huawei’s CloudMatrix AI Now Rivaling NVIDIA’s Best, CEO Says

June 12, 2025

Catenaa, Thursday, June 12, 2025- NVIDIA CEO Jensen Huang recently acknowledged at a public forum that Huawei had developed artificial intelligence hardware and systems capable of matching the US chipmaker’s top offerings, marking the first direct comparison made by the company’s leadership. In an interview with Bloomberg, Huang stated that Huawei’s new AI cluster, called […]

IBM Plans $150B US Investment Over 5 Years

April 28, 2025

Catenaa, Monday, April 28, 2025- IBM will invest $150 billion in the US for the next five years, the company said on Monday, in a push to back Trump’s local manufacturing. IBM said that the plan includes an investment of more than $30 billion in research and development to further the company’s American manufacturing of […]

Kraken to Launch Tokenized US Stocks for Global Users

May 26, 2025

Catenaa, Monday, May 26, 2025 – Crypto exchange Kraken announced Thursday it will soon offer tokenized shares of major US companies—including Apple, Tesla, and Nvidia—to international customers, marking a bold step into the growing market for blockchain-based securities. Partnering with asset tokenization firm Backed, Kraken will launch over 50 US stocks and ETFs as crypto […]

Magnificent 7 Stocks Drop, Apple Hit by Reciprocal Tariffs

April 3, 2025

Catenaa, Thursday, April 03, 2025- The Magnificent Seven stocks all fell on Thursday following the Trump Administration announcement of reciprocal tariffs, with Apple faring worst of all. The iPhone maker’s shares dropped 8% by mid-day after President Donald Trump late Wednesday imposed an 34% import tax on China, where Apple manufactures about 90% of its […]

Microsoft Cuts Costs by $500M With AI Job Replacements

July 10, 2025

Catenaa, Thursday, July 10, 2025- Microsoft has been able to save $500 million on the use of AI after the company laid off 9,000 workers in its third round of layoffs so far this year. Microsoft’s Chief Commercial Officer Judson Althoff said during a presentation this week that AI tools are boosting productivity across sales, […]

Nvidia Became First Company To Hit $4 Trillion Mark

July 9, 2025

Catenaa, Wednesday, July 09, 2025- Nvidia became the first publicly traded company to hit the $4 trillion mark on Wednesday after its share price hit a record high of $164.27 as generative AI hype continues. The chipmaker surpassed fellow tech players, including Microsoft and Apple, and Nvidia’s stock price is up 22% year-to-date and 24% […]

Nvidia Became World’s Most Valued Company in June

July 2, 2025

Catenaa, Wednesday, July 02, 2025- Nvidia reclaimed the top spot among the most valued companies worldwide in June, as its shares gained to an all-time high of $158 with renewed optimism on AI leadership. The chipmaker’s market value stood at $3.86 trillion at the end of June, about 4.3% higher than Microsoft $3.69 trillion valuation. […]

Nvidia Blackwell AI Chip Promises 25x Faster Performance

April 13, 2024

Santa Clara, California, Monday, March 25, 2024- Chipmaker giant Nvidia on March 18 announced its next generation of artificial intelligence (AI) chips, promising a significant leap forward in computing power for AI applications. The new chips, codenamed Blackwell, are designed to address the ever-growing demands of tasks like training massive language models, powering complex simulations, […]

Nvidia CEO Huang Sells Over $36Mn Worth Of Stocks

July 11, 2025

Catenaa, Friday, July 11, 2025- Nvidia CEO Jensen Huang has sold more than $36 million worth of stock in the leading artificial intelligence chipmaker became the first $$ trillion-cap company. According to a US Securities and Exchange Commission filing, the sale, which totals 225,000 shares, comes as part of Huang’s previously adopted plan in March […]

Nvidia CEO Worth Hits $120B After Saudi Chip Deal

May 18, 2025

Catenaa, Sunday, May 18, 2025-The net worth ofJensen Huang, the CEO of Nvidia, increased to about $120 billion last Tuesday, up from $80 billion just a year ago. This rise follows a boom in demand for the company’s artificial intelligence (AI) chips, which has significantly boosted Nvidia’s stock price. The company’s shares climbed 5.6% to […]

Nvidia Expands Quantum Computing Focus, Stocks Surge

March 20, 2025

Catenaa, Thursday, March 20, 2025-Nvidia announced plans Tuesday to launch a quantum computing research center, driving gains in related stocks amid growing investor interest.  The Nvidia Accelerated Quantum Research Center (NVAQC), based in Boston, aims to integrate quantum hardware with supercomputers to tackle the field’s most complex challenges. The announcement was made during Nvidia’s annual […]

