Author: Daniel snow

The Synopsys headquarters in Mountain View, California, on April 13, 2022.David Paul Morris | Bloomberg | Getty ImagesShares of chip design software makers Cadence and Synopsys tumbled in Wednesday trading after The Financial Times reported that the White House told them to stop selling to clients in China.The Bureau of Industry and Security under the U.S. Commerce Department sent letters to both companies and to Siemens, the newspaper said.Synopsys declined to comment. Cadence and Siemens representatives did not immediately respond to requests for comment.The report follows the Trump administration’s decision to get rid of the Biden-era chip “Diffusion Rule” that…

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Jensen Huang, co-founder and CEO of Nvidia, speaks during a news conference in Taipei on May 21, 2025.I-hwa Cheng | Afp | Getty ImagesNvidia reports fiscal first-quarter earnings on Wednesday after the bell.Here’s what Wall Street is expecting, per LSEG:Earnings per share: 93 cents adjustedRevenue: $43.31 billionWall Street is expecting the artificial intelligence chip giant to guide for 99 cents in adjusted earnings per share on $45.9 billion of sales in the July quarter.Nvidia continues to see massive growth from its sales of graphics processors, with demand for the company’s AI chips showing no signs of cooling.But there is one…

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A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.A wave of outrage is sweeping the scientific and medical world after Health and Human Services Secretary Robert F. Kennedy Jr.’s decision to stop recommending routine Covid-19 vaccines for healthy children and healthy pregnant women.Kennedy, a prominent vaccine skeptic, on Tuesday said the Covid shot has been removed from the Centers for Disease Control and Prevention’s recommended immunization schedule for those groups. “Last year, the Biden administration urged healthy children to get yet another…

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Alex Karp, CEO of Palantir Technologies, speaks during the Digital X event in Cologne, Germany, on Sept. 7, 2021.Andreas Rentz | Getty ImagesQuasi-governmental financial firm Fannie Mae on Wednesday announced a partnership with defense tech player Palantir to detect mortgage fraud, deepening ties between the federal government and a company that has been a big winner in the second Trump administration.Priscilla Almodovar, Fannie Mae CEO, said Wednesday at a press event that the goal is for the firm to “identify fraud more proactively” with the help of Palantir, starting with its multi-family housing business. An early test showed that Palantir’s…

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