News

Nvidia announces new chip model, outpacing potential competitors

L. R.

3 June 2024 - 17:00

Nvidia’s CEO Jensen Huang announced a new chip planned for 2026 three months after launching a new model.

How strong is Taiwan’s military?

Money.it

3 June 2024 - 15:00

With new tensions between China and Taiwan, the island was surrounded and flown over by 38 Chinese planes. There is fear of escalation and many wonder whether the Taiwanese army is strong enough to defend itself.

Old-age poverty overwhelms Asia (and scares Europe)

Money.it

3 June 2024 - 13:00

In South Korea and Japan, the wealth gap between those over 65 and the rest of the population continues to widen.

OPEC extends oil production cut in desperate attempt to boost prices

L. R.

3 June 2024 - 12:27

OPEC announced a further extension to its year-long oil production cut as global crude prices remain staunchly stable.

China creates $47.5 billion chip fund striving for self-sufficiency

Money.it

31 May 2024 - 13:00

Beijing has created the largest investment fund dedicated to semiconductors. Big Fund III will be able to count on capital of 47.5 billion dollars.