Po Hsu
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$Intel (INTC.US)$ $Taiwan Semiconductor (TSM.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ Intel is going, simply put, full retard on investments. In 2022, they added $33 billion to the infrastructure production and R&D of semiconductors. They realized that the chip shortage would not be alleviated anytime soon. Chip demand will only rise as more industries, particularly in the developing world, go digital.
With the current tensions between the Unit...
With the current tensions between the Unit...
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It’s uncertain whether Intel will make good use of the money. The CEO and management will certainly take a big raise on taxpayers’ money.
@Ixy The Cat:So US taxpayers pony up $52 billion to build factories to make chips and $Intel (INTC.US)$ takes all the profit and ownership of the factories. Crony capitalism at its finest.
Po Hsu
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Bloomberg reported that due to concerns about sensitive data leakage, Chinese regulatory authorities have requested Didi's senior management to formulate a plan to delist from the USA. The plan includes Didi's direct privatization or listing in Hong Kong, and then delisting from the USA. Sources say that if privatization is implemented, the price will be no less than $14 at the time of the IPO. The plan is still under review, and the regulatory authorities may change their minds.
$DiDi Global (Delisted) (DIDI.US)$
$DiDi Global (Delisted) (DIDI.US)$
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Po Hsu
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Thursday, after a choppy day the stock market finished sharply lower as worries about economic growth, nationwide health conditions and Chinese stocks interference led to a shakeout from lofty levels.
The $S&P 500 Index (.SPX.US)$-0.86% had only its second down day of the last 10 sessions. The $Dow Jones Industrial Average (.DJI.US)$-0.75% and $Nasdaq Composite Index (.IXIC.US)$-0.72% also slumped.
10 top-traded US stocks for Thursday
$Kansas City Southern (KSU.US)$
The $S&P 500 Index (.SPX.US)$-0.86% had only its second down day of the last 10 sessions. The $Dow Jones Industrial Average (.DJI.US)$-0.75% and $Nasdaq Composite Index (.IXIC.US)$-0.72% also slumped.
10 top-traded US stocks for Thursday
$Kansas City Southern (KSU.US)$
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Po Hsu : This article is full of bullshit.
Total waste of time reading it.