Insights
Since June 2022, the Federal Reserve has been reducing its balance sheet to restrict liquidity in financial markets in response to elevated inflation levels. Initially, the Fed reduced its monthly reinvestments by $60 billion in U.S. Treasuries and $35 billion in mortgage-backed securities (MBS), am...
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Following previous controversies of supplying 7nm chips to Huawei through proxies, TSMC is rumored to be requested by the U.S. Department of Commerce to suspend shipments of all its 7nm or more advanced chips to the AI/GPU clients in China, starting from today (November 11), according to the reports...
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According to Liberty Times, citing Chinese meida outlet TMTPost, as the U.S. has imposed sanctions on China's semiconductor industry since 2019, over 22,000 Chinese chip companies have shut down as of the end of 2023. The report pointed out that a large number of Chinese chip companies have gon...
Insights
With the end of the U.S. presidential election last week, diminishing uncertainty boosted equity markets, leading to a strong 4.66% rally in the S&P 500 Index, reaching 5,995.5 points. In the bond market, the victory of Donald Trump and robust economic data drove the 10-year U.S. Treasury yie...
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According to MoneyDJ, citing Reuters, the U.S. government is actively working to curb the development of China's semiconductor industry. Republican Congressman John Moolenaar, chair of the House Select Committee on the Chinese Communist Party, along with senior Democratic Congressman Raja Krishna...