Author: i2wtc

BEIJING — U.S. chip giant Nvidia has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals.”While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any revenue,” Nvidia’s CFO Colette M. Kress said on an earnings call Wednesday local time, according to a FactSet transcript. “We do not know whether any imports will be allowed into China,” she said.China once accounted for at least one-fifth of Nvidia’s data center revenue.Global AI disruptionThe semiconductor…

Imran Khan with his former brother-in-law Zac Goldsmith outside Kingston mosque, London, in 2009. PHOTO: Newsquest SL Zac Goldsmith, a former UK Foreign Office minister and former brother-in-law of PTI founder Imran Khan, has raised concerns in the UK parliament over Khan’s treatment in prison, urging the British government to ensure he receives fair treatment amid reports of deteriorating health. Speaking during a motion laid out by Baroness Alexander of Cleveden of the Labour Party, Goldsmith said that while Khan’s case was an internal matter for Pakistan, the denial of basic human rights could not be ignored. The motion highlighted…

Curfew imposed in Jandola; school hit by drone in North Waziristan, no casualties reported DERA ISMAIL KHAN: A security personnel was martyred in a drone attack on a check post in Tank district, while three abducted brothers were found dead in Bannu and a separate drone strike hit a school in North Waziristan, officials said on Thursday. In Tank, Naik Nadeem was martyred when terrorists targeted a security forces check post in Khyber-Pakhtunkhwa’s Tank district late Wednesday night, the Counter Terrorism Department (CTD), K-P – Dera Ismail Khan Region, said in an official statement. According to the CTD, the attack took…

“Software is already eating AI” and will continue to do so, according to HSBC, with the bank shrugging off recent market fears about the sector being displaced by artificial intelligence. Software stocks plunged earlier this month as widespread concerns that AI could make software-as-a-service, or SaaS, business models obsolete, sparked a sell-off and warnings of an impending ” SaaSpocalypse .” But in a Tuesday note, analysts at HSBC said they do not expect that software will be usurped by AI, and will instead be a major beneficiary of its development. Consumer AI platform developers — like Google parent firm Alphabet…

Says enough is enough – anyone who cannot carry the weight of the founder’s narrative should step aside Aleema Khan, sister of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, on Wednesday strongly criticised the party leadership for its inaction regarding her brother’s release from prison and his deteriorating health, saying those unable to shoulder the burden of the founder’s narrative should step aside. “The party seems relaxed as if the founder’s treatment has already been completed. We are not seeing any action from PTI on his health matters. Enough is enough – anyone who cannot carry the weight of the founder’s…

Nvidia on Wednesday delivered strong quarterly results to cap off its fiscal year, outdone only by the chip giant’s outlook for the current quarter, in a sign the AI boom continues apace. Revenue in the company’s fiscal 2026 fourth quarter increased 73% year over year to $68.13 billion, outpacing the $66.2 billion the Street was looking for, according to estimates compiled by data provider LSEG. Adjusted earnings per share (EPS) increased 82% to $1.62, also exceeding the consensus estimate of $1.53, per LSEG data. Shares of Nvidia were slightly lower in extended trading, down about 50 cents apiece to $195.35.…

Says federal government will extend all possible support to ensure early completion of projects in the provincePrime Minister Shehbaz Sharif meets Sindh Chief Minister Murad Ali Shah at the PM Office on Wednesday. Photo: APP Prime Minister Shehbaz Sharif on Wednesday assured the Sindh government of complete federal cooperation for the timely completion of development projects in the province. The meeting with Sindh Chief Minister Murad Ali Shah took place against the backdrop of growing tensions between federal coalition partners Muttahida Qaumi Movement–Pakistan (MQM-P) and the Pakistan Peoples Party (PPP) over governance and infrastructure issues in Karachi following the Gul Plaza…

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025.Patrick T. Fallon | Afp | Getty ImagesNvidia CEO Jensen Huang said Wednesday markets have miscalculated the AI threat to software companies, hours after the chip behemoth issued an upbeat sales forecast on strong AI demand. “I think the markets got it wrong,” Huang told CNBC’s Becky Quick, pushing back on fears that AI agents will cannibalize the enterprise software industry.Instead, he expects a broad swath of software firms to use agentic AI to develop their software and boost efficiency.…

Report says India loses at least one journalist to work-related killings each year KARACHI: The Committee to Protect Journalists (CPJ) has documented a second consecutive year of record fatalities, driven largely by Israel’s ongoing assault on Gaza and what it calls an unprecedented campaign against the press. The New York-based media freedom watchdog says more than 60% of the 86 journalists killed by Israeli fire in 2025 were Palestinian reporters covering the war from inside the war-torn enclave, where UN experts and human rights organisations have described the scale and pattern of violence as amounting to genocide. According to the…

Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesNvidia just reported its 11th straight quarter of revenue growth above 55% as the leading tech names keep snapping up the company’s AI chips. Already the world’s most valuable public company, growth is now reaccelerating.In its earnings report Wednesday, Nvidia said year-over-year…