The post US Approves Nvidia Chip Exports to Armenia in Broader Tech Diplomacy Push appeared on BitcoinEthereumNews.com. The U.S. government has approved Nvidia’s export of advanced AI chips to Armenia, enabling local startup Firebird to build a supercomputer. This move supports U.S. diplomatic strategy in the Caucasus, countering Russian influence amid regional tensions. Nvidia’s chips target AI supercomputer project in Armenia. U.S. leverages tech exports for geopolitical influence without military involvement. Approval […] Source: https://en.coinotag.com/us-approves-nvidia-chip-exports-to-armenia-in-broader-tech-diplomacy-pushThe post US Approves Nvidia Chip Exports to Armenia in Broader Tech Diplomacy Push appeared on BitcoinEthereumNews.com. The U.S. government has approved Nvidia’s export of advanced AI chips to Armenia, enabling local startup Firebird to build a supercomputer. This move supports U.S. diplomatic strategy in the Caucasus, countering Russian influence amid regional tensions. Nvidia’s chips target AI supercomputer project in Armenia. U.S. leverages tech exports for geopolitical influence without military involvement. Approval […] Source: https://en.coinotag.com/us-approves-nvidia-chip-exports-to-armenia-in-broader-tech-diplomacy-push

                                                                               Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus.                     US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more