Tuesday, January 7, 2020

Export sops cut: Handset makers to put investment, hiring on hold

Mobile handset brands and third-party manufacturers are putting their investments and hiring plans on hold following a sudden reduction in duty credit scrips under an export incentive scheme to 2% starting January 1 from 4%. https://ift.tt/2ut2yQe https://ift.tt/eA8V8J

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Sources: Nvidia signs leases worth up to $50B for Hut 8's planned 1GW data center in Texas, hosting hundreds of thousands of chips; Hut 8 didn't name its client (Financial Times)

Financial Times : Sources: Nvidia signs leases worth up to $50B for Hut 8's planned 1GW data center in Texas, hosting hundreds of tho...