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US stocks closed | The three major indices rose together, the Dow and S&P continued to hit historical highs; most large technology stocks rose, nvidia rose more than 2%, Tesla soared more than 38% in the month, the best performance in nearly two years
US stocks posted weekly gains of over 1%, with the Dow rising by 7.5% in November and the S&P up 5.7%, both achieving the best performance of the year. The Nasdaq accumulated an increase of over 6%, small-cap indices rose by nearly 11%, the chip index rose by 1.5% on Friday but declined monthly, and Tesla saw a monthly increase of over 38%, its best performance in nearly two years.
Express News | The US stock market's semiconductor sector rose during trading, with nvidia, taiwan semiconductor, qualcomm, and Arm Holdings rising over 2%, and broadcom, AMD, and intel rising over 1%.
Investors in QUALCOMM (NASDAQ:QCOM) Have Seen Splendid Returns of 107% Over the Past Five Years
Japan will allocate nearly 10 billion dollars again to support the semiconductor industry by increasing investments in chip production and AI.
Japan will allocate an additional 1.5 trillion yen (9.9 billion US dollars) to promote its semiconductor and ai business, including funding for the chip foundry Rapidus.
Big news has just emerged in the chip field! Germany is providing "huge" subsidies to the chip industry, while amazon is "challenging" nvidia.
To challenge nvidia's monopoly in the ai chip field, technology giant amazon is accelerating the development of a new ai chip Trainium2, which has four times the performance and three times the memory capacity compared to the previous generation, and has significant advantages in energy efficiency and cost.
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The "bad news" for technology giants: Trump is also going after antitrust?
Reports indicate that Trump is considering appointing Slater as the head of the Justice Department's Antitrust Division, with analysts suggesting that this nomination means Trump will continue the tough enforcement stance advocated by the Biden administration.
Is the American technology giant trembling? It is rumored that Trump is considering appointing hawkish officials to lead the anti-monopoly department.
Trump is considering appointing a radical enforcer to lead the usa Justice Department's antitrust team.
The starting price of the Redmi K80 Pro is 3,699 RMB. The global shipments of REDMI phones in 11 years exceeded 1.1 billion units.
The Redmi brand officially launched the REDMI K80 Pro. This model is equipped with the qualcomm Snapdragon 8 Gen 2 and features a 6,000mAh Xiaomi Jinshajiang battery. In terms of imaging, it supports a flagship triple-camera system across all focal lengths, including the flagship floating telephoto lens found in the Xiaomi 15. Regarding pricing, the K80 Pro is priced at 3,699 yuan for the 12G+256GB version, 3,999 yuan for the 12G+512GB version, and 4,299 yuan for the 16G+512GB version. Xiaomi-W (01810.HK) Deputy General Manager of the China Market and General Manager of the REDMI brand, Wang.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
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foryou corporation (002906.SZ): The cockpit domain control product chip solution is rich, covering qualcomm, Renesas, Xinchi, etc., all of which have been mass produced.
Gelonghui on November 27th: foryou corporation (002906.SZ) stated in investor relations that the cockpit domain control product chip solutions are rich, covering qualcomm, Renesas, Chipcomm, etc., all of which have been mass-produced. In the first three quarters of 2024, the shipment volume increased significantly, and the sales revenue proportion increased significantly. Mass production projects include Great Wall, Chery, BAIC, Changan Blue, Changan Qiyuan, etc. Since the beginning of this year, significant progress has been made in opening up orders for the company's cockpit domain control products. Many new projects have been obtained from customers such as Chery, Changan, Changan Blue, Changan Qiyuan, Changan Ford, BAIC, etc. The number of platform-type mass production projects is gradually increasing, which will support the company's cockpit domain control products.
Express News | Redmi officially launched the K80 Pro, starting at 3699 yuan.
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OpenAI allows employees to sell stocks worth 1.5 billion dollars to SoftBank.
OpenAI allows employees to sell approximately $1.5 billion worth of stocks to SoftBank. Two sources familiar with the matter said that the new financing will allow the Japanese technology group to acquire a larger stake in this artificial intelligence startup company and enable current and former OpenAI employees to realize their shares. One of the sources said that employees will decide whether to participate in the new acquisition offer by December 24. The sources revealed that this trade is driven by SoftBank billionaire founder and CEO Masayoshi Son. After investing $0.5 billion in the previous round of financing for OpenAI, Masayoshi Son has been insisting on increasing his shareholding in this startup.
"Trump 2.0" deters the global? South Korea plans to increase support for chip companies and introduce $10 billion low-interest loans next year.
① South Korea plans to increase financial support for domestic chip manufacturers next year to address the challenges posed by the 'Trump 2.0' policy and competitors like China; ② The South Korean Ministry of Finance stated that low-interest loans will reach 14.3 trillion won (approximately 10.2 billion USD) next year to support new chip park enterprises and others.
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