Nvidia shrugs off ‘AI bubble’ anxiety with bumper chip demand
Chief executive Jensen Huang says sales are ‘off the charts’ as chips giant posts 62% revenue growth
Nvidia’s AI supremacy is a weapon that cuts both ways
While the chipmaker is the big winner from the booming technology, it is singularly exposed to changing expectations
Letter: The case for stablecoins has a dangerous Möbius strip logic
From Brian James Gross, Former Special Assistant to the Federal Reserve Board (2003-2014)
Letter: Ireland’s artist welfare has Dutch precedence
From Lawrence Haar, School of Business & Law, The University of Brighton
Letter: Time the BBC changed the director-general job spec
From Jeremy Wagener, Boxford, Suffolk, UK
Letter: Europe should think and invest as one continent
From Milena Roveda, Chief Executive Officer, Gauss Fusion, Munich, Germany
Study finds kissing evolved 21mn years ago with apes
Many English universities to report deficits despite rise in tuition fees
Continued funding squeeze and volatile student enrolment will continue to hit finances, regulator warns
Best Employers: Asia-Pacific
Which companies do people most like working for in Asia-Pacific? The FT and Statista surveyed 50,000 employees to find out. Plus: Japan looks overseas; chipmakers’ talent shortage; India reskills workers; Korean banks’ perks; driver automation threat; China’s vulnerable factory gig labourers
Robot threat to drivers’ jobs in China heralds wider shift
Concern grows that autonomous vehicles could replace human roles, with no guarantee of social safety net
The chipmaking pay revolution buys time, but will not solve scarcity of engineers
The same limited pool of young talent will keep being drawn on while global competition remains fierce
South Korean banks take the lead to bridge gender inequalities
Working mothers are offered high salaries and more flexibility, but women still face wide pay gap and glass ceiling
The tide is turning on China’s savings glut
Chinese policymakers are finally getting serious about boosting consumption
Japan forced to search abroad to fill shortages
Companies are trying to reduce cultural barriers for foreigners, but immigration still remains taboo politically
India aims to train vast pool of poorly skilled workers
New Delhi steps up programmes to close workforce skills gaps in competition with China
Breaking triple lock could double pensioner poverty, data shows
New disclosures on the cost of UK state pension protection highlight inadequate retirement saving
Chinese manufacturers’ shift to flexibility leaves gig labourers exposed
Hiring short-term workers to cut costs hurts their prospects and ability to learn new skills
FT Crossword: Number 18,218
Russian spy ship targeted RAF pilots with lasers, says UK defence secretary
John Healey warns that Britain’s rules of engagement have been changed in response to Yantar’s activities
Christian tech group tests investors’ faith in AI deals on Wall St debut
Shares in company backed by former Intel chief Pat Gelsinger waver after scaled-back IPO
FirstFT: Nvidia’s earnings beat estimates on bumper AI chip sales
Also in today’s newsletter, Dutch government suspends Nexperia intervention, and Nasdaq and Singapore’s SGX to allow simultaneous joint listings
UK investors pull out of London stock market at record pace
Outflows come as inflows from foreign investors help propel FTSE 100 to record high
Fed officials ‘strongly’ divided on December rate cut
Minutes from US central bank’s October meeting point to schism on direction of monetary policy
Hawkish Fed minutes indicate rising worries over inflation on FOMC
Many participants at the rate-setting meeting saw growing upside risks to prices, with only a few disagreeing