New Evidence of Quantum Spin Liquid Found in Cerium Tin Oxide, Promising Breakthroughs in Fundamental Physics and Quantum ComputingBEIJING, December 16 (Science and Technology Daily) An international team of scientists from Switzerland, the United States, France, and other countries has announced the discovery of new evidence for a quantum spin liquid in cerium tin oxide (Ce2Sn2O7). This groundbreaking discovery, published in Nature Physics, promises revolutionary advancements in fundamental physics and quantum computing...

NVIDIA's Troubles in China: Antitrust Investigation and Supply Cut Rumors Shake the MarketAccording to a report in the Southern Metropolis Daily on December 13, 2024, the root of the current turmoil can be traced back to 2019. That year, NVIDIA spent nearly $7 billion to acquire all equity in Israeli chipmaker Mellanox...

Geely and Baidu Jointly Declare Commitment to Addressing Jietu Auto Employee Social Security and Related IssuesOn December 13th, Geely Holding Group and Baidu Group issued a joint statement expressing their commitment to actively resolving challenges recently faced by Jietu Auto. The statement clearly indicates that as shareholders of Jietu Auto, Geely and Baidu will fully assist Jidu management in properly handling related matters, prioritizing employee welfare and user interests...

China's Antitrust Probe of Nvidia: A $5 Billion Fine and a Global Chip WarChina's antitrust investigation into American chip giant Nvidia, with a potential fine of up to $5 billion, has drawn global attention. The move immediately wiped 640 billion RMB off Nvidia's market capitalization, causing it to be overtaken by Apple and losing its position as the world's most valuable company...

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...

Tencent Video's VIP Membership Adjustment: A Controversy Over "Shrinking" BenefitsOnline video platforms have become an integral part of daily entertainment. However, Tencent Video's recent announcement regarding adjustments to its VIP membership benefits has sparked widespread controversy, once again bringing the issue of "shrinking membership benefits" to the forefront...

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 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 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...

Huawei Mate X Series Achieves Remarkable Success, Solidifying its Leading Position in the Foldable Phone Market!Yesterday, Huawei's latest foldable phone, the Mate X series (hereinafter referred to as Mate X), officially went on sale. Despite its nearly 20,000 RMB price tag, it sold out in mere seconds...

E-commerce Miracle on the Tibetan Plateau: Pinduoduo Livestreaming Helps Tibetan Agricultural and Pastoral Products Reach Nationwide MarketsOn July 24th, a livestreaming event themed "Snow-Covered Plateau, Abundant Treasures" took place in the Lulang International Tourism Town, Linzhi City, Tibet Autonomous Region. This livestreaming extravaganza, jointly produced by Pinduoduo and CCTV News, attracted over 20 million viewers and ushered in a new chapter for the nationwide promotion of distinctive Tibetan agricultural and pastoral products...

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...