Nvidia's Market Cap Evaporates $620 Billion Amidst Intensifying US-China Tech Rivalry
Nvidia's Market Cap Evaporates $620 Billion Amidst Intensifying US-China Tech RivalryNvidia's rapid decline raises several questions. The company has achieved a dominant global market position in recent years due to its cutting-edge technology in artificial intelligence, deep learning, and high-performance computing...
Taobao 88VIP Becomes the Premier Partner of the 2025 NBA China Games, with Comprehensive Member Benefit Upgrades
Taobao 88VIP Becomes the Premier Partner of the 2025 NBA China Games, with Comprehensive Member Benefit UpgradesOn December 12th, Taobao officially announced that Taobao 88VIP has become the premier partner of the 2025 NBA China Games. This means 88VIP members will receive exclusive NBA game experiences and benefits, further enhancing member value and solidifying its leading position in the e-commerce membership system...
China's First Batch of Space Rice Achieves a Bumper Harvest: A Major Breakthrough in Space Breeding Technology
China's First Batch of Space Rice Achieves a Bumper Harvest: A Major Breakthrough in Space Breeding TechnologyStrictly speaking, the space rice that has matured wasn't grown through its entire life cycle directly in space. It's the result of multi-generational breeding and improvement in space...
Nvidia's $9 Billion Market Cap Wipeout in China: Unpacking the Truth and Future Trajectory
Nvidia's $9 Billion Market Cap Wipeout in China: Unpacking the Truth and Future TrajectoryGlobal graphics processing unit (GPU) giant Nvidia recently suffered a significant blow, with its stock price plummeting 3% overnight, resulting in a RMB 640 billion (approximately USD 9 billion) evaporation of its market capitalization. The catalyst for this dramatic fall was an investigation launched by the Chinese government, sparking widespread concern within the global tech community and sending ripples through the semiconductor industry...
Nvidia's "Sudden Change of Fortune": A Global Shockwave Triggered by an Antitrust Investigation in China
Nvidia's "Sudden Change of Fortune": A Global Shockwave Triggered by an Antitrust Investigation in ChinaOn December 9th, a bombshell announcement rocked the global tech world: Nvidia, the American chip giant, is under investigation in China for alleged violations of anti-monopoly laws. This investigation not only sent shockwaves through Nvidia but also profoundly impacted the global chip industry landscape, becoming a landmark event in China's push for domestic substitution and the maintenance of fair market competition...
Nvidia, DJI, and the US-China Tech Showdown: Global Supply Chain Impacts of Monopoly Investigations and Sanctions
Nvidia, DJI, and the US-China Tech Showdown: Global Supply Chain Impacts of Monopoly Investigations and SanctionsGlobal chip giant Nvidia recently faced an antitrust investigation by China's State Administration for Market Regulation (SAMR), while the US House of Representatives plans sanctions against Chinese drone manufacturers DJI and Autel, sparking global concern. This not only involves Nvidia's near-monopoly in the AI chip market but also highlights the intense technological competition between the US and China, and its profound impact on global supply chains...
China's First Self-Built Ocean Drilling Vessel, "Dreams": Ushering in a New Era of Deep-Sea Exploration
China's First Self-Built Ocean Drilling Vessel, "Dreams": Ushering in a New Era of Deep-Sea ExplorationOn November 17, 2024, China's first domestically designed and built ocean drilling vessel, "Dreams," was officially commissioned in Guangzhou. This marks a crucial step forward in China's deep-sea exploration capabilities and the modernization of its equipment...
Hefei Guoxian Invests 55 Billion Yuan in World's First FMM-less AMOLED Production Line, Leading China's Display Industry to Global Leadership
Hefei Guoxian Invests 55 Billion Yuan in World's First FMM-less AMOLED Production Line, Leading China's Display Industry to Global LeadershipOn September 25th, Hefei Guoxian Optoelectronics Technology Co., Ltd...
Huawei's Yinwang: A Strategic Layout Empowering the Intelligent Upgrade of China's Automotive Industry
Huawei's Yinwang: A Strategic Layout Empowering the Intelligent Upgrade of China's Automotive IndustryIn 2023, China's automotive industry achieved a production and sales volume exceeding 30 million vehicles, becoming the world's largest automotive exporter. New energy vehicle (NEV) production and sales accounted for over 60% of the global market share...
Porsche Appoints Alexander Pollich as CEO of China, Targeting Market Recovery
Porsche Appoints Alexander Pollich as CEO of China, Targeting Market RecoveryGerman luxury car manufacturer Porsche officially announced on July 21st that Alexander Pollich, currently Chairman of the Executive Board of Porsche AG, Germany, will succeed Michael Kirsch as Chief Executive Officer (CEO) of Porsche China, effective September 1st, 2024. He will be responsible for operations in mainland China, Hong Kong, and Macau...
The 2024 China International Big Data Industry Expo: Co-creating a Blueprint for the Digital Economy and Infinite Possibilities for the Future
The 2024 China International Big Data Industry Expo: Co-creating a Blueprint for the Digital Economy and Infinite Possibilities for the FutureThe global digital transformation is reshaping the world's economic landscape with unprecedented force. In 2024, from the Government Work Report to national policy documents, accelerating the construction of a digital economy with data as a key element and developing new forms of productivity are key priorities...
Nvidia's $640 Billion Market Cap Evaporation: China's Market Is No Longer a "Cash Cow"
Nvidia's $640 Billion Market Cap Evaporation: China's Market Is No Longer a "Cash Cow"Nvidia's seemingly nonchalant response "We are happy to answer any questions from the regulators" failed to anticipate the ensuing storm. A single investigation announcement wiped $640 billion off the global chip giant's market capitalization, which exceeded a trillion dollars, and exposed it to a potential $5 billion fine...