NVDA Jan 2025 60.000 put
- Yahoo Finance
Intel reports better than expected Q1 earnings but falls short on revenue outlook. Stock slides more than 5%.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.
- Investor's Business Daily
Dow Jones Futures: Microsoft, Google Jump; New Market Rally Still Must Do This
Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Wednesday amid Meta's sell-off.
- Reuters
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
Beijing city authorities have announced subsidies for firms that purchase domestically produced artificial intelligence (AI) chips, as China seeks to develop its semiconductor industry and reduce reliance on foreign technology. The sizes of subsidies were not specified in a document outlining the initiative by the Beijing Municipal Bureau of Economy and Information Technology dated April 24. "Companies that purchase domestically controlled GPU chips for intelligent computing services will receive support based on a certain percentage of their investment," the document showed, referring to chips known as graphics processing units (GPUs).
