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Amid the escalating tech war between China and the US, along with rising geopolitical tensions, China has accelerated its import of chip manufacturing equipment since the middle of last year to counter potential US chip sanctions, with Dutch company ASML and Japanese company Tokyo Electron (TEL) be...
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According to an earlier report from Bloomberg, the Dutch government may restrict ASML's after-sales services for Chinese customers. Regarding the matter, the Dutch Prime Minister Dick Schoof has stated that the government's decisions will prioritize ASML's actual interests to avoid jeopardizing it...
Insights
Summary: Q2 real GDP revised up to 3.0% Initial jobless claims last week fell by 2,000 to 231,000 Continuing claims last week rose by 13,000 to 1,868,000 The U.S. initial jobless claims slightly declined last week, as reported by the Bureau of Labo...
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Supermicro Computer has reportedly been targeted by short-sellers and questioned over alleged accounting manipulations, leading to a delay in filing its 2024 10-K annual report and causing market unease. On August 27, Hindenburg Research, a short-selling company known for targeting major entitie...
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China's export controls on crucial semiconductor materials are reportedly hitting the supply chain, with concerns rising over potential shortages of advanced chips and military optical hardware. According to the U.S. Geological Survey, China produces 98% of the world's gallium and 60% of its germ...