Global semiconductor stocks retreated after President Donald Trump and Chinese President Xi Jinping wrapped up their summit without announcing major chip agreements or a clear breakthrough on NVIDIA Corp’s (NASDAQ:NVDA) China business, dampening investor expectations across the AI supply chain.
President Donald Trump has reportedly pushed for broader access to China’s financial market for U.S. credit card companies. During talks with Chinese President Xi Jinping, Trump raised concerns about the limited access these companies face in China’s credit card market.
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California's Governor Gavin Newsom proposed a tax on digital prewritten software, aimed at creating a level playing field between online and in-store software purchases.
Governor Gavin Newsom unveiled a new EV rebate program in the state that could provide a major boost to Tesla Inc.‘s (NASDAQ:TSLA) Semi truck sales.
