Qualcomm, Fermi, Organon and more

Check out the companies making the biggest moves midday: Qualcomm — The chipmaker soared more than 11% after announcing artificial intelligence processors to compete with AMD and Nvidia . The AI chips are a shift for Qualcomm , which has previously focused on semiconductors for wireless connectivity and mobile devices, not massive data centers. Intellia…

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China’s Xi urges AI cooperation, rejects ‘Cold War mentality’ at SCO summit

Chinese President Xi Jinping delivers his opening remarks at the Shanghai Cooperation Organization Summit in Tianjin on Sept. 1, 2025. Evelyn Cheng TIANJIN, China — Chinese President Xi Jinping on Monday urged members of the Shanghai Cooperation Organization to strengthen artificial intelligence cooperation, while rejecting what he called a “Cold War mentality.” Xi was speaking…

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China to retaliate against nations that work with U.S. to isolate Beijing

China to retaliate against nations that work with U.S. to isolate Beijing

BEIJING — China on Monday warned it will retaliate against countries that cooperate with the U.S. in ways that compromise Beijing’s interests, as the trade war between the world’s two largest economies threatens to embroil other nations. China’s warning comes as U.S. President Donald Trump‘s administration is reportedly planning to use tariff negotiations to pressure…

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