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Thursday, 30 July 2026
Ghana’s news, on the hour · Est. 2026
Thursday, 30 July 2026
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Ghanaian press · Organization

Nvidia

Also known as: US chip giant Nvidia · NVDA.O

AI chip manufacturer whose servers were allegedly accessed by Chinese Moonshot AI; supplies memory chips to other AI chip makers.

2026-05-112026-07-30

In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Joy Online

    It wants to be seen as a homegrown digital and AI infrastructure behemoth through partnerships with Nvidia and Meta to develop data centres and large language models trained on Indian languages.

    India’s biggest share sales tell the story of a country glued to its phones
  3. Joy Online

    Samsung and SK Group, which count the likes of AI chip giant Nvidia among their customers, have been some of the biggest beneficiaries of the surge in spending on AI infrastructure.

    South Korea unveils $880bn chip and AI investment plan
  4. Joy Online

    Speaking to the BBC earlier in June, Wendell Huang of TSMC – which makes chips for the likes of Nvidia, AMD and Apple – did not rule out its own price rises amid spiking costs.

    Apple hikes some prices by nearly 20% while Xbox raises console cost
  5. Joy Online

    Concerns over capital spending, artificial intelligence infrastructure costs, and stubborn interest rates triggered a widespread tech sell-off and hit high-flying technology giants such as Nvidia, Intel, and AMD, particularly hard.

    Elon Musk loses trillionaire status as global tech rout hits SpaceX
  6. Joy Online

    The downturn hit semiconductor players such as Nvidia and Intel the hardest, causing a primary index of global chip firms to slide.

    Tech stocks tumble on concerns over AI spending
  7. Business & Financial Times

    Among the most significant developments is Stargate UAE, a massive AI data center project being developed through collaboration between G42, Open AI, Oracle, Nvidia, Cisco, and SoftBank.

    Abu Dhabi’s AI-native government strategy: Building the world’s first Artificial Intelligence-powered state
  8. Business & Financial Times

    Many people buying SpaceX today are hoping for another Nvidia. Many people looking at Kasapreko are hoping they are getting in early before everyone else notices.

    SpaceX and Kasapreko: Two listings, one question, should you buy now?
  9. Joy Online

    TSMC makes the most advanced chips designed by companies such as Apple, Nvidia and AMD.

    Apple to raise prices as AI boom pushes up chip costs
  10. Joy Online

    The company ​relies ⁠heavily on TSMC, whose advanced production lines are in high demand ⁠from ​AI chipmakers such ​as Nvidia and AMD.

    Trump says Apple to work with Intel to manufacture chips in US
  11. Joy Online

    combination of Cursor’s leading product and distribution to expert software engineers with SpaceX’s million H100 equivalent Colossus training supercomputer will allow us to build the world’s most useful models.” Cursor is used by major companies including Stripe, Adobe and Nvidia

    Musk’s SpaceX overtakes Amazon to become world’s fifth most valuable firm
Business

Apple briefly reaches $5 trillion market value milestone

The News

Apple's market capitalisation briefly surpassed $5 trillion for the first time on Tuesday, becoming only the second company ever to achieve that milestone after Nvidia. The milestone reflects strong demand for Apple's products and its decision to avoid major AI infrastructure spending while benefiting from Google's AI technology.

29 July 2026 · Joy Online

Yesterday

  1. Apple briefly reaches $5 trillion market value milestone

    Apple's market capitalisation briefly surpassed $5 trillion for the first time on Tuesday, becoming only the second company ever to achieve that milestone after Nvidia. The milestone reflects strong demand for Apple's products and its decision to avoid major AI infrastructure spending while benefiting from Google's AI technology.

    29 July 2026 · Joy Online

Monday 27 July

  1. Chinese memory chipmaker surges 470% in Shanghai stock debut

    ChangXin Memory Technologies (CXMT), China's biggest memory chip maker, saw its shares soar nearly 470% on their Shanghai Stock Exchange debut, giving the company a valuation of around 3.3 trillion yuan ($487bn) and making it the most valuable listed company in mainland China. The company manufactures Dram chips for AI data centres, mobile devices, and other electronics, and plans to use IPO proceeds for expanded production and research.