Nvidia Faces $5.5B China Export Hit, Stock Dips

April 16, 2025

Catenaa, Wednesday, April 16, 2025- Nvidia stock fell over 7% on Wednesday, after the company said that it would take a $5.5 billion hit from the new controls imposed by the US on its semiconductor exports to China. Nvidia said in a regulatory filing late Tuesday night that the US government informed the company it […]

Nvidia Hit, Futures Fall Ahead of Retail Data

April 19, 2025

Catenaa, Saturday, April 19, 2025-US stock futures declined late Tuesday as investors reacted to a steep drop in Nvidia shares and braced for key economic data due Wednesday. The S&P 500 futures fell 0.9%, while Nasdaq 100 futures dropped 1.3%. Dow futures were down about 0.5% following a choppy regular session that saw all three […]

Nvidia Launches NVLink Fusion to Boost AI Chip Speed

May 19, 2025

Catena, Tuesday, May 20, 2025-Nvidia on yesterday (Monday) launched NVLink Fusion, a new chip-to-chip communication technology designed to enhance the speed and efficiency of artificial intelligence systems by tightly linking multiple processors. Unveiled by CEO Jensen Huang during a keynote at the Computex exhibition in Taipei, NVLink Fusion marks Nvidia’s latest step to solidify its […]

Nvidia Risks Huge Loss if China AI Market Blocks

May 7, 2025

Catenaa, Wednesday, May 07, 2025- Nvidia would face a “tremendous loss” if the chipmaker loses access to the soon to be $50 billion worth AI market in China, CEO Jensen Huang said. In an interview with CNBC on Tuesday, the Nvidia boss addressed concerns about the growing restrictions facing his company as the US government […]

Nvidia Shifts AI Chipmaking to US Amid Tariff Uncertainty

April 17, 2025

Catenaa, Thursday, April 17, 2025-Nvidia has begun manufacturing AI chips in the United States, establishing operations in Arizona and Texas as trade tensions rise and new tariffs loom under President Donald Trump’s administration. The tech giant announced that its latest Blackwell chips are now being produced at Taiwan Semiconductor Manufacturing Company (TSMC) facilities in Phoenix. […]

Nvidia Skips China in Forecasts as Chip War Escalates

June 18, 2025

Catenaa, Wednesday, June 18, 2025- Nvidia chief executive said the company has stopped factoring China into its revenue forecasts, citing mounting US export restrictions that cost the chipmaker an estimated $2.5 billion in first-quarter revenue. Despite the losses, CEO Jensen Huang made a high-profile appearance in Beijing this week as Chinese automakers accelerate efforts to […]

Nvidia Starts Selling Shares Under Huang’s $865M Plan

June 24, 2025

Catenaa, Tuesday, June 24, 2025- Nvidia has started selling its stock under a plan by CEO Huang that allows it to offload up to $865 million worth by year’s end. Chief Executive Officer Jensen Huang disposed of 100,000 shares over two days on June 20 and June 23, for $14.4 million, according to a filing […]

Nvidia Stock Falls as Huang’s Roadmap Fails to Impress

March 19, 2025

Catenaa, Wednesday, March 19, 2025– Nvidia stock declined 3.4% on Tuesday despite a high-energy keynote from CEO Jensen Huang as investors appeared unimpressed with Nvidia’s future roadmap. During his two-hour presentation, Huang unveiled the company’s roadmap for the next two years, providing updates about its Blackwell and next generation Rubin chips, while also showcasing cutting edge AI tech […]

Nvidia Stock Holds Steady Ahead of Key Earnings Report

May 22, 2025

Catenaa, Friday, May 23, 2025-Nvidia stock remained mostly flat this week as investors await the AI chipmaker’s fiscal first-quarter earnings scheduled for May 28. Shares closed down 1.9% Wednesday at $131.80 after earlier gains, reflecting cautious sentiment ahead of the report. At the Computex trade show in Taiwan, CEO Jensen Huang unveiled new developments in […]

Nvidia Stock Records All Time High, Market Cap At $3.7T

June 26, 2025

Catenaa, Thursday, June 26, 2025- Nvidia Stock rose to an all-time high on Wednesday as it gained over 4% pushing the company’s market cap to about $3.77 trillion. The AI chipmaker cements the company as one of the most valuable companies in the world. The record is only the latest milestone for the company has […]

