The economic mood has improved markedly after an earlier slump on trade-war fears, the Conference Board's May survey of consumers showed. The survey's headline index jumped to 98, up from 85.7 a month earlier,

The consumer confidence index jumped to 98 in May from a revised 85.7 in the prior month, the Conference Board said Tuesday, the first gain after five straight months of decline.

U.S. consumer confidence improved in May after deteriorating for five straight months amid a truce in the trade war between Washington and China, though households continued to worry about tariffs raising prices and hurting the economy.

New GPU with Blackwell architecture to cost $6,500-$8,000, sources say Previous H20 model for China cost $10,000-$12,000 It will use conventional memory and not need TSMC's advanced packaging, sources say BEIJING/TAIPEI,

Nvidia’s (NVDA) delicate dance in China continues. Amid U.S. export restrictions on its advanced AI chips, the chip giant valued at $3.3 trillion is reworking its product line — again — to maintain its hold on one of its most important markets without crossing Washington.

Nvidia is set to introduce a new AI chipset tailored for the Chinese market, with mass production expected to commence as early as June 2025, reported Reuters citing sources. This move comes in response to US’ export curbs that have impacted Nvidia's ability to sell its high-end H20 model in China.