US News

US Strategically Permits Nvidia Chip Sales to China to Safeguard AI Leadership

The US has allowed Nvidia to continue H20 chip shipments to China, aiming to maintain its AI leadership and slow China's chip innovation. NEC Director Kevin Hassett discusses the s...

US vs. China in AI Standards: Commerce Secretary Lutnick Highlights American Leadership

US Commerce Secretary Howard Lutnick discusses the competition between US and China in setting AI standards, emphasizing US leadership and strategic goals to maintain technological...

US AI Czar Advocates Against Advanced Semiconductor Sales to China Over Tech Dominance Fears

David Sacks, US AI and crypto czar, opposes selling advanced semiconductors to China, citing risks to US tech leadership. Amidst Nvidia and AMD's sales anticipation, Sacks calls fo...

US Approves $280M Patriot Air Defense System Sale to Romania, Strengthening NATO's Eastern Flank

The US has approved a $280 million sale of a Patriot Air Defense System to Romania, including radar, control stations, and support equipment, to enhance NATO's eastern flank securi...

US Approves $280M Patriot System Sale to Romania, Bolstering NATO's Eastern Flank Defense

The US has approved a $280 million sale of a Patriot Air Defense System to Romania, including radar, control stations, and support equipment, to enhance NATO's defense capabilities...

US Pushes for Zero Tariff on Car Imports in India, A Move That Could Benefit Tesla

The US is pushing for zero tariffs on car imports in India, potentially benefiting Tesla. India considers tariff reductions amidst high import duties, with negotiations aiming for ...

December Sees a 2.2% Surge in US Existing Home Sales, Marking the Highest Since June 2021

US existing home sales rose by 2.2% in December, reaching a seasonally adjusted annual rate of 4.38 million, the highest since June 2021, indicating a strong recovery in the housin...

US Personal Spending Surges by 0.4% in November: A Closer Look at the Numbers

The US Bureau of Economic Analysis reports a 0.4% increase in personal consumption expenditures in November, with the PCE price index rising by 0.1% monthly and 2.4% annually.

US Set to Tighten AI Chip Export Rules to Block China's Access

The US plans to tighten export rules on AI chips to block China's access through third-party countries, targeting high-bandwidth memory chips essential for AI model training.