U.S. Pumps $6.2 Billion Into Micron—Could This Help the U.S. Lead the Semiconductor Race?The U.S. Commerce Department grants Micron $6.2 billion for semiconductor plants, boosting domestic production under the CHIPS Act.
NVIDIA, Semiconductor Stocks Slide as Chinese Antitrust Investigation Weighs on MarketSemiconductor stocks fluctuated, with NVIDIA declining due to an antitrust probe, while Google and Apple saw gains.
Oil Prices Surge as China’s Economic Shift and Syrian Instability Stir MarketsChina's economic growth measures and Syria's instability have led to a rise in New York oil prices, reflecting market concerns.
Volkswagen Eyes Exit from China as Sales Plummet and Labor Strikes EscalateVolkswagen faces financial woes, considering selling factories in China amid union strikes and restructuring plans in Germany.
China Takes Aim at Nvidia, Raising Antitrust Concerns Over Trump Tariff FearsChina investigates Nvidia's acquisition of Mellanox, signaling concerns over U.S. tariff policies amid escalating trade tensions.
NVIDIA’s Huge Step in Vietnam: AI, Data Centers, and a Healthcare AcquisitionNVIDIA plans to expand in Vietnam with a new AI R&D center and data center, marking a significant milestone for both parties.
Cryptocurrency Exchanges Hit $10 Trillion in November Trading, Setting New RecordsCryptocurrency exchanges saw record $10 trillion in trading volumes in November, driven by bullish trends and U.S. election optimism.
Elon Musk’s $101 Billion Compensation Deal in Jeopardy After Court RulingElon Musk's $56 billion compensation plan faces legal challenges as a court deems it inappropriate amidst rising CEO pay controversies.
China’s AI Explosion: Market Booms with 230 Million Users, New Startups on the RiseGenerative AI users in China have surged to 230 million, with Baidu's Ernie Bot leading the market amid fierce competition.
Why Gold Just Dropped 3.5%—Investors React to Ceasefire News and U.S. PoliticsGold prices fell sharply due to reduced safe-haven demand amid geopolitical developments and optimism in U.S. economic stability.
Cook’s Third China Visit Signals Apple’s Continued Investment and Strategic TiesApple CEO Tim Cook emphasizes the importance of Chinese partners during his visit to the China International Supply Chain Promotion Expo.
NVIDIA’s $3.3 Trillion Market Value Crashes—Apple Takes the LeadNVIDIA's stock fell over 4%, losing its title as the most valuable company amid U.S. export control concerns on China.
Starbucks Faces Growing Pains in China: Could a Stake Sale to Local Firms Help Revive Growth?Starbucks is exploring options, including selling its stake in China, to improve performance with local partners.
Putin's Post-War Plan: Deepening Cooperation with China to Challenge the WestAnalysts predict that Putin will prioritize strengthening bilateral cooperation with China after the Russia-Ukraine conflict.
China Steals America's Top AI Talent: Is Silicon Valley Losing Its Edge?China is rapidly becoming a global AI hub, attracting top talent and fostering startups, supported by major tech firms and the government.
China’s Plan to Outmaneuver US Restrictions in Chip ManufacturingChina's semiconductor industry is rapidly growing, focusing on self-sufficiency, with production capacity expected to rise significantly.
Taiwan’s AI Strategy: Is $3 Billion Enough to Rival China’s Dominance?Taiwan plans to invest $1 billion annually in AI to diversify its economy and reduce reliance on China, enhancing national security.
Judge in Shanghai Calls Cryptos 'Commodities,' But Cautions Against Speculation and CrimeJudge Sun Jie clarifies that cryptocurrency is legal in China as a commodity but warns against its speculative and illicit uses.
New Crypto Mining Ban Hits Russia: Full Restrictions for Key Areas Due to Power ShortagesRussia imposes new cryptocurrency mining restrictions due to power shortages, banning mining in several regions from Dec 1 through 2031.
Huawei’s Struggle to Keep Up: U.S. Sanctions Threaten China’s Semiconductor AmbitionsHuawei faces challenges in chip production due to U.S. sanctions, risking its semiconductor ambitions and technological progress.
Hot Topics