We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. China defies ASML prediction with EUV breakthrough in advanced chip…
Why Nvidia (NVDA) Stock Is Down Today Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 7.4% in the morning session after the company announced it might be unable to sell some high-end chips (including the H20 chips) to China due to export controls and requirements from the Trump administration. Notably, Nvidia received an…
Gold surged to a fresh all-time high on Monday, driven by investor anxiety over rapidly shifting US trade policy, before paring back gains, before pulling back slightly. Bullion briefly traded above $3,245 an ounce, surpassing Friday’s previous record. The rally extended a strong run for the precious metal, which rose more than 6% last week,…
https://orionx.net/wp-content/uploads/2025/03/HPCNB_20250331.mp3 Happy April Fool’s Day Eve to you! Here’s a quick (8:42) review of recent news from the world of HPC-AI, including: – AMD MI355X to debut with a 30,000-GPU Oracle cluster – In the face of U.S. trade policy, ASML to open repair hub in China – EuroHPC-JU’s CINECA selects 140-qubit Pasqal system…
ASML Holding, the world’s top supplier of advanced chipmaking equipment caught in the US-China tech rivalry, will build a “reuse and repair” centre in Beijing this year, showing its commitment to the world’s second-largest economy despite pressure from Washington. The Dutch firm, which has been unable to sell its extreme ultraviolet lithography systems to its…
China is producing twice as many research papers as the US on chip design and fabrication, laying the foundation for a possible leadership role in next-generation semiconductor technology, according to a US think tank. While China is behind in advanced semiconductors and is restricted from buying high-end chipmaking tools such as the extreme ultraviolet lithography…
Nasdaq futures climbed on Wednesday as upbeat ASML (ASML) orders buoyed chip stocks, but the broader mood was muted ahead of the first Big Tech earnings and the Federal Reserve’s rate decision. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.4%, on the heels of a sharp closing gain. Meanwhile, S&P 500 futures (ES=F) wobbled…
(Reuters) – Futures tied to the Nasdaq gained on Wednesday as semiconductor-related stocks rose after chip equipment maker ASML’s quarterly orders topped estimates, with focus also on a raft of company results and the Federal Reserve’s rate verdict later in the day. The Fed’s first interest rate decision of the year is due at 2…
DeepSeek just flipped the AI game on its head. The Chinese startup dethroned OpenAI’s ChatGPT as the most-downloaded free app on Apple’s App Store, sending shockwaves through the market. Nvidia (NASDAQ:NVDA) plunged 16%, ASML (NASDAQ:ASML) dropped 7% in the morning, and tech investors hit the panic button. DeepSeek’s R1 model, an open-source reasoning engine, is…
US stock futures pointed to another rough day on Wall Street Friday after the House of Representatives voted against a Trump-backed spending bill, further increasing the odds of a US government shutdown this weekend. Investors also digested key inflation data that showed a deceleration in price increases during the month of November after the Federal…