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Shenzhen Fastprint Circuit Tech (002436.SZ): Currently, there is no cooperation with Broadcom.
On December 19, Gelonghui reported that Shenzhen Fastprint Circuit Tech (002436.SZ) stated on the investor interaction platform that the company currently does not have a partnership with Broadcom. The chip design companies and packaging manufacturers are all target customers for the company's IC packaging substrates, and the company is actively working on customer expansion to prepare for subsequent mass production.
Will there be only one interest rate cut next year? The Federal Reserve suddenly releases hawkish signals, causing Wall Street to collectively fall into panic.
The Federal Reserve lowered interest rates by 25 basis points as expected on Wednesday, but this did not stop investors from mass selling off risk Assets.
Top 20 transaction amounts | Quantum computing company QUBT skyrocketed by nearly 53%; MicroStrategy fell by more than 9%.
On Wednesday, Broadcom, ranked 4th in U.S. stock trading volume, fell by 6.91% with a transaction of 12.253 billion USD; MicroStrategy, ranked 8th, dropped by 9.52% with a transaction of 8.878 billion USD; Quantum Computing, ranked 14th, rose by 52.95% with a transaction of 5.102 billion USD.
U.S. stock market close | The Federal Reserve takes a hawkish stance, three major Indexes drop together, with the Nasdaq down over 3%; Tesla falls over 8%, leading the decline among Technology giants, while Quantum Computing concept stock, Quantum, soars
The Dow Jones experienced ten consecutive declines, marking the longest streak of losses since 1974. The S&P fell nearly 3%, and the Nasdaq dropped over 3%. Tesla led the tech giants down with a decline of over 8%. The chip index fell nearly 4%, with Broadcom dropping nearly 7%, and NVIDIA initially rose nearly 5% during the day before turning negative. Micron Technology, which provided disappointing guidance for this fiscal quarter, fell over 10% in after-hours trading.
Nvidia Vs. Broadcom? The Battle for AI King Won't Be Close. -- Barrons.com
Tesla, Broadcom Lead Tech Stocks Crash as Fed Eyes Fewer Rate Cuts in 2025