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Samsung, SK Hynix Expected to Benefit Amid Increased Demand for NAND: Citi
Market Chatter: US Prepares New Sanctions on Chinese Semiconductor Firms
DA Davidson Raises Price Target on Intel to $23 From $21, Keeps Neutral Rating
Apollo: Energy transition has a potential investment of 50 trillion in the future. The 'industrial renaissance' emerges accordingly.
The asset management giant apollo global management believes that with the emergence of energy transition investment opportunities valued at 50 trillion dollars in the coming decades, a period of "industrial renaissance" will occur.
Outsourced headlines: Biden hopes Trump will reconsider tariffs on Canada and Mexico; Canadian antitrust institutions sue Google; Germany plans to provide €2 billion in subsidies to the chip industry.
Global financial media headlines that were collectively focused on last night and this morning primarily included: Biden expressed hope for Trump to reconsider tariffs on Mexico and Canada. US President Biden stated on Thursday that he hopes President-elect Trump will reconsider his plans to impose tariffs on Mexico and Canada, stating this could "mess up" relations with close allies. "I hope he reconsiders. I think that would backfire," he said in Nantucket, "Our situation in the USA is unusual, we are surrounded by the Pacific, the Atlantic, and two allied countries: Mexico and Canada. The last thing we need to do is to start damaging this."
The German government plans to provide approximately 2 billion euros in new subsidies to the chip industry.
The German government is preparing to provide several billion euros in new investment to the country's semiconductor industry. Two months ago, Intel shelved its plan to build a 30 billion euro (32 billion US dollars) chip factory in Magdeburg. German Ministry of Economic Affairs spokesperson Annika Einhorn stated on Thursday that the new funds will be provided to chip companies for developing "significantly more modern production capacity than the current technological level". Two officials attending official events related to the financing plan this week said that subsidies totaling approximately 2 billion euros are expected. Due to the non-public nature of the discussions, sources requested anonymity. The German Ministry of Economic Affairs hopes to leverage the newly proposed
Intel is the backbone of the American economy. They won’t let it fail. I got in at $19 and I’m still holding
