News Highlights: Top Company News of the Day – Tuesday at 5 AM ET
China’s domestic chip industry navigates challenges:
– Striving for self-sufficiency amid Washington’s export controls.
– New technical details on AI PC chip ‘Lunar Lake’ to ship in Q3.
– Hitachi and Microsoft collaboration for generative AI adoption.
Market Updates:
– Morgan Stanley trading platform addresses GameStop manipulation concerns.
– A.P. Møller-Mærsk raises full-year guidance due to shipping demand.
– British American Tobacco maintains 2024 revenue growth guidance.
– Spotify Technology raises prices, stock advances.
Industry Moves:
– A.P. Møller-Mærsk proposes $229M convertible notes swap.
– Hertz Global Holdings appoints new CFO from Spirit Airlines.
– NVIDIA CEO reveals next-gen AI semiconductor plans.