Express News | The spokesperson for the China Council for the Promotion of International Trade answered reporters' questions regarding the U.S. side's release of export control measures on semiconductors to China.
Shareholders Would Enjoy A Repeat Of Applied Materials' (NASDAQ:AMAT) Recent Growth In Returns
Australia's regulatory institutions: The AI advantages of large technology companies may harm competition in the search market.
Australian competition regulatory institutions have stated the necessity to reconsider efforts to ensure that internet users have more choices, as Google dominates the search engine market and its competitors have not fully utilized the flourishing development of ai.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
The Top 20 Technology Stocks Ranked by Quant
Express News | Applied Materials Exec Says Could "Possibly" Gain Market Share in China Market Due to More Domestic Vendors Being Added to U.S. Entity List- UBS Tech Conf
Industry associations collectively call on domestic companies to be cautious in purchasing usa chips. Institutions provide this analysis as overseas semiconductor giants have repeatedly increased their investment in the china market.
① China has become the most important application market for the global IC industry. Institutions analyze that the new round of export controls by the usa has fractured the global semiconductor market and may also limit the development of usa's own enterprises; ② In the past two years, several overseas semiconductor companies have chosen to increase their investment in the china market and value the growth opportunities of chinese customers.
Buoyed by Trump's election victory, optimism among the usa business community has reached a multi-year high.
Since Trump won the usa presidential election, multiple surveys have shown that American businesses are becoming more optimistic about their prospects. They expect the Trump administration to implement more pro-business policies and reduce regulatory burdens.
Express News | Applied Materials Inc - Not Changing Guided Ranges of Our Q1 of Fiscal 2025 Business Outlook Provided in Our Nov. 14, Financial Results Press Release
Breaking news! Four major industry associations collectively state: exercise caution when purchasing usa chips.
① The china semiconductors industry association, china automotive industry association, china internet plus-related association, and china communication enterprises association have all issued statements urging domestic companies to carefully select and procure usa chips. ② The new round of export restrictions from the usa involves over 140 chinese enterprises, affecting semiconductors manufacturing equipment, electronic design automation tools, etc., undermining the principles of fair competition in the global semiconductors industry.
President Capital Management Downgrades Applied Materials to Neutral, Price Target Is $200
Express News | China Communications Enterprise Association: To ensure the security and stability of the information communication industry chain and supply chain, caution should be exercised in purchasing American chips.
Express News | The China Semiconductor Industry Association: USA chip products are no longer safe and reliable; relevant industries in China will have to be cautious in procuring American chips.
Express News | The China Association of Automobile Manufacturers: To ensure the security and stability of the automotive industry chain and supply chain, it is recommended that Chinese auto companies be cautious in purchasing chips from the USA.
Express News | The china internet association calls on domestic enterprises to proactively take countermeasures and carefully choose to purchase usa semiconductors.
Applied Materials Issues Statement on Latest U.S. Export Regulations
Amazon founder invests in Jim Keller, targeting nvidia.
Recently, Tenstorrent, led by industry renowned figure Jim Keller as CEO, announced the completion of a $0.693 billion Series D financing round led by Samsung Securities and AFW Partners. Following this round of financing, the valuation of this AI chip startup is approximately $2.6 billion.
ASML Rises as Company Says New Export Curb Control Rules Won't Impact Guidance
Express News | LAM Research Down 0.5%, Applied Materials Down 0.6%, Micron Technology Down 0.8%
Express News | Shares of U.S. Chip Companies Down Premarket After Latest U.S. Strike on China's Chips