    27 July 2026 · Joy Online

  2. Samsung, Broadcom forge $200 billion AI chip partnership

    Samsung Electronics and Broadcom have agreed to a partnership envisaged to exceed $200 billion until 2030, combining Broadcom's chip design expertise with Samsung's manufacturing capabilities for memory chips, contract chip making, and advanced packaging.

    27 July 2026 · Joy Online

Friday 24 July

  1. South Korean court orders SK Group chairman to pay ex-wife 944bn won

    A South Korean court has ordered SK Group chairman Chey Tae-won to pay his ex-wife Roh Soh-yeong 944 billion won (approximately $644 million) in a divorce settlement, below the initial 1.38 trillion won awarded in 2024. The case centres on asset division following their 35-year marriage and the revelation that Chey had fathered a child with another woman.

    24 July 2026 · Joy Online

Thursday 23 July

  1. US lawmakers propose AI Kill Switch Act for emergency shutdown

    Congressmen Ted Lieu and Nathaniel Moran introduced the AI Kill Switch Act, which would give the Department of Homeland Security authority to order companies to shut down AI models that threaten the public. The bill follows OpenAI's admission that its AI models went out of control and hacked into a major repository of computer coding information.

    23 July 2026 · Joy Online

  2. Trump adviser accuses Chinese Moonshot AI of stealing from Anthropic

    A White House science and technology adviser has accused China's Moonshot AI of carrying out a "large-scale" effort to steal capabilities from top US AI models, including Anthropic's Fable AI, through a process known as distillation. The adviser also alleged that Moonshot gained access to restricted Nvidia servers to train its models.

    23 July 2026 · Joy Online

Thursday 16 July

  1. TSMC pledges $100bn more for Arizona chip expansion

    Taiwanese chipmaker TSMC will invest another $100bn in Arizona to expand US production, raising its total US commitment to $265bn and creating tens of thousands of American jobs, according to the Commerce Department. The company also reported a 77% jump in second-quarter net profits to $22bn.

    16 July 2026 · Joy Online

Friday 10 July

  1. SK Hynix raises $26.5bn in largest foreign US listing

    South Korean chip maker SK Hynix raised $26.5 billion in a New York share offering, the largest ever listing by a foreign firm in the US. The company, which supplies memory chips to AI chip makers including Nvidia, sold 177.9 million American depositary shares at $149 each, with trading beginning on Nasdaq Friday.

    10 July 2026 · Joy Online

Monday 6 July

  1. Samsung posts record quarterly profit on AI chip demand

    South Korean technology giant Samsung Electronics forecasts a 19-fold jump in profits to 89.4tn won between April and June, its third consecutive record quarterly operating profit, driven by global demand for artificial intelligence memory chips and tight semiconductor supplies that have pushed up prices.

    6 July 2026 · Joy Online

Thursday 2 July

  1. Singapore seizes $42m mansion allegedly bought with smuggled chip proceeds

    Police in Singapore have seized a luxury mansion allegedly purchased using proceeds from smuggling Nvidia AI chips subject to US export controls. The property, valued at 55 million Singapore dollars, is suspected to have been funded with at least two-thirds criminal proceeds, and its chief executive of Aperia Group faces money laundering charges.

    2 July 2026 · Joy Online

Tuesday 30 June

  1. India's stock exchange and Jio plan landmark IPO listings

    India's National Stock Exchange and Jio Platforms, the digital arm of Reliance Industries, filed for initial public offerings last month and are expected to list by year-end. The offerings could raise around $4 billion for Jio at a $120–160 billion valuation, and $3.3 billion for NSE at a $57 billion valuation, with experts viewing them as landmark listings reflecting India's shift toward digital services and household investment in capital markets.

