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Nvidia's Taipei Office Raided As Taiwan's AI Chip-Smuggling Dragnet Results In Arrests
Nvidia's Taipei Office Raided As Taiwan's AI Chip-Smuggling Dragnet Results In Arrests
Taiwanese prosecutors have detained an Nvidia employee and searched the chipmaker's Taipei office, the first time the island's criminal investigation into the diversion of restricted AI hardware to China has reached inside the company whose processors sit at the center of it.
The Keelung District Prosecutors Office said Tuesday it had detained a man surnamed Chang on suspicion of falsifying business documents under the Criminal Code, after investigators searched his home and his workplace on July 24. Prosecutors said...
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May 13, 2026 / Kyle Anzalone
Almost All of Iran’s Missile Positions Near the Strait of Hormuz Are Still Available
The US Intelligence community estimates that Iran maintains nearly all its missiles used to control the Strait of Hormuz. President Donald Trump has claimed that the Iranian military is nearly defeated. Senior officials speaking with The New York Times are alarmed that US intelligence agencies have assessed that Iran has operational access to 30 of […]
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Jun 25, 2026 / Tyler Durden
Services Costs Drag Fed's Favorite Inflation Signal To 3-Year Highs, Savings Rate Holds Near Lows
Services Costs Drag Fed's Favorite Inflation Signal To 3-Year Highs, Savings Rate Holds Near Lows
After accelerating in March and April, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - was expected to rise once again in May.
And it did with the crucial inflation signal up 0.3% MoM (as expected) and up 3.4% YoY (as expected) and at the highest level since Nov 2023...
Services costs picked up again with Durable goods flat and...
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Apr 16, 2026 / Tyler Durden
Gulf Shock May Spark Shortage Of World's Most Critical Industrial Chemical, Used Heavily In Mining
Gulf Shock May Spark Shortage Of World's Most Critical Industrial Chemical, Used Heavily In Mining
Goldman analysts Kyle Shaffer and Amanda Ross provided clients with a broad overview of industrials and natural resources amid energy disruptions in the Gulf area. In the note, they stated that the well-known Gulf energy shock is set to disrupt LNG production in Qatar for years to come. However, they also highlighted another emerging supply crunch that has received far less attention: sulfuric acid.
"Some long-lasting consequences have also started to emerge, including a 3-5 years production...
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