A technician inspects a computer chip. Safa Ozil | E + | Getty Images GUANGZHOU, China – China’s tech sector has embarked on a wild ride over the past year, with tightening regulations, wiping billions of dollars from companies’ market value and a steady push from Beijing to achieve tech self-sufficiency. These are among the … Read more
Ed Yardini offers the long-running market bull a dose of year-end optimism. Yardini, who is known for managing investment strategy at Prudential and Deutsche Bank, expects the holidays to boost stocks deeper in record territory. “This is going to be one of the best Christmas seasons ever,” Yardeni’s head of research told CNBC’s Trading Nation … Read more
People pass by Tencent’s booth at the China International Trade in Service Fair in Beijing on September 6, 2020. Noel Siles | AFP | Getty Images GUANGZHOU, China — Tencent on Wednesday launched three chips it has developed, the first time the Chinese internet giant has publicly talked about its progress in semiconductors. It comes … Read more
A technician inspects a computer chip. Siva Ozil | E + | Getty Images GUANGZHOU, China – China’s tech giants are seeking to develop their own semiconductors or chips, a move seen as progress toward China’s goal of becoming self-reliant in critical technology. In fact, China is still very far even if it is one … Read more
Employees assemble an ASML NXT1970Ci photolithography machine at the ASML Holding NV plant in Veldhoven, the Netherlands. Jasper Guinen | Bloomberg | Getty Images Analysts were making bullish calls on ASML — which builds the machines used to make the world’s most advanced chips — ahead of Wednesday’s third-quarter earnings announcement. .