By Arsheeya Bajwa (Reuters) – AMD investors will closely examine the chip designer’s artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech’s shift to custom silicon raises doubts about its place in the AI infrastructure race. Analysts expect AMD’s December-quarter revenue to surge over 22% to $7.53 billion, but the company’s…
OSLO (Reuters) – Tesla lost market share in Sweden and Norway in January, car registration data showed on Monday as the U.S. electric vehicle maker faces a test of popularity following billionaire CEO Elon Musk’s high-profile foray into politics. A total of 405 new Teslas were registered in Sweden last month, down 44% from January…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. President Donald Trump’s initial tariff actions against Canada, Mexico and China sparked a rise in broad market volatility and a rush to take guard against increased ructions across asset classes from stocks to currencies. The U.S. President’s weekend orders for additional levies of 25% on imports…
By David Brunnstrom WASHINGTON (Reuters) – U.S. President Donald Trump’s administration is considering merging the U.S. international aid agency (USAID) into the State Department in a major revamp that would shrink its workforce and align its spending with Trump’s “America First” policy. Trump has entrusted Elon Musk, the billionaire heading his drive to shrink the…
