China’s economy faces ‘steep climb’ despite positive export surprise: HSBC

China’s economy faces ‘steep climb’ despite positive export surprise: HSBC

Hong Kong Observation Wheel, and the Hong Kong and Shanghai Bank, HSBC Building, Victoria Harbour, Hong Kong, China. UCG | Universal Images Group | getty images Despite stunning growth in exports, the Chinese economy still has a “steep climb” to go and is unlikely to get a boost from further fiscal stimulus, according to HSBCFrederick […]

Nvidia Corp’s demand soars as AI fuels steep fall forecast

Nvidia Corp’s demand soars as AI fuels steep fall forecast

by Ian King Chip maker Nvidia Corp., at the center of an industrywide race toward artificial intelligence computing, delivered its third consecutive sales forecast, beating Wall Street estimates on rising demand for its AI processors. Shares rose more than 6% in extended trading after Nvidia said it would sell about $16 billion in the […]