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...

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...

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...

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...

Vietnam's "Nvidia Dream": Technological Ambitions and Future Challenges Under the Shadow of an $8 Billion Tax Evasion CaseVietnam, a vibrant Southeast Asian nation, is rapidly rising on the world stage. Recent meetings between Nvidia CEO Jensen Huang and Vietnamese Prime Minister Phm Minh Chnh, coupled with Nvidia's announcement of building an AI factory in Vietnam, briefly propelled the country to the forefront of the AI revolution...

Nvidia CEO Jensen Huang May Avoid $8 Billion in Estate Taxes: Trusts and Tax Strategies Under ScrutinyThe New York Times reports that Nvidia founder and CEO Jensen Huang may have successfully avoided up to $8 billion in estate taxes by utilizing specific mechanisms within US tax law. This report has sparked widespread attention and once again thrusts the tax avoidance strategies of American billionaires into the public spotlight...

Amazon Invests an Additional $4 Billion in Anthropic, Bringing Total Investment to $8 BillionOn November 23rd, AI startup Anthropic announced an expanded partnership with Amazon Web Services (AWS), securing an additional $4 billion investment from Amazon. This brings Amazon's total investment in Anthropic to $8 billion, though Amazon remains a minority shareholder...

Airbus's Multi-Billion Dollar Outsourcing to India: A Cost-Cutting Strategy or a Global Aviation Safety Risk?China, the world's largest aviation market, is a key target for Airbus. The April 2023 mega-deal underscores this, with Airbus executives viewing China as its biggest client and possessing immense market potential...

Double 11 Battle Report: Home Appliances Lead the Charge, Total Sales Exceed 845 Billion YuanAs the 2024 Double 11 shopping festival progresses, e-commerce platforms have once again delivered impressive results. According to the latest data released by Star Map Data, cumulative sales across all platforms have reached 845 billion yuan as of October 30th...

Pinduoduo's Billion-Dollar Subsidy "Super Double Boost" Helps Domestic Brands Boom and Attracts International GiantsDuring the recent Double 11 shopping festival, Pinduoduo's Billion-Dollar Subsidy program launched its second round of "Super Double Boost" campaign. The program focuses on subsidizing blockbuster products from agricultural produce, domestic brands, and global brands, covering brands like Apple, Dyson, Haier, Midea, DJI, Estee Lauder, Adidas, Nike, Lego, and Nintendo...

Sinopec's Charging Pile Network Surpasses 1 Billion kWh, Powered by Alibaba CloudRecently, China Petroleum & Chemical Corporation (Sinopec) announced that its platform's self-operated charging volume has exceeded 1 billion kWh for the year. This milestone marks significant progress for Sinopec in the new energy sector and reflects its commitment to actively responding to the country's call for high-quality development of the new energy industry...