Nvidia Stock Soars After US-Saudi AI Deal, Pushing Valuation Past $3 Trillion

May 14, 2025

Catenaa, Wednesday, May 154, 2025-Nvidia’s stock surged as much as 6.4% on Monday, reaching an intraday high of $130.99 per share, after the company announced a strategic partnership with Saudi Arabia’s Humain, a subsidiary of the kingdom’s Public Investment Fund. The surge helped Nvidia’s market capitalization climb back above $3 trillion, marking its highest valuation […]

Nvidia To Ramp Up Supply Of H20 And Other Chips To China

July 16, 2025

Catenaa, Wednesday, July 16, 2025- Nvidia will ramp up the supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the Chinese market. “I hope to get more advanced chips into China. Today H20 is still incredibly good, but in coming years, whatever we are allowed to sell […]

Nvidia Tops Q4 Revenue Forecasts but Investors Worry

February 27, 2025

Catenaa, Thursday, February 27, 2025- Nvidia has beaten Wall Street revenue expectations with revenue up by 78% year on year for the fourth quarter that ended in January 2025, while investors watch closely how the chipmaker is weathering DeepSeek’s powerful Al model. Earnings report for Q4 of fiscal year 2025 released on Wednesday showed revenue at $ […]

Nvidia-backed CoreWeave IPO Oversubscribed

March 21, 2025

Catenaa, Friday, March 21, 2025– Nvidia-backed company CoreWeave’s Initial Public Offering on Thursday has oversubscribed after early mutual fund support and one-on-one conversions, Bloomberg reported. Quoting sources, Bloomberg said that the CoreWeaveIPO was oversubscribed, where the offering could raise as much as $2.7 billion at the top of the marketed range. The deal is expected […]

Nvidia’s Huang Declares Moore’s Law Dead at Computex

May 26, 2025

Catenaa, Tuesday, May 27, 2025-Nvidia CEO Jensen Huang has proclaimed the end of Moore’s Law, declaring that modern AI innovation has far surpassed the traditional pace of chip development once defined by it. Speaking at Foxconn’s keynote during Computex, Huang championed Nvidia’s advances in packaging and proprietary interconnect technologies as the new gold standard for […]

Nvidia’s Rise Fueled By Fellow Magnificient Seven Members

May 23, 2025

Catenaa, Friday, May 23, 2025- Nvidia’s rise to center stage has been fueled by the spending of its fellow members of the so-called Magnificent Seven on chipmaker’s AI chips, Bloomberg said. Bloomberg estimates show that Microsoft is the largest driver of Nvidia’s revenue, followed by Meta, Amazon, and Google parent Alphabet, while Tesla is Nvidia’s […]

Supreme Court Greenlights Nvidia Crypto Mining Lawsuit

December 12, 2024

Catenaa, Thursday, December 12, 2024 – The US Supreme Court on Wednesday declined to block a class-action lawsuit against Nvidia Corp., allowing investors to proceed with claims that the chipmaker misled them about its dependency on cryptocurrency mining.  The high court dismissed Nvidia’s appeal as “improvidently granted,” leaving in place a prior federal appeals court […]

Tesla, Nvidia And Tariff Hit Stocks Gain After US-China Deal

May 12, 2025

Catenaa, Monday, May 12, 2025- US stocks such as Tesla and Nvidia, which were battered by the trade war between Trump and China, were trading higher on Monday after talks reduced tariffs. Two days of trade talks between the US and China have led to a 90-day pause on tariffs, with duties set to drop […]

Texas Instruments to Invest $60B+ in US Chipmaking

June 18, 2025

Catenaa, Wednesday, June 18, 2025- Texas Instruments said on Wednesday it would invest more than $60 billion to build and expand seven semiconductor factories in Texas and Utah, as the chipmaker works closely with the Trump administration. Texas Instruments’ investment will be the largest in foundational semiconductor manufacturing in US history, expanding its US manufacturing […]

Top Global Companies Sees Worst Market Value Drop After 2022

April 1, 2025

Catenaa, Tuesday, April 01, 2025- Top 10 global corporations saw a 13.2% decrease in their market value to $18.64 trillion in the first quarter of 2025, LSEG data said on Tuesday, making the biggest drop in market values since June 2022. The prolonged surge in tech stocks, which had been a key driver of equity […]

Trump Warns of Slowdown, US Stocks Drop

April 21, 2025

Catenaa, Monday, April 21, 2025- The US stock market declined on Monday after President Donald Trump warned of economic slowdown unless the Federal Reserve cuts interest rates. “With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the […]

