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Nvidia’s advanced B300 AI servers are now reportedly selling for nearly $1 million each in China, almost double their U.S. price, as tighter American export restrictions and anti-smuggling enforcement create severe supply shortages. According to industry sources, the scarcity has transformed the B300 into one of China’s most expensive and sought-after AI computing assets. The […]
Qualcomm shares climbed more than 13% after investors responded positively to CEO Cristiano Amon’s confidence in a coming rebound for the smartphone market and the company’s aggressive push into AI and data center chips. Despite issuing a weak third-quarter forecast, Qualcomm’s broader growth narrative centered on diversification beyond traditional smartphone dependency helped restore investor confidence. […]
Blue Owl Capital sold roughly half of its SpaceX investment at a $1.25 trillion valuation, locking in about a 10x return, according to co-CEO Marc Lipschultz. Blue Owl originally invested $27 million in SpaceX equity in 2021 through one of its technology finance funds after first building ties as an early lender. The firm’s remaining […]