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Express News | China has approved an a 6 trillion yuan ($839 billion) program to refinance local government debt, aiming to support its slowing economy. Offshore RMB exchange rate falls to 7.180.
Is the demand for ai chips slowing down? Taiwan Semiconductor's sales in October increased by 29.2% year-on-year, the lowest growth rate since February.
taiwan semiconductor's sales in October were 314.24 billion new Taiwanese dollars, a year-on-year increase of 29.2%, significantly slower than the nearly 40% growth in September. Media reports point out that taiwan semiconductor's sales data in October sound the alarm for the resilience of demand for ai chips.
Nvidia's market cap exceeds $3.6 trillion, refreshing the history of the US stock market.
Nvidia has refreshed the history of the U.S. stock market, becoming the first company in history with a market cap exceeding $3.6 trillion, also the company with the highest market cap globally. Nvidia's market cap has now exceeded the sum of eli lilly and co, walmart, jpmorgan, Visa, unitedhealth group, and Netflix's market cap.
