The US Supreme Court has upheld the law mandating China-based ByteDance to divest its ownership of TikTok by Sunday, or face an effective ban of the popular video-sharing app in the United States. The ruling underscores growing national security concerns tied to TikTok’s data collection practices and alleged links to…
LightShed Partners co-founder Rich Greenfield remains convinced that TikTok will continue to operate in the United States and that too under the ownership of China-based ByteDance. His comment follows an announcement from the Biden Administration that it doesn’t plan on enforcing the ban on TikTok that was originally due to…
Donald Trump, the US president-elect, announced on his social media platform, Truth Social, that he had a “very good” phone call with Chinese President Xi Jinping ahead of his return to the White House next week. The conversation, which marked the first interaction between the two leaders since Trump’s departure…
SemiAnalysis expert Myron Xie says Taiwan Semiconductor Manufacturing Co. Ltd. is “the only game in town for AI chips.” TSMC is currently the leading and most reliable supplier of advanced artificial intelligence chips – and counts Nvidia as well as the hyperscalers committed to building their chips as customers. This…
Codelco, Chile’s state-owned copper behemoth and the world’s largest copper producer, is preparing for enormous expansion by considering joint ventures with partners such as Saudi Arabia. In a recent interview with Reuters, Chairman Maximo Pacheco stated that the business plans to increase copper production to around 1.4 million metric tons…
Intel Corp (NASDAQ: INTC) popped as much as 10% on Friday following a SemiAccurate report that a new name is now interested in taking over the US-based semiconductor manufacturer. The news website added that the mainstream media has not previously indicated that this unnamed potential acquirer is interested in buying…
Small-cap stocks have been inching up in recent sessions but there are a bunch of names that are still trading at a significant discount. These stocks are all the more attractive to own ahead of Trump’s inauguration on January 20th. Why? Because the incoming government is broadly expected to take…
Cryptocurrencies recorded significant surges over the past few sessions as bulls emerged ahead of Donald Trump’s inauguration ceremony. Crypto trading platforms confirm the prevailing enthusiasm with surged trader activities. BitDegree data shows Binance’s 24-hour trading mushroomed from $4.78 billion on 11 January to yesterday’s peak of $19.06 billion. That suggests…
EVgo stock price has crashed hard in the past few months, erasing some of the gains made in the fourth quarter. After soaring to a high of $9.07 on October 25 last year, it has plunged by 60% to the current $3.57. It has moved to its lowest level since…
China’s economy expanded by 5% in 2024, buoyed by surging manufacturing and government stimulus, according to official data released by the National Bureau of Statistics (NBS). The figure slightly exceeded economists’ forecasts of 4.9% but marked the country’s slowest growth rate since 1990, excluding years affected by the coronavirus pandemic.…