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By Stephen Nellis SAN FRANCISCO (Reuters) -Cornelis Networks on Tuesday released a suite of networking hardware and software aimed at linking together up to half a million artificial intelligence chips. Cornelis, which was spun out of Intel in 2020 and is still backed by the chipmaker’s venture capital fund, is targeting a problem that has …

Cornelis Networks releases tech to speed up AI datacenter connections Read More »

By Manya Saini (Reuters) -A majority of U.S. business owners are worried about supply chain disruptions from President Donald Trump’s sweeping tariffs, a survey by insurance brokerage Gallagher showed on Tuesday. WHY IT’S IMPORTANT The findings come as Trump’s tariff policies raise fears of renewed trade friction, posing risks of strained operations, higher costs and …

Trump tariffs stoke supply chain worries for US businesses, survey shows Read More »

By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom has begun to ship its latest networking chip that aims to speed AI, the company said on Tuesday. The chip, called the Tomahawk 6, boasts double the performance compared with the prior version and other traffic control features that make the networking chip significantly more efficient, Ram …

Broadcom ships latest networking chip to speed AI Read More »

By Rajesh Kumar Singh NEW DELHI (Reuters) -Alaska Airlines CEO Ben Minicucci said the company’s pricing power has not recovered yet even as its bookings have stabilised following economic uncertainty that led to volatility in the first quarter. Still, Minicucci said the company expects to report a profit this year. In the current quarter, the …

Alaska Airlines CEO expects full-year profit despite pricing struggles Read More »

TAIPEI (Reuters) -Taiwan continues to “communicate closely” with the United States on tariff talks, but cannot give more information at this point, the island’s government said on Tuesday. Taiwan, a semiconductor powerhouse that runs a large trade surplus with the U.S., had been due to be hit with a 32% U.S. import tax until President …

Taiwan continues to ‘communicate closely’ on tariff talks with US Read More »

By Laurie Chen and Aditi Shah BEIJING/NEW DELHI (Reuters) – Diplomats, automakers and other executives from India, Japan and Europe were urgently seeking meetings with Beijing officials to push for faster approval of rare earth magnet exports, sources said, as shortages threatened to halt global supply chains. A business delegation from Japan will visit Beijing …

Diplomats, automakers push Beijing to loosen rare earth magnet export restrictions Read More »

(Reuters) -Futures tied to Canada’s main stock index fell on Tuesday, mirroring Wall Street peers, as concerns over erratic U.S. trade policies clouded investor sentiment. The S&P/TSX index futures were down 0.5% at 6:21 am ET (1021 GMT). On Monday, the White House said that U.S. President Donald Trump and Chinese leader Xi Jinping will …

TSX futures slip as trade tensions rise, uncertainty lingers Read More »

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today The dollar and U.S. Treasuries found their footing on Tuesday after a rough start to the week, but stocks remained edgy due to a mix of trade war concerns and spluttering factory activity. I’ll discuss this and all of today’s market …

Morning Bid: Trump and Xi’s big chat Read More »

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -The U.S. has sent a “long” list of “tough” requests to Vietnam in its tariff negotiations, including demands that could force the country to cut its reliance on Chinese industrial goods imports, two people briefed about the matter told Reuters. Washington wants Vietnam-based factories to reduce their …

Exclusive-US made ‘tough’ requests to Vietnam in trade talks, sources say Read More »