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Elon Musk's Tesla Introduces Limited Time Insurance Subsidy Of Over $1000 On Model 3 Purchases In China
Express News | U.S. Tech Stocks Rise in Pre-Market Trading, With Tesla, Nvidia, Broadcom, and TSMC Increasing Over 2%, and Micron Technology Nearly Up 2%
In Pre-Market Trading, most China Concept Stocks rose, European stocks in Defense and Autos increased, the German 10-Year Treasury Notes Yield surged significantly, and the dollar weakened.
In February, Hon Hai Precision's revenue reached 551.383 billion New Taiwan dollars, a year-on-year increase of 56.43%; the revenue growth for the first two months of 2025 achieved 25%, significantly higher than the same period last year. The company's four major Business Sectors all experienced year-on-year growth in February, reflecting the continuous expansion of demand for AI computing.
Amazon's AWS Reportedly Forms New Team Focused on Agentic AI
The USA government plans to adjust the rules of the "Broadband to Every Village" project, with Musk potentially benefiting by $10 billion.
According to informed sources, the USA Commerce Department is preparing to adjust the rules of the Biden-era "Broadband for All" initiative, with Musk's "Starlink" Satellite Internet being the biggest potential beneficiary; previously, the rules favored traditional fiber networks, and state governments could only allocate funds to satellite Internet companies in areas where fiber was not accessible.
Trump threatened to abolish the chip law: they took the money but did not spend it, it is better to use it to pay off debt.
Trump stated yesterday that USA lawmakers should abolish the Chips Act, which provides $52.7 billion in subsidies for Semiconductor manufacturing and production, and that this money should be used to pay off debt. Some officials expressed concerns and criticisms regarding Trump's remarks.