Increased collaboration with Nvidia has pushed investor optimism over the AI growth potential for MediaTek to a new level.
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Tencent made the move after the tech firm was added to a US blacklist for alleged links to the Chinese military.
The US’s latest move to expand its list of Chinese military companies risks doing more than tanking the shares of some of its most valuable companies.
Naspers plunged after news emerged that the US had designated China’s Tencent as a military company operating in the US.
The American defence department has designated the technology firm a Chinese military company operating in the US.
For the first time since 2016, the rand has found itself among the best performing emerging market currencies.
Prosus chairman Koos Bekker plans to use the money to fund building operations at hotels in South Africa, the UK and Italy.
Broadcom’s massive rally after last week’s earnings report is reminiscent of when Nvidia shares first started to take off back in 2023.
Broadcom is predicting a huge expansion in demand for chips that power AI – and the market, for now, is buying it all the way.
Warren Wheatley and Stafford Masie tell the TechCentral Show about their involvement in a bid to buy into the Springboks.