Chinese chip stocks soar as Beijing probes US subsidies and dumping practices
Investing.com– Chinese semiconductor stocks rallied on Friday following Beijing’s announcement of an investigation into U.S. government subsidies and potential dumping of lower-end chips into the Chinese market. The Ministry of Commerce’s probe aims to assess whether these U.S. practices are undermining
TSMC’s US plant unlikely to get latest chip tech before Taiwan, CEO says
By Wen-Yee Lee TAIPEI (Reuters) – TSMC’s new U.S. plant is unlikely to get the most advanced chip technology before factories in Taiwan due to complex compliance issues, local construction regulations and various permitting requirements, the Taiwanese company’s CEO said. Taiwan Semiconductor
Chinese chipmakers to see big negatives from Biden’s ‘last dance’- Jefferies
Investing.com– Jefferies expects a major negative impact on China’s chipmaking industry from the Biden administration’s latest round of export controls on the sector- one of the final policies under President Joe Biden before a looming regime change. Biden’s latest round of
Asia stocks rise on upbeat Chinese data, Japan shares drop amid rate-hike bets
Investing.com– Most Asian stocks rose on Friday, buoyed by gains in Chinese stocks following robust economic data, while Japanese equities declined sharply on expectations of an interest rate hike next week. Gains were limited as regional markets were cautious ahead of
Morning bid: Cautious end to week as Trump inauguration looms
A look at the day ahead in European and global markets from Kevin Buckland The tone in the equities markets was decidedly feeble as the week came to an end, with Chinese markets getting very little help from GDP figures that