American chipmaker shaping wireless tech
Global stock markets have rallied to new highs, driven by optimism over US-Iran peace talks and signs of economic resilience. The S&P 500 and Nasdaq have posted record streaks, while the chip sector continues its record-breaking rally, despite ongoing geopolitical uncertainties and recent war-related disruptions.
Nvidia CEO Jensen Huang has joined President Trumps delegation to China and has been pictured in Beijing; the trip has been focusing on trade, AI export controls and Iran. China has not approved any purchases of Nvidias H200 chips and is continuing to push domestic chip development while U.S. export controls remain in place.
Funds are flowing into India's AI and data infrastructure, with CPP Investments buying a stake in CtrlS and backing a joint venture to expand hyperscale data centers. Sarvam raises to push sovereign AI platforms; Coram and Neura Robotics show ongoing growth in physical AI and robotics. The wave signals India’s push to become a global AI infrastructure hub.