Iran approves East-West transport corridor centred on Afghan railway
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Nvidia’s (NVDA.O) H20 chips present security risks for China, according to a social media account linked to Chinese state media, which made the claim on Sunday after Beijing raised concerns about potential backdoor access in the chips.
The account, Yuyuan Tantian- affiliated with state broadcaster CCTV also argued in a WeChat post that the H20 chips are neither technologically advanced nor environmentally friendly. “When a type of chip is neither environmentally friendly, nor advanced, nor safe, as consumers, we certainly have the option not to buy it,” the article concluded.
Nvidia did not immediately comment.
The H20 artificial intelligence chips were designed specifically for China after the U.S. restricted exports of advanced AI chips in late 2023. While U.S. President Donald Trump’s administration banned their sale in April amid rising trade tensions, the ban was lifted in July.
On 31 July, China’s cyberspace regulator said it had summoned Nvidia to explain whether the chips contained backdoor security vulnerabilities- hidden mechanisms that bypass normal authentication or controls. Nvidia later denied having any “backdoors” that could enable remote access or control.
Yuyuan Tantian, however, claimed the chips could perform functions such as “remote shutdown” via a hardware backdoor.
The remarks came after similar criticism from the state-run People’s Daily, which earlier this month said Nvidia should provide “convincing security proofs” to ease Chinese concerns over potential risks and restore market confidence.
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
U.S. President Donald Trump says Iran has a "last chance" to sign what he described as "a good document", claiming talks are continuing at Tehran's request with backing from Saudi Arabia, the UAE and Qatar.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
SK Hynix reported record quarterly profit on Wednesday, but its shares slumped 10 per cent after the South Korean chipmaker fell short of investor expectations built around the artificial intelligence (AI) boom.
Oil prices have fallen more than six per cent as a pause in U.S.-Iran hostilities eased fears of wider supply disruption around the Gulf.
Paramount Skydance agreed to pause its acquisition of Warner Bros Discovery until after a ruling on a challenge by states to the deal, plunging the $110 billion deal into further uncertainty.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
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