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Your Next Car Might Cost More: Industry Insiders Explain Tariff-Driven Price Increases and How to Offset Costs

It's not just iPhones and TVs. President Donald Trump's tariff policies might be driving up the cost of electric vehicles and combustion cars, too. EVs, in fact, might be especially vulnerable to the new tariffs that target China (a major exporter of critical metals) and the steel industry. China already has a near monopoly on critical minerals and rare earth metals used to manufacture cars, and these tariffs have given China reason to use that as leverage over the United States. That's accordi

Mira Murati’s Thinking Machines Lab is worth $12B in seed round

Thinking Machines Lab, the AI startup founded by OpenAI’s former chief technology officer Mira Murati, officially closed a $2 billion seed round led by Andreessen Horowitz on Monday, a company spokesperson told TechCrunch. The deal, which includes participation from NVIDIA, Accel, ServiceNow, CISCO, AMD, and Jane Street, values the startup at $12 billion, the spokesperson said. Several outlets reported in June that Thinking Machines Lab was close to closing this $2B funding round at a $10 bill

AMD to resume MI308 AI chip exports to China

Lisa Su, chair and CEO of Advanced Micro Devices Inc., during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. Advanced Micro Devices said Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China. The stock climbed 7% following the news. The company said Tuesday that the U.S. Commerce Department plans to resume reviewing its license applications to send the products to the world's second-largest economy. AMD said it plans to start ship

BYD has caught up with Tesla in the global EV race. Here’s how.

In mid-2022, when BYD executive Lian Yubo was asked to compare Chinese manufacturing with Tesla’s technology, he remarked that Elon Musk was an example that all Chinese carmakers could learn from. “Tesla is a very successful company no matter what. BYD respects Tesla and we admire Tesla,” he said in an interview on Chinese state media. Yet just three years later, Tesla’s technological lead over its Chinese rivals has narrowed dramatically. It is fighting to stay ahead in the world’s largest ca

NVIDIA says it can resume selling key AI chips to China

NVIDIA will be able to start selling its H20 AI GPU to China again soon after gaining approval to do so from the US government, the company announced in a blog post. Earlier this year, the company was blocked from selling the H20 to China over concerns it could aid the nation's military. "NVIDIA is filing applications to sell the H20 GPU again. The US government has assured NVIDIA that licenses will be granted and NVIDIA hopes to start deliveries soon," the article states. The company also anno

Nvidia says it will restart AI chip sales to China

Nvidia says it will restart AI chip sales to China Nvidia chief executive Jensen Huang is currently in China The chips have been a key focus of export controls aimed at keeping the cutting-edge technology out of Beijing's hands as the AI race between the US and China heats up. The move reverses a ban on sales of Nvidia's H20 chips to Beijing, which was imposed by US President Donald Trump's administration in April over concerns that they could be used by the Chinese military. The US governme

Nvidia is set to resume China chip sales after months of regulatory whiplash

Nvidia announced Monday that it’s filing applications to restart sales of its H20 artificial intelligence chips to China, capping a spasmodic few months that saw the Trump administration impose restrictions, then quickly reverse course after a high-profile dinner meeting. The company expects to receive U.S. government licenses soon and begin deliveries shortly after, according to a blog post. Nvidia is also introducing a new “RTX Pro” chip designed specifically for the Chinese market, calling i

Nvidia says it will resume H20 AI chip sales to China 'soon,' following U.S. government assurances

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference on May 21, 2025. Nvidia said Tuesday that it hopes to resume sales of its H20 general processing units to China, in a major win for the company that has suffered from U.S. export curbs. Nvidia's sales of the H20 AI chips, which had been designed specifically to keep them out of export controls on China, were halted in April. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes

IDC: Emerging markets helped Apple offset iPhone slowdown in China during Q2

During the second quarter of 2025, Apple saw a modest gain in iPhone shipments, holding its worldwide ground amid slowing demand in China. Here are IDC’s preliminary numbers for the quarter. Emerging markets offset Apple’s China dip, while Samsung pulls ahead IDC’s Worldwide Quarterly Mobile Phone Tracker (via AppleInsider) shows that Apple shipped 46.4 million iPhones in Q2 2025 (up 1.5% year-over-year). That was enough to secure second place globally, behind Samsung’s 58 million units, and a

Malaysia will require trade permits for US AI chips

Malaysia is taking on a bigger role in helping the U.S. prevent advanced AI chips from ending up in China. The Malaysian Ministry of Investment, Trade and Industry announced new restrictions on exporting AI chips of U.S. origin out of its country on Monday. Individuals and companies are now required to notify Malaysian authorities at least 30 days in advance when they are exporting or transshipping U.S. AI chips, effective immediately. “Malaysia stands firm against any attempt to circumvent ex

