China
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Pentagon sued by Chinese chipmaker CXMT over military listing
CXMT says its DRAM chips are designed for civilian and commercial use.
Tencent unveils AI model it says outperforms Z.ai, Moonshot
Tencent demonstrated Hy4 Preview for game creation, 3D web design, and accounting compliance.
China’s CXMT revenue soars as AI lifts memory prices
CXMT has delivered its next-generation LPDDR6 chips to customers for validation.
MiniMax raises Alibaba cloud spending cap 220%
MiniMax plans to spend up to US$300 million on Alibaba Cloud services in 2025, up from US$115 million.
Nvidia adds $442b in market value on AI growth outlook
Nvidia is now valued at about US$5.5 trillion.
Bilibili Q2 revenue rises 8% to $1.2b
Bilibili’s advertising growth outpaced China’s digital ad market, which grew 12.1% in 2024, according to eMarketer.
Renesas opens Beijing physical AI, robotics lab
The facility will let customers demonstrate, validate, and jointly develop next-generation robotic systems as Renesas expands its physical AI efforts.
Baidu to convert Hong Kong listing to primary status
After the change, it will have a dual primary listing on the Hong Kong Stock Exchange and Nasdaq.
Synopsys lifts 2026 forecast on AI chip tool demand
The higher outlook came weeks after Synopsys said it had received all necessary approvals for its proposed acquisition of Ansys.
Nvidia forecasts $108b revenue, shares fall 1%
Nvidia said gross margin for the current quarter would be about 74%.



