US tech stocks were dragged down by China's probe into Nvidia, but everything and anything that could benefit from new Chinese stimulus roars up The Nasdaq fell 0.6%, and the S&P 500 fell by 0.6% from their record all-time high. Tech stocks, telcos, and cruise lines fell the most, while copper stocks such as Freeport-McMoRan$Freeport-McMoRan (FCX.US)$and lithi...
Nisdey
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China's probe is just well timed posturing to try and get some leverage over Trump before he takes office. Nobody still believes that TSMC aren't involved in some kind of back door shenanigans with the CCP. This is just a distraction until Trump imposes tariffs and some kind of ChinVidia pops up with a breakthrough AI accelerator. It's all well and good to design the things, but if you can't make them domestically, and your government taxes the sh*t out of the only place that can, it's all a bit pointless isn't it. And why isn't Intel doing anything at all to close the gap? Where are the industrial espionage agents learning how to replicate what is obviously a solved problem, using the very same machines they have access to. It just doesn't seem that hard to do, especially when all the odds are skewed in your favour. It's not as if the laws of physics are somehow different in Taiwan.
財神爺係我兄弟 : $FCX 250131 37.00P$
Peasant Investor OP 財神爺係我兄弟 : Thats ok i am going for the long shot