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What’s New Today: China launched its first state-backed auto chip testing platform to advance domestic chip standards, localization, and technological independence.
Fast-Track Insights: Nvidia reached a $5 trillion valuation after strategic innovation and AI expansion under Jensen Huang, surpassing Microsoft and Apple in market value.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from China launching its first state-level auto chip platform to DDA announcing 1,732 vacancies across multiple posts.
In Shenzhen, China, a state-of-the-art automotive chip testing platform. The new facility, established collaboratively by China's Reform Holdings and the China Automotive Technology and Research Center, is equipped with 13 labs and more than 80 testing instruments. The facility provides a uniform and quick method for chip validation in the areas of intelligent driving, security, and power systems. The move is a significant step toward realizing China's ambition of becoming technologically self-sufficient and also towards laying down common national standards for automotive-grade chips.
Nvidia's market cap exceeded $5 trillion for the first time in history after the company's shares climbed 3.1% to $207.16 each. The CEO of Nvidia, Jensen Huang, whose strategic focus on AI, global partnerships, and the introduction of the Blackwell chip series has turned Nvidia into a major player in the computing sphere, is the mastermind behind the company’s rapid growth. Together with its almost 9% weight in the S&P 500, Nvidia's value has now surpassed that of Microsoft and Apple, reinforcing its leadership position in the AI-based tech market.
Delhi Development Authority (DDA) has put out a notification (Advt. No. 09/2025) announcing a total of 1,732 vacancies consisting of JE, AEE, Stenographer, Patwari, MTS, and others in Groups A, B, and C. The online application process begins on October 6, 2025, and ends on November 5, 2025, by 6 pm. The selection process will consist of an online exam followed by an interview. The application fees will be Rs. 2,500 for UR/OBC/EWS and Rs. 1,500 for SC/ST/PwBD categories.
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The UK crypto ETN market price war has been sparked by the FCA's recent lifting of the retail investment ban, which has allowed investors to purchase bitcoin and ether ETNs via ISAs. Bitwise, 21Shares, Fidelity, and BlackRock, among others, reduced their fees to as low as 0.05%, causing the competition to become more fierce. The FCA's demand for caution and transparency has not gone unheeded, as trading volumes have increased, particularly among younger investors whom the FCA has urged firms to treat with caution.
