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China, others can’t have Nvidia’s AI chips: Trump

Financial Express Hyderabad

|

November 04, 2025

ARTIFICIAL INTELLIGENCE GIANT Nvidia’s most advanced chips will be reserved for US companies and kept out of China and other countries, US President Donald Trump said.

- REUTERS

During a taped interview on CBS and in comments to reporters aboard Air Force One, Trump said only US customers should have access to the top-end Blackwell chips offered by Nvidia, the world’s most valuable company by market capitalization.

“The most advanced, we will not let anybody have them other than the US,” he told CBS, echoing remarks made earlier to reporters as he returned to Washington from a weekend in Florida. “We don’t give (the Blackwell) chip to other people,” he said during the flight.

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Financial Express Hyderabad

Vi arm VITIL raises ₹3,300 cr

DEBT-RIDDEN VODAFONE Idea on Thursday said its subsidiary VITIL has completed a ₹3,300-crore fundraise by way of issuing non convertible debentures.

time to read

1 min

December 19, 2025

Financial Express Hyderabad

'We are scaling up expansion at Flipkart Minutes'

Flipkart Minutes, the quick commerce arm of Flipkart, plans to add around 500 new dark stores in the next three months.

time to read

2 mins

December 19, 2025

Financial Express Hyderabad

Outward FDI contracts in Nov

OUTWARD FOREIGN DIRECT investment by Indian companies contracted 31% on-year to $2 billion in November this year as compared with $2.9 billion in the same month last year, an RBI data show.

time to read

1 min

December 19, 2025

Financial Express Hyderabad

ECB holds policy rates steady, turns positive on economy

Policymakers agreed there was no set date for any move. It was a unanimous view. With the degree of uncertainty we are facing, we simply cannot offer forward guidance

time to read

1 min

December 19, 2025

Financial Express Hyderabad

‘Consumer durables, education & travel lift credit card spending'

SALILA PANDE, MD AND CEO, SBI CARD

time to read

3 mins

December 19, 2025

Financial Express Hyderabad

Securities market Bill in LS

UNDERTHE BILL, the strength of the Sebi board will increase from nine to 15 members. The Code also provides a framework for inter-regulatory coordina- tion, including for the listing of non-traditional securities, and introduces regulatory sand- boxes to facilitate innovation in financial products, contracts and services. In addition, Sebi will be mandated to follow a transparent and consultative process while issuing subordi- nate legislation, conduct peri- odic reviews of regulations, and carry out regulatory impact assessments.

time to read

2 mins

December 19, 2025

Financial Express Hyderabad

Mohun Bagan suspended, fined over $100Kby AFC

MOHUN BAGAN SUPER

time to read

1 mins

December 19, 2025

Financial Express Hyderabad

More pressure likely for GIC Re

THE REDUCTION IN capital requirements for foreign reinsurance branches (FRBs) under the latest Insurance Amendment Bill is expected to attract more overseas players into the ₹98,000-crore domestic reinsurance market.

time to read

1 mins

December 19, 2025

Financial Express Hyderabad

‘Bike taxis have huge headroom to grow’

Uber India's two-wheeler business is now its fastest-growing segment.

time to read

1 min

December 19, 2025

Financial Express Hyderabad

IndiGo to face CCI probe over flight cancellations

THE COMPETITION COMMISSION of India (CCI) on Thursday said it has decided to begin an inquiry into IndiGo after receiving a complaint related to the recent flight disruptions.

time to read

1 min

December 19, 2025

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