TNB Tech Minute: Nvidia Warns Against Back Doors in Chips
WSJ Tech News Briefing
The Wall Street Journal
4.6 • 1.6K Ratings
🗓️ 6 August 2025
⏱️ 3 minutes
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| 0:00.0 | Here's your morning TNB Tech Minute for Wednesday, August 6th. I'm Adriana Aspuru for the Wall Street Journal. |
| 0:09.0 | NVIDIA has again denied that its chips have backdoors or keel switches after China raised concerns about national security. |
| 0:16.6 | Last week, China's cybersecurity regulator summoned NVIDIA to explain the, quote, backdoor security risks associated with its H20 chips and asked it to submit relevant documents. |
| 0:27.9 | This came after some U.S. policymakers in May called for the advanced chips to be able to detect smuggling or exploitation. |
| 0:35.5 | On Tuesday, NVIDIA said there's no such thing as a good secret backdoor |
| 0:39.4 | and warned against embedding them into its technology. Also this morning, we've got a bunch of |
| 0:45.4 | tech earnings for you. Shopify's profit surged in the second quarter, exceeding expectations, |
| 0:51.0 | and driven by growth across North America, Europe, and Asia. The e-commerce company |
| 0:55.7 | posted net income of $906 million or 70 cents a share. According to FACSET, analysts were expecting |
| 1:03.6 | 20 cents a share. Uber also reported better than expected results for the quarter, with revenue |
| 1:09.7 | up 18% to $12.65 billion, and trips also increasing 18%. |
| 1:15.9 | The ride-sharing company expects gross bookings of up to $49.75 billion in the current quarter. |
| 1:23.3 | Meanwhile, Disney raised its profit forecasts for its streaming and experiences businesses in the current fiscal year. |
| 1:30.2 | It's a sign that the entertainment giant is gaining momentum in two key areas as its legacy TV business struggles. |
| 1:36.9 | In earnings released today, the company said it expected to generate $1.3 billion of operating income |
| 1:43.5 | from its direct-to-consumer streaming business |
| 1:45.8 | in the fiscal year that ends in September, up from a previous forecast of $1 billion. |
| 1:52.3 | And Siemens Energy expects its fiscal year results to be toward the upper end of its guided range. |
| 1:58.2 | This comes after the German maker of energy equipment reported its highest |
| 2:02.3 | ever quarterly order intake of 16.61 billion euros or 19.3 billion dollars. The company said |
| 2:10.5 | that all of its divisions grew, benefiting from two large offshore orders in the Baltic Sea. |
| 2:15.9 | And finally, Apple may soon announce that it's making an |
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