Nvidia Responds Late at Night to Chip "Backdoor" Concerns
According to Jinse Finance, late at night on July 31, in response to reports of serious security issues with Nvidia's computing chips, Nvidia stated: "Cybersecurity is of utmost importance to us. There are no 'backdoors' in Nvidia's chips, and there is no way for anyone to remotely access or control these chips." (Yicai)
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U.S. commercial crude oil inventories fell more than expected, with distillate inventories also declining and gasoline unexpectedly rising.
According to EIA data released on Thursday, for the week ending October 9, U.S. commercial crude oil inventories decreased by 8.6 million barrels to 415.6 million barrels, about 3% below the five-year average for the same period. Crude oil production fell by 300,000 barrels per day, and imports dropped by 791,000 barrels per day. Refinery crude runs increased by 135,000 barrels per day. Gasoline inventories rose by 3.5 million barrels, exceeding expectations, while distillate fuel inventories (including diesel and heating oil) decreased by 2.5 million barrels. The decline in crude inventories was mainly due to production shutdowns and reduced imports caused by a Gulf of Mexico hurricane.
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