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The company said it “would never require customers to pay for products they do not receive”, in a response to a Reuters story on January 8 about the company having imposed unusually stringent terms requiring full upfront payment from Chinese customers seeking its artificial intelligence chips.One source told …
“If the independence of the Federal Reserve were to be undermined, that would mean that we could see a kind of structural rise of inflation,” Rehn, who is running to become the European Central Bank’s next vice president, told CNBC.”This kind of action or threats to central bank independence may undermine the …
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Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.Manufacturers pulled shipments forward early in the year to get ahead of tariffs, but the e …
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Taiwan Semiconductor Manufacturing Co, the world’s top contract chipmaker and a key supplier to Nvidia and Apple, is forecast to report a net profit of T$479.1 billion ($15.15 billion) for the three months through December 31, according to an LSEG SmartEstimate compiled from 19 analysts.SmartEstimates place g …
Trump Orders New Wealth Fund for America [sponsor]
Did you catch the news? Recently, Trump’s Treasury Secretary let slip: “We’re going to monetize the most valuable asset of the United States.” What did he mean, exactly? As you’ll see, Trump could soon unleash a massive new boom in America. One that could dwarf the rise of crypto and NVIDIA, combined. Former Presidential Advisor, Jim Rickards says: “We’re talking about a state asset that’s so large – if you divide the figure by the number of households in America, it’d be enough to make every family millionaires. And it will be unleashed starting as early as May 3rd.” For the full story, click here.
Chinese government officials also summoned domestic technology companies to meetings on Tuesday where they were explicitly instructed not to purchase the chips unless necessary, two of the people and a third source said. “The wording from the officials is so severe that it is basically a ban for now, thoug …
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