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

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. The biggest increases were recorded for gasoline (49.6% vs 22.5% in March), fuel oil (37.3% vs 20....

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

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 Arm is one of the jewels in the UK technology crown, with its IP licensed to hundreds of manufacture...

EDITORIAL: Making an impact on the world - Vimarsana News

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 advanced manufacturing facilities there, with the aim of rejuvenating Japan’s lagging chip industry...

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

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 Holdings Ltd., a British company that U.S. graphics-chip maker Nvidia Inc. agreed in September to acquir...

Source: wsj.com