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Today's News | 11/10/25

Nvidia’s Blackwell Surge: Huang Eyes AI Boom Amid TSMC Wafer Rush

Nvidia CEO Jensen Huang reports surging demand for Blackwell AI chips, prompting increased TSMC wafer production amid supply constraints. Partnerships with memory giants are ramping up, but shortages loom as AI needs grow. This positions Nvidia at the forefront of the tech revolution.

AI’s Silent Axe: U.S. Firms Eye Jobless Growth Surge

As AI drives efficiencies in U.S. firms, over 950,000 jobs face cuts in pursuit of 'jobless growth,' warns Nikkei. Reports from Fortune, Reuters, and others detail layoffs at Amazon and beyond, signaling a shift where productivity rises without hiring. This trend poses challenges for workers and the economy.

Trump’s Iron Wall: Blocking Nvidia AI Chips to China

The Trump administration blocked Nvidia's efforts to export advanced AI chips to China, prioritizing national security amid talks with Xi Jinping. Despite CEO Jensen Huang's lobbying, restrictions on Blackwell processors remain, highlighting U.S. efforts to maintain AI dominance. This decision underscores ongoing tech rivalries and smuggling challenges.

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Buffett’s Berkshire Cash Hits $382B, Signaling Market Caution

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U.S. Greenlights Nvidia AI Chips for UAE via Microsoft Deal

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Palantir’s AI Boom Fuels Q3 2025 Earnings Explosion

Palantir Technologies reported explosive Q3 2025 earnings with $1.18 billion in revenue, up 63% year-over-year, driven by AI platform adoption. U.S. commercial revenue surged 121%, boosting net income to $476 million. The company raised full-year guidance, signaling strong momentum in AI-driven sectors.