AMD Fell 8% as China Unveils New Technology — the Real Risk Is the Multiple, Not the Lithography

    China’s breakthrough in domestic chipmaking equipment sparked a major semiconductor sell-off, dragging down Advanced Micro Devices, Inc. (NASDAQ:AMD) despite strong fundamentals. An announcement from a manufacturing facility in Shanghai on July 27, 2026, caused a severe summer downturn for the AI semiconductor market. State-supported Shanghai Aishengna reported the production of homegrown immersion deep ultraviolet (DUV)…

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    China's Tech Stocks Are Falling Despite Their Own Breakthroughs

      China’s Tech Stocks Are Falling Despite Their Own Breakthroughs

      A board displaying information on the Shanghai Composite Index on Nanjing West Road in Shanghai, China, April 7, 2025. Credit: Ying Tang/NurPhoto via AP Images China’s technology shares have spent the past fortnight going the wrong way. Onshore, Shanghai’s STAR 50 index — which contains many of China’s top tech stocks — has surrendered much…

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      China’s role in U.S. pharma supply chain problems

        China’s role in U.S. pharma supply chain problems

        First Opinion is STAT’s platform for interesting, illuminating, and provocative articles about the life sciences writ large, written by biotech insiders, health care workers, researchers, and others. To encourage robust, good-faith discussion about issues raised in First Opinion essays, STAT publishes selected Letters to the Editor received in response to them. You can submit a…

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        China’s ruling Communist Party’s Politburo emphasized on Thursday the need to full use of existing policies, suggesting that no big-bang easing is in the pipeline.

          China Signals Little Appetite for Major Stimulus Despite Growth Headwinds

          China’s top leaders signaled little appetite for major stimulus in the second half of the year, with the world’s second-largest economy still on track to meet a reduced annual growth target despite mounting domestic headwinds. China’s ruling Communist Party’s Politburo emphasized on Thursday the need to full use of existing policies, suggesting that no big-bang…

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          Canadian billionaire Kevin O’Leary predicts that America, Canada and Mexico will unite due to the fear of rise of ...

            Canadian billionaire Kevin O’Leary predicts that America, Canada and Mexico will unite due to the fear of rise of …

            Canadian billionaire and former Shark Tank investor Kevin O’Leary feels that fear of China’s rise will be the driving force behind deeper economic integration between the United States, Canada and Mexico. According to a report by Business Insider, O’Leary posted a video on social media platform X (formerly known as Twitter) in which the venture…

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