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OP: Tech Stocks Charge Higher, Markets Pulled Along For The Ride

SpyGate is now available free to members of IMPRO and MIM trading room. Join the MiM.  The annual inflation rate in the US soared to 4.2% in April of 2021 from 2.6% in March and well above market forecasts of 3.6%. It is the highest reading since September of 2008, amid a surge in demand as the economy reopens, soaring commodity prices, supply constraints. There is also a base effect weighing as the coronavirus pandemic dented economic activity bringing the inflation rate to 0.3% in April 2020...
United States Dave Wilson Goldman Sachs Tesla Inc Nvidia Inc Trading Group

ARM Holdings acquisition to be assessed for national security issues says government

ARM Holdings acquisition to be assessed for national security issues says government Dowden said the CMA would prepare a report by the end of July Nvidia Inc’s (NASDAQ:NVDA) proposed US$40bn of UK tech star ARM Holdings is to face an investigation over potential national security issues, the government has announced. Oliver Dowden, the UK culture secretary, said today he has told the Competition and Markets Authority (CMA) to start a formal probe into the deal. Cambridge-based chip designer ...
United Kingdom Hargreaves Lansdown Nicholas Hyett Sherman Hauser Oliver Dowden Jensen Huang Nvidia Inc

EDITORIAL: Making an impact on the world

“As the world is no longer placid, TSMC is gaining a vital position with strategic importance,” Taiwan Semiconductor Manufacturing Co (TSMC) founder Morris Chang (張忠謀) told TSMC employees at the company’s annual sports event in November 2019. Leadership in technology, manufacturing excellence and customer trust are the key factors to safeguard TSMC’s competitive edge, Chang said. Chang’s words have been proven true, as the Japanese government is eager to convince TSMC to set up a...
United States Morris Chang Mediatek Inc Samsung Electronics Co Xiaomi Corp Berkshire Hathaway Inc

China's Chip-Independence Goals Helped by U.S.-Developed Tech

Jan. 11, 2021 9:31 am ET A U.S.-born approach to defining how computer processors work presents a potential steppingstone to chip independence for Chinese tech companies that face growing limits from Washington on buying American semiconductors. The so-called RISC-V technology offers an openly accessible approach to running the brains that power personal computers, smartphones and servers. It is an emerging rival to two, long-dominant proprietary models from Intel Corp. and Arm Holdin...
United States United Kingdom Handel Jones Alibaba Group Holding Ltd Arm Holdings Ltd Intel Corp
Source: wsj.com

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