What are the origins of China’s leverage in the trade war? And why are China’s exports disrupting markets across the world? That China has a strong hand is largely because it has picked up lessons from Silicon Valley and deployed the tactics at every level of the supply chain. Just as Silicon Valley companies “hacked”…
Nvidia (NVDA) stock fell nearly 3% Thursday, extending the AI chipmaker’s 7% decline the prior day after disclosing that the US government had effectively banned exports of its chips to China. Nvidia said in a regulatory filing late Tuesday night that it would take a $5.5 billion hit in the first quarter due to the…
If you want to know why the most technologically advanced cars are currently built in China rather than the United States or Europe, two numbers describe the breakneck pace of innovation there. Fifty represents the penetration rate of so-called new energy vehicles (NEVs) as a share of the overall Chinese market. In other words, an…
Nvidia (NVDA) stock sank as much as 6% early Wednesday after the AI chipmaker disclosed that it would take a $5.5 billion hit from the US government’s surprise new controls on its semiconductor exports to China. Nvidia said in a regulatory filing late Tuesday night that the US government informed the company it would require…
When South African fashion designer Jessica Jane Molebatsi showcased her work at the recent Shanghai Fashion Week (SHFW), she was excited at the prospect of introducing her collection to such an important market. “Coming to China has opened up our eyes and our perspective to the potential markets in China,” Molebatsi said. “Fashion enthusiasts want…
Super Micro (SMCI) Stock Trades Down, Here Is Why Shares of server solutions provider Super Micro (NASDAQ:SMCI) fell 8.8% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration’s 25% tariffs on Venezuela….
A new generation of Chinese entrepreneurs, represented by a group of start-up founders known as the “Fantastic Four”, are reshaping the global technology landscape and helping China in its rivalry with the US. Liang Wenfeng, founder of Hangzhou-based artificial intelligence (AI) start-up DeepSeek, along with Wang Xingxing, Zhang Yiming and Wang Tao, the founders of…
By Wen-Yee Lee TAIPEI (Reuters) – When Taiwan’s Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped the move would help provide better access the promising Chinese market. Nine years later, however, that Chinese foundry, Nexchip, has become one of its…
Apple (AAPL) stock fell as much as 2% premarket Wednesday after a Bloomberg report said the Chinese government is exploring the launch of an antitrust probe into the company’s policies related to its app store policies and fees. Chinese officials have reportedly been in discussions with Apple executives and developers since last year, according to…
Embattled Hong Kong developer New World Development (NWD) said Thursday night that it will continue to prioritise real estate development as its core business this year and proceed with project launches, amid market rumours that the company is at risk of a default. Residential sales in Hong Kong continue to improve, and the company will…