Investors bet on Nvidia share recovery with buying of leveraged ETFs

Short-term traders are proving eager to bet on a rapid recovery in Nvidia, pouring money into the three largest leveraged exchange-traded funds which are linked to gains in the share price of the AI chipmaking giant. Speculators and traders flocked to buy leveraged funds which aim to deliver double the daily return in Nvidia, asset…

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Italian startup Exein to supply cybersecurity for chips to MediaTek

Italian tech startup Exein has agreed with Taiwan’s MediaTek to provide cybersecurity systems to be embedded on the chipmaker’s Genio platform, Exein said on Wednesday. The deal will provide security features to billions of chips using the system worldwide in industries including mobile, home, automotive and healthcare, Exein said in a statement. WHY IT’S IMPORTANT…

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