Nvidia Is Planning a New China Chip: Report. Why It Might Not Help the Stock.

A fresh week and a fresh start for Nvidia’s stock. After a rare bad few days for the chip maker it was rising early Monday following a report of a new AI processor for the Chinese market. It serves as a reminder of its capacity for innovation but also the political challenges it faces. Read More...

Western miners push for higher metals prices to ward off Chinese rivals

SALMON-CHALLIS NATIONAL FOREST, Idaho (Reuters) – The only U.S. cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global markets with cheap supplies of the bluish metal used in electric vehicle batteries and electronics. Jervois Global, which dug the mine into the side of a nearly 8,000-foot (2,400-meter) mountain, watched helplessly last year as cobalt prices plunged after China’s CMOC Group opened the Kisanfu mine in the Democratic Republic of Congo, pushing global production of the metal to an all-time high. The Idaho site, which Jervois bought in 2019, was idled in June 2023 just weeks before it was set to open.

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