Secretive Chinese Satellite Emerges in Surprising Orbit After 6-Day Vanishing Act

Nearly a week after launch, space tracking systems were able to locate a mysterious satellite parked in an unusually low orbit. China launched the experimental satellite to test new technologies, but it’s still unclear exactly what it’s doing in its unique inclination. Shiyan-28B 01 launched on July 3 from the Xichang Satellite Launch Center, riding on board a Long March 4C rocket. The satellite is part of China’s experimental Shiyan series, reportedly designed for exploration of the space envi

Malaysia will require trade permits for U.S. AI chips

Malaysia is taking on a bigger role in helping the U.S. prevent advanced AI chips from ending up in China. The Malaysian Ministry of Investment, Trade and Industry announced new restrictions on exporting AI chips of U.S. origin out of its country on Monday. Individuals and companies are now required to notify Malaysian authorities at least 30 days in advance when they are exporting or transshipping U.S. AI chips, effective immediately. “Malaysia stands firm against any attempt to circumvent ex

This countertop ice maker makes the 'good ice' you only get in restaurants

ZDNET's key takeaways The GE Profile Opal 2.0 nugget ice maker is a smart kitchen appliance that sells for $599. This machine will do the trick if you want those satisfyingly munchable ice pellets often served at fast food restaurants It's also operable via a mobile app. It's pricey, especially given what it is, but I've found the machine well worth the investment. View now at Amazon Whether you call it the good ice, Sonic ice, nugget ice, or pellet ice, there's no denying that the small, mu

Nvidia's Jensen Huang brushes off U.S. fears that China's military will use his firm's chips

Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm's chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing. In an interview with CNN aired Sunday, Huang said "we don't have to worry about" China's military using U.S.-made technology because "they

Apple gearing up for day one production of iPhone 17 in India, despite Chinese disruption

Apple is gearing up for simultaneous production of the iPhone 17 in both China and India, despite apparent attempts by the Chinese government to disrupt this. Achieving day one assembly in India has long been a key objective for Apple’s work in reducing its dependence on China as a manufacturing hub, but has never before been achieved … Apple’s goal of simultaneous production The vast majority of iPhones are still assembled in China, but Apple has for many years been working on boosting the n

Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war

A Meituan food delivery courier rides an electric scooter in Chongqing, China, on March 29, 2025. Cheng Xin | Getty Images News | Getty Images In China's fiercely competitive market, the latest price war is playing out in the growing "instant commerce" sector, where companies are launching massive subsidies and other incentives to get consumers to spend. The 'instant commerce' sector is backed by massive networks of scooter drivers that quickly transport everything from food and drink to fast f

Nvidia CEO downplays U.S. fears that China's military will use his firm's chips

Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm's chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing. In an interview with CNN aired Sunday, Huang said "we don't have to worry about" China's military using U.S.-made technology because "they

Samsung's New Phones Show How Far Ahead China Is on Innovation

Earlier this week, Samsung announced the latest generation of its high-end foldable phones at its Summer Galaxy Unpacked event. The Galaxy Z Fold7 and the Galaxy Z Flip7 are variously lighter, thinner, less crease-prone than before. They are more expensive too. Some call them the “foldables to beat.” It’s Samsung messaging and a commentator response that sounds an awful lot like what we heard last year. And the year before that, for that matter, in a hall of echoes typical of the iterative prog

Tandy Corporation, Part 3 Becoming IBM Compatible

This article follows Part 1 of the Tandy Corporation’s history, which covers the company’s founding and the lead up to and launch of the TRS-80, and Part 2, which covers the TRS-80 Models I, II, III, CoCo, and Pocket Computer. When the TRS-80 Model I was released in 1977, the microcomputer market was small, centered around hobbyists, and many computer owners had built their machines from off-the-shelf components and/or kits. Tandy, Apple, and Commodore completely changed the market, but even th

China's 'instant commerce' price war sees $0.30 drinks and billions in subsidies doled out

A Meituan food delivery courier rides an electric scooter in Chongqing, China, on March 29, 2025. Cheng Xin | Getty Images News | Getty Images In China's fiercely competitive market, the latest price war is playing out in the growing "instant commerce" sector, where companies are launching massive subsidies and other incentives to get consumers to spend. The 'instant commerce' sector is backed by massive networks of scooter drivers that quickly transport everything from food and drink to fast f

The 40 best Prime Day deals you can get for under $25

The end of Amazon Prime Day is quickly approaching, meaning there isn’t much time left to save on some of the best deals we’ve seen all year. The good news? You have until 12AM ET on July 12th to pick up whatever it is you’re looking for. You can still save on several Verge favorites, too, including noise-canceling headphones, gaming laptops, and a wealth of smart home devices. And if you’re working with a tight budget, there are plenty of deals to be had for $25 or less.

