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Struggling with debt and a market swamped with overcapacity, the nylon 6,6 producer Ascend Performance Materials has declared bankruptcy in Texas. Ascend says that it is pursuing an easy ...
New guidelines under US President Donald Trump, which define the use of Huawei Technologies’ Ascend chips “anywhere in the world” as a violation of US export controls, have put a spotlight ...
With the support of its lenders, Ascend will use the Chapter 11 process to pursue a value-maximizing restructuring transaction that will enable the Company to emerge from Chapter 11 as a healthy ...
(Bloomberg) -- Ascend Performance Materials Inc., a chemicals business backed by SK Capital Partners, has filed bankruptcy and said it intends to restructure with support from its lenders.
TL;DR: Huawei is developing the Ascend 910D AI GPU to rival NVIDIA’s previous-gen Hopper H100, targeting the Chinese market amid US export restrictions on NVIDIA’s AI chips. With early samples ...
Apr. 22—Ascend Performance Materials, which has a plant in Decatur, filed for a Chapter 11 reorganization bankruptcy Monday to restructure its finances. Ascend has over 20 locations worldwide.
Huawei has unveiled its next-generation AI chip, the Ascend 920, days after Nvidia revealed the Trump administration had opted to impose further export restrictions on its H20 GPUs. According to a ...
That is why Will Grindle, through Ascend, is quietly rewriting the script. While most telecom infrastructure companies race to build the next big thing in telecom, Grindle is focusing on something ...
Nylon 6/6 leader Ascend Performance Materials has filed for bankruptcy protection at the U.S. Bankruptcy Court in Houston. In a news release, officials with Ascend in Houston said the Chapter 11 ...
In response and to fill in a potential gap, Huawei is reportedly getting ready to ship its Ascend 910C chip to Chinese AI developers. However, NVIDIA isn’t standing by idly. The company ...
In a move to challenge NVIDIA's supremacy in the artificial intelligence (AI) chip market, China's Huawei Technologies is set to launch its most advanced AI processor, the Ascend 910D. This ...
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