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2024-10-21

[News] NVIDIA Reportedly in Talk with Samsung for Potential GPU Orders amid Rumored Tensions with TSMC

Would Samsung finally be able to secure major orders from tech giants, even one of the world’s top AI companies? According to a report by The Information, the most successful and lucrative partnership in AI business, which is formed by NVIDIA and its foundry partner TSMC, is showing signs of stra...

2024-10-21

[News] China Cuts Lending Rate to Boost Economic Growth after September’s Monetary Easing

The People’s Bank of China (PBoC) announced on October 21 a reduction of both the 1-year and 5-year Loan Prime Rates (LPR) by 25 basis points each, bringing them to 3.1% and 3.6%, respectively. Read more at Datatrack   In mid-September, the PBoC launched a series of large-scale monetar...

2024-10-21

[News] India Intends to Restrict Laptop Imports to Boost Local Manufacturing

According to a report from Reuters, India is set to impose restrictions on the import of laptops, tablets, and personal computers starting in January, aiming to boost domestic manufacturing. If implemented, the new plan could significantly impact the PC industry, worth USD 8 billion to USD 10 bil...

stock trading on the laptop sreen
2024-10-21

[News] Key Focus This Week: China LPR & Canada Monetary Policy on Rate Cut

Last week, following TSMC's release of better-than-expected third-quarter earnings, the U.S. S&P 500 index hit a new record high. In the bond market, U.S. Treasury yields remained largely unchanged, with the 10-year minus 2-year yield spread holding at 13 bps. Meanwhile, the U.S. dollar index co...

2024-10-21

[News] AI Fuels Optical Product Demand, Marvell Reportedly Set to Raise Prices Next Year

According to a report by the Economic Daily News, U.S. chip giant Marvell Technology has announced that it will raise prices across its entire product line starting January 1 next year, marking the first major price hike in the optical communications sector. Marvell's strong financial performance...

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