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2024-08-15

[News] U.S. CPI Slows to 2.9% in July, Marking the Smallest Increase Since March 2021

The U.S. Bureau of Labor Statistics released the CPI data on August 14th, showing a year-over-year increase of 2.9% in July, slightly below the data in the previous month and market expectations of 3.0%. The core CPI, which excludes food and energy, rose by 3.2% year-over-year, down from 3.3% in th...

2024-08-14

[News] Intel Has Offloaded Stake in ARM, Reportedly Raising nearly USD 150 Million

After announcing reductions in capital expenditures, massive layoffs, and the suspension of dividends, according to a report from Reuters, Intel is focusing on increasing its cash reserves to sustain company operations. The same report also indicates that Intel has sold off its entire stake in the...

2024-08-14

[Insights] Memory Spot Price Update: NAND Prices for Package Dies and Wafers Dropped Slightly due to Slow Transactions

According to TrendForce's latest memory spot price trend report, regarding DRAM spot prices, demand has yet to show improvement, leading to increased inventory pressure on suppliers, which indicates the potential for larger price drops in the future. As for NAND flash, the overall price trend is sti...

2024-08-14

[News] Huawei Rumored to Launch New High-End AI Chip, Potentially Rivaling NVIDIA’s H100

According to a report from The Wall Street Journal citing sources on August 13th, it's revealed that Chinese internet companies and telecom operators have been testing Huawei's latest processor, the "Ascend 910C," in recent weeks. Reportedly, Huawei has informed potential customers that this new chi...

2024-08-14

[News] AI Bubble in China? Nearly 80K AI Firms Reportedly Stop Operation 2 Years after Foundation

Is the AI bubble about to burst? Two years after OpenAI launched ChatGPT, sparkling a surge in generative AI startups, China has now seen a wave of closures on AI companies. According to a report by Commercial Times, citing Chinese media TMTPost, nearly 80,000 AI companies in China have registered a...

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