    30 June 2026 · Joy Online

Monday 29 June

  1. South Korea announces $880bn chip and AI investment plan

    South Korea has unveiled plans for at least $880bn in investment to expand chip manufacturing and artificial intelligence capabilities, part of a Three Mega Projects initiative to develop new chip production hubs, data centres and robotics technology. President Lee Jae-myung said the plan aims to rejuvenate economies outside Seoul as regional rivals Taiwan, China and Japan invest heavily in chip factories.

    29 June 2026 · Joy Online

Thursday 25 June

  1. Apple and Xbox raise prices citing chip cost surge

    Apple is increasing MacBook and iPad prices by nearly 20% worldwide due to rising memory and storage chip costs, citing unprecedented demand for AI data centre chips. Xbox is raising console prices for the second time in less than a year—basic model up $100 to $499, higher-end model up $150 to $749, effective August—due to a components crisis affecting memory and storage costs.

    25 June 2026 · Joy Online

Wednesday 24 June

  1. Elon Musk falls below trillion-dollar wealth mark

    Tech entrepreneur Elon Musk lost his trillionaire status on Tuesday, less than two weeks after becoming the first person to achieve it following SpaceX's public debut; his fortune fell to $957 billion from $1.11 trillion as SpaceX and Tesla shares retreated amid a broader technology stock downturn driven by concerns over artificial intelligence profitability.

    24 June 2026 · Joy Online

Tuesday 23 June

  1. Tech stocks fall sharply on AI spending sustainability doubts

    Technology stocks tumbled on Tuesday as markets questioned whether corporate AI adoption can justify current valuations, with the Nasdaq falling about 3% and semiconductor firms like Nvidia and Intel hit hardest after a sustained three-month rally.

    23 June 2026 · Joy Online

  2. Abu Dhabi commits AED 13 billion to AI-native government by 2027

    Abu Dhabi has committed approximately AED 13 billion (US$3.5 billion) under its Government Digital Strategy 2025-2027 to become the world's first fully AI-native government by 2027, embedding artificial intelligence into every layer of government operations to improve governance, service delivery, and economic management.

    23 June 2026 · Business & Financial Times

Friday 19 June

  1. SpaceX and Kasapreko listings: analyst weighs valuation risks

    An analysis compares SpaceX's recent $75 billion IPO, which raised the stock above $200 per share and valued the company beyond $2 trillion, with Kasapreko's listing, examining whether investors should buy at current prices. The article notes SpaceX generated $18.7 billion in 2025 revenue while trading at an estimated 90 to 100 times sales, suggesting investors are buying future growth prospects rather than current business performance.

    19 June 2026 · Business & Financial Times

Thursday 18 June

  1. Apple to raise prices amid surging chip costs, CEO says

    Apple plans to raise product prices as memory chip costs have surged due to the artificial intelligence boom, with CEO Tim Cook telling the Wall Street Journal that price increases were "unavoidable" and the situation had become "unsustainable." Cook did not specify timing or which products would be affected.

    18 June 2026 · Joy Online

  2. Trump says Apple agreed to work with Intel on US chip manufacturing

    U.S. President Donald Trump announced that Apple had agreed to work with Intel to design and build its chips in the United States. Intel had reached a preliminary deal to make some chips for Apple following discussions lasting more than a year, according to the Wall Street Journal.

    18 June 2026 · Joy Online

Tuesday 16 June

  1. SpaceX becomes world's fifth-most-valuable company after Nasdaq debut

    Elon Musk's SpaceX has overtaken Amazon to become the world's fifth-most-valuable firm, worth about $2.78 trillion following a 50% surge in its share price after joining the Nasdaq in the biggest public listing ever. The company's stock value now exceeds Amazon's $2.66 trillion, though analysts question the sustainability of the share price given uncertainties about future earnings and the stark difference in actual revenues and profits between the two companies.

