Friday, July 31, 2026

Nvidia and Other Chipmakers See Losses After Microsoft Cancels Data Center Projects

Microsoft’s data center cuts led to a 2% drop in the Philadelphia Semiconductor Index, impacting major stocks like Nvidia and AMD.

Domestic Refiners are Skeptical Despite U.S. Extension of Sanctions Relief on Russian Oil

South Korea's oil supply faces uncertainty due to Middle East conflicts and EU sanctions, prompting refiners to seek alternative routes.

ChatGPT Changed the Game—Now China’s AI Sector is Cooling Fast

Alibaba's Daniel Zhang warns of an AI infrastructure bubble as demand lags behind supply, impacting China's tech landscape.

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