Trump admin uses Defense Production Act to restart California oil operations
FOX Business’ Stuart Varney weighs the economic impact of rising oil prices and predicts a swif[……] Read More
Energy secretary uses Defense Production Act to force Texas oil company to restore Calif. operations
U.S. Energy Secretary Chris Wright directed a Texas-based oil and gas company Friday to restore oper[……] Read More
Nvidia taps Samsung to boost Groq AI chip production
Samsung Electronics’ foundry division will raise wafer volumes for Groq from 9,000 units last year t[……] Read More
Oil soars toward $120 as Iran war forces more production cuts
Oil spiked toward $120 a barrel as more major Middle East producers cur[……] Read More
Oil and gas production shutdowns in Iraq and Kuwait widen the Iran war’s impact on energy prices
The cycle started this week with Qatar ceasing most of its liquefied natural gas output. Then Iraq a[……] Read More
Nvidia shifts chip production on China import delays: sources
The move implies Nvidia no longer expects significant near-term H200 sales in China following months[……] Read More