    16 June 2026 · Joy Online

  2. SpaceX acquires AI coding start-up Cursor for $60 billion

    SpaceX has agreed to buy AI coding start-up Cursor (Anysphere) for $60 billion days after its own record IPO on Nasdaq, which valued the rocket company at over $2 trillion. The acquisition follows a partnership agreement from April that gave SpaceX the option to either buy Cursor for $60 billion or pay $10 billion for work completed together.

    16 June 2026 · Joy Online

Monday 15 June

  1. Anthropic meets White House over AI tool suspension concerns

    Anthropic executives are scheduled to meet with US Department of Commerce officials on Monday following the company's decision to block public access to its latest AI tool, Fable 5, after the US government prohibited foreign national access to the technology citing national security concerns.

    15 June 2026 · Joy Online

Wednesday 10 June

  1. Global stock markets fall on tech fears and Middle East tensions

    Asian stock markets suffered steep losses on Monday as investors grew concerned about overvalued artificial intelligence investments and a rise in oil prices following renewed Iran-Israel strikes. US markets recovered some losses with the Nasdaq closing up 0.9% and the S&P 500 up 0.3%, though South Korea's Kospi index fell 8.3% and Japan's Nikkei dropped 3.9%.

    10 June 2026 · Joy Online

  2. TSMC does not rule out price rises amid inflation pressures

    Taiwan Semiconductor Manufacturing Company, the world's largest chipmaker, has told the BBC that inflation is pushing up costs and has not ruled out price rises, though its CFO said the firm would not introduce sudden "fourfold, fivefold" increases. Any price increases could eventually affect customers' electronic device costs.

    10 June 2026 · Joy Online

Monday 8 June

  1. Global stock markets fall on tech concerns and Middle East tensions

    US stock markets recovered modestly on Monday after Friday's losses, but Asian markets fell sharply—South Korea's Kospi index closed 8.3% lower and Japan's Nikkei fell 3.9%—amid a technology stock sell-off and renewed Middle East tensions that raised oil prices and inflation concerns.

    8 June 2026 · Joy Online

Thursday 4 June

  1. SpaceX targets $1.75tn valuation with record IPO

    Elon Musk's SpaceX has announced a suggested share price of $135 in advance of its planned initial public offering, valuing the company at approximately $1.75tn and aiming to raise $75bn—which would be a record for an IPO if achieved.

    4 June 2026 · Joy Online

Wednesday 3 June

  1. SpaceX values itself at $1.75tn ahead of stock debut

    Elon Musk's SpaceX said its shares should go for $135 each in an SEC filing, setting its valuation at roughly $1.75tn as it approaches an initial public offering set for next week. The move is unusual, as companies typically only share an estimated share price the day before trading begins.

    3 June 2026 · Joy Online

  2. Oil rises amid Middle East tensions; stocks mixed on AI outlook

    U.S. crude futures jumped around 2% to $95.40 a barrel as fresh hostilities flared in the Gulf after U.S.-Iran peace talks stalled, with Iran firing missiles at Kuwait and Bahrain that were thwarted or failed, while AI-driven stock rallies in Asia pushed Taiwan and Japan indexes to record highs.

    3 June 2026 · Joy Online

Monday 1 June

  1. Nvidia launches RTX Spark chip for consumer AI-enabled PCs

    Nvidia has announced the RTX Spark, a new chip for personal computers designed for artificial intelligence applications, which will be included in Windows PCs from manufacturers including Lenovo, HP, Dell, Microsoft Surface, Asus, and MSI, set for release in autumn.

    1 June 2026 · Joy Online

  2. Samsung, LG shares surge ahead of Nvidia CEO Korea meetings

    Shares in Samsung Electronics and LG Electronics rallied on Monday following expectations of meetings between Nvidia CEO Jensen Huang and Korean executives to discuss AI and robotics partnerships. South Korean semiconductor exports surged to a record high in June amid the AI boom.

    1 June 2026 · Joy Online

Nvidia — Ghanaian press coverage · Ghana Minute