Tesla Is in Serious Trouble in China

As its sales continue to crater in the US and Europe, Tesla's reliance on China — its second-largest market and biggest production hub — is growing. But thanks to a surge in far more price-competitive and lucrative offerings from Chinese EV manufacturers like BYD, Tesla's woes look poised to metastasize there as well. Its market share in China is shrinking, the Wall Street Journal reports, which could represent yet another nail in Elon Musk's carmaker's coffin. The company sold 40,000 fewer ca

EU regulators are once again investigating TikTok over data transfers to China

TikTok is in more regulatory hot water. Only a couple of months after it slapped TikTok with a hefty fine over data transfers to China, Ireland’s Data Protection Commission (DPC) is opening a fresh investigation into the platform. During the previous probe, TikTok claimed that European Economic Area (EEA) user data was stored on servers outside China. It said that TikTok staff in China accessed such data remotely. The DPC concluded the investigation on April 30 and fined TikTok 530 million euro

China’s energy dominance in three charts

So while we all try to get our heads around what’s next for climate tech in the US and beyond, let’s look at just how dominant China is when it comes to clean energy, as documented in three charts. China is on an absolute tear installing wind and solar power. The country reached nearly 900 gigawatts of installed capacity for solar at the end of 2024, and the rapid pace of building has continued into this year. An additional 198 GW was installed between January and May, with 93 GW coming in May

19 Best Prime Day Coffee Maker Deals on Machines, Grinders, and More

What’s more WIRED than coffee? Before you plug into the matrix, you need your coffee fix. We know because we've been testing all the various ways of making coffee for years now. These are the best Prime Day coffee maker deals on WIRED-tested and -approved brewers, espresso machines, grinders, concentrates, pods, and more. If it's good at getting caffeine to your brain and on sale for Prime Day, it's here. Want more Prime Day goodness? Read our Best Prime Day Deals and Prime Day Liveblog for mor

Southeast Asia needn't take sides in U.S.-China tech rivalry. It can learn from both, experts say

A visitor watches an AI sign on an animated screen at the Mobile World Congress, the telecom industry's biggest annual gathering, in Barcelona. Josep Lago | Afp | Getty Images As China and the U.S. compete in artificial intelligence, Southeast Asia should draw from the best of both countries while building its own technologies, panelists said at CNBC's East Tech West 2025 conference on June 27 in Bangkok, Thailand. Julian Gorman, head of Asia-Pacific at mobile network trade organization GSMA, s

16 Best Prime Day Deals on Coffee Machines, Grinders & More

What's more WIRED than coffee? Before you plug into the matrix, you need your coffee fix. We know because we've been testing all the various ways of making coffee for years now. These are the best Prime Day deals on WIRED-tested and -approved coffee brewers, espresso makers, grinders, concentrates, pods, and more. If it's good at getting caffeine to your brain and on sale for Prime Day, it's here. Want more Prime Day goodness? Read our Best Prime Day Deals and Prime Day Liveblog for more discou

US government confirms arrest of Chinese national accused of stealing COVID research and mass-hacking email servers

In Brief The U.S. Justice Department has confirmed the arrest of Chinese national Xu Zewei, an alleged prolific contract hacker who carried out cyberattacks for China. Xu was arrested in Italy at the request of U.S. prosecutors. Xu and another Chinese national Zhang Yu, who remains at large, are accused in a nine-charge indictment of “hacking and stealing crucial COVID-19 research” from U.S. universities during February 2020. The DOJ said Xu worked for a company called Shanghai Powerock Networ

Attimet (YC F24) – Quant Trading Research Lab – Is Hiring Founding Researcher

You’ll be given the autonomy to do some of the best work for your life. We’re building a research lab that puts its ideas to the test in one of the most complex, information-rich environments in the world: the financial markets. Much of trading still depends on hand-crafted signals and intuition. We’re approaching it differently - from first principles. We design systems that learn, adapt, and improve with data. Our infrastructure is built to accelerate research: fast iteration loops, real-tim

Southeast Asia needn't take sides in US-China tech rivalry. It can learn from both, experts say

A woman holds a cell phone featuring the DeepSeek logo, with the Nvidia logo displayed in the background. Nurphoto | Nurphoto | Getty Images As China and the U.S. compete in artificial intelligence, Southeast Asia should draw from the best of both countries while building its own technologies, panelists said at CNBC's East Tech West 2025 conference on June 27 in Bangkok, Thailand. Julian Gorman, head of Asia-Pacific at mobile network trade organization GSMA, said it would be a negative developm