TSMC Injects $10Bn To Manage Exchange Rate Risks

June 26, 2025

Catenaa, Thursday, June 26, 2025- Taiwan Semiconductor Manufacturing Company(TSMC) is set to inject $10 billion in capital into its overseas unit to shore up its currency hedging operations, the company said on Thursday. TSMC Global Ltd, a wholly-owned unit of the world’s largest contract chipmaker, has approved a plan to increase its capital by issuing […]

TSMC Market Cap Surpasses $1 Trillion In Taipei

July 21, 2025

Catenaa, Monday, July 21, 2025- TSMC market value closed above $1 trillion for the first time in Taipei last week, with a raised sales forecast driven by robust artificial intelligence demand. Taiwan Semiconductor Manufacturing Company, main supplier of chips to Apple and Nvidia, saw its Taiwanese shares climb to a record high on Friday, a […]

TSMC Profits Jump By 60% With Demand For AI Chips

July 17, 2025

Catenaa, Thursday, July 17, 2025- TSMC, the world’s largest contract chipmaker, posted a 60.7% jump in second-quarter net profit on Thursday as it benefited from surging demand for semiconductors used in AI applications. Taiwan Semiconductor Manufacturing Company, whose customers include Apple and Nvidia, saw April-June net profit rise to $13.53 billion. “Our business in the […]

TSMC Q2 Revenue Hits $32B Amid Soaring AI Demand

July 10, 2025

Catenaa, Thursday, July 10, 2025- Taiwan Semiconductor Manufacturing Company(TSMC) reported on Thursday second-quarter revenue of $31.9 billion, beating market forecasts, as demand for the company’s products leaps on surging interest in AI applications. The world’s largest contract chipmaker, which sells to Nvidia and Apple, climbed to $31.9 billion for the three months, based on its […]

TSMC Reports a 42% Increase In Revenue First Quarter

April 10, 2025

Catenaa, Thursday, April 10, 2025- TSMC, the world’s largest contract chipmaker, reported $ 25.55 billion net revenue in the first quarter on Thursday, beating market forecasts, as the company reaps the benefit from artificial intelligence demand. In the January-March period, Taiwan Semiconductor Manufacturing Co (TSMC) posted revenue of 839.25 billion Taiwan dollars, about $25.5 billion, […]

TSMC Reports Strong Q4 Earnings, Expects More in 2025

January 17, 2025

Catenaa, Friday, January 17, 2025 – Taiwan Semiconductor Manufacturing Company (TSMC) announced a strong fourth-quarter performance, with revenue of NT$868.46 billion (US$26.88 billion) for the period ending December 31, 2024. The company reported a 38.8% year-over-year increase in revenue, with net income rising 57.0% to NT$374.68 billion and earnings per share (EPS) hitting NT$14.45 (US$2.24 […]

US Lifts Restrictions On Chip Design Software on China

July 3, 2025

Catenaa, Thursday, July 03, 2025- US has lifted recent export license requirements imposed by the Trump administration for chip design software sales in China, as part of the deal between Washington and Beijing. The US Commerce Department informed the world’s three leading semiconductor design software providers, Synopsys Inc., Cadence Design Systems Inc. and Germany’s Siemens […]

US Stocks Fall On Fears Of War Escalation In Middle East

June 13, 2025

Catenaa, Friday, June 13, 2025- US stocks fell on Friday as Israel’s attack on Iran’s nuclear facilities shook global markets, leading oil prices and gold prices to spike amidst uncertainty. The Dow Jones Industrial Average tumbled roughly 1.4%, the S&P 500 dropped 0.9%, while the Nasdaq Composite fell by 0.9%, as investors withdrew from riskier […]

US Stocks Rebound On Reports Of Easing Tensions In Middle East

June 16, 2025

Catenaa, Monday, June 16, 2025- US stocks rebounded sharply on Monday after a selloff on Friday, amid a report that Tehran is looking to de-escalate the conflict with Israel. The Dow Jones Industrial Average rose roughly 1.1% %, while the S&P 500 also moved up 1.1%. The Nasdaq Composite gained 1.5%. The cautious optimism follows […]

US Stocks Surge After Trump Backs Fed Chair Powell

April 23, 2025

Catenaa, Wednesday, April 23, 2025- US stocks were up across the board on Wednesday after President Trump said that he has no intention of firing Fed Chair Jerome Powell. Market also reacted to reports that Trump is considering slashing steep tariffs on China, even though Treasury Secretary Scott Bessent denied the claims and said that […]