Author: i2wtc

Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia, which has so far dominated the market for AI semiconductors.The AI chips are a shift from Qualcomm, which has thus far focused on semiconductors for wireless connectivity and mobile devices, not massive data centers.Qualcomm said that both the AI200, which will go on sale in 2026, and the AI250, planned for 2027, can come in a system that fills up a full, liquid-cooled server rack.Qualcomm is matching Nvidia and AMD, which offer their graphics processing units, or GPUs, in full-rack systems that allow…

Customers shop at a market in Zaozhuang City, east China’s Shandong Province, Oct. 15, 2025.  (Photo by Sun Zhongzhe/Xinhua)BEIJING, Oct. 27 (Xinhua) — China’s wholesale and retail sectors posted solid growth in the first nine months of 2025, providing sound support for expanding domestic demand in the country, the commerce ministry said on Monday.From January to September, the added value of China’s wholesale and retail trade grew by 5.6 percent from a year earlier to reach 10.5 trillion yuan (about 1.48 trillion U.S. dollars), which accounted for 10.3 percent of the country’s gross domestic product, said an official with the…

Meta has launched Meta AI, in Urdu, for users in Pakistan, to accelerate the country’s digital transformationMeta signs 20-year deal with Constellation Energy for nuclear power from Illinois plant. PHOTO: FILE Meta has launched its artificial intelligence assistant, Meta AI, in Urdu for users in Pakistan, as part of efforts to accelerate the country’s digital transformation, the company announced on Monday. The announcement was made at the “Future in Focus: AI and Innovation” event, held in collaboration with the Ministry of Information Technology and Telecommunication (MoITT). The company also unveiled experimental programmes for AI education and government digital transformation. “These…

U.S. President Donald Trump looks on next to people waving Malaysian national flags before he departs on Air Force One from Kuala Lumpur International Airport in Sepang on Oct. 27, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Art of the dealPresident Donald Trump’s administration zeroed in on his tariff policies over the weekend. After pausing trade talks with Canada last week, Trump headed to Asia for a summit with world leaders and announced trade agreements…

U.S. President Donald Trump looks on next to Russian President Vladimir Putin during a press conference following their meeting to negotiate an end to the war in Ukraine, at Joint Base Elmendorf-Richardson, in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | ReutersRussia’s testing of an “invincible” nuclear-powered cruise missile with a potentially “unlimited range” has been met with a less-than impressed response from U.S. President Donald Trump as a new cold front opens up between the countries.Russia announced Sunday that it had successfully tested a new nuclear-powered cruise missile, the 9M730 Burevestnik (or ‘Storm Petrel’), on Tuesday last week.It…

Authorities say the explosive had been planted on a motorcycle and detonated remotely TURBAT/ BALOCHISTAN: A bomb targeting the convoy of Kech Deputy Commissioner Major (retd) Bashir Barech in Turbat, Balochistan, on Monday injured eight people, including Levies Force. Kech Senior Superintendent of Police Captain (retd) Zohaib Mohsin said a remote-controlled device, planted on a motorcycle, was detonated as the convoy passed Press Club Road. The deputy commissioner remained unharmed, though one vehicle in the convoy was severely damaged. Police and Frontier Corps personnel are investigating the attack. The injured were rushed to a nearby hospital, and police confirmed that…

Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty ImagesLululemon is partnering with the NFL to launch an apparel collection for all 32 NFL teams. It will mark the first time the retailer has offered officially licensed products for the NFL or any of its franchises.The collection, set to launch Tuesday, will include both men’s and women’s apparel and accessories with NFL team marks, including some of Lululemon’s most notable products such as its Steady State men’s franchise and women’s styles from Define, Scuba and Align.Lululemon, long known for its roots in…

* Chinese companies are setting their sights on the Middle East and emerging as key players in the region’s quest for diversified growth.* Analysts say that the rapid expansion of Chinese companies in the Middle East and the region’s growing receptiveness toward them are reinforcing each other in a mutually beneficial cycle.RIYADH, Oct. 27 (Xinhua) — For Sazzad Abdul Hannan, a chauffeur in the Saudi capital, the deepening economic ties between China and Saudi Arabia are no longer distant headlines — they play out every day from the driver’s seat.”In the past, most of my clients were locals or Europeans,”…

Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023.Justin Sullivan | Getty ImagesOpenAI’s head-spinning investments announced in recent months have led to increased scrutiny of the hyperscalers, which are all racing to develop infrastructure for the accelerating artificial intelligence boom.Investors are about to get a lot of new information to digest.Microsoft, Alphabet, Meta and Amazon announce quarterly results this week. While they all have very different businesses – and compete in certain areas – Wall Street is going to be laser focused on one…

U.S. President Donald Trump waits for Australia’s Prime Minister Anthony Albanese’s arrival at the White House in Washington, D.C., U.S. October 20, 2025. Kevin Lamarque | ReutersU.S. President Donald Trump said on Monday he had undergone an MRI examination, without saying why.”It was perfect,” he told reporters on board Air Force One en route to Tokyo.A magnetic resonance imaging scan uses magnets and radio waves to create detailed images of the inside of the body. It can be used to monitor a range of conditions.Trump, 79, was the oldest person to be inaugurated as U.S. president when he retook the…