Chinese Stocks Hit One-Year Low as Chip, Optical Firms Slide
- Chinese shares touched a one-year low, led by a selloff in technology firms
- The selloff followed a report that authorities may allow purchases of Nvidia’s new chips
Topic
Semiconductors▲ +37% net tone today
Waaree Energies +0.5% on Fri, 25 Sept- Cyient DLM expects 25–30% growth in electronics design and manufacturing
- Nippon Express targets $380 million in revenue as India’s chip ecosystem expands
- India ranks third globally in semiconductor firm registrations, despite a funding gap
Stories per day
924 Sept
2125 Sept
726 Sept
1227 Sept
428 Sept
Micron could dethrone Nvidia and become the biggest driver of S&P 500 profit growth
- Micron is increasingly important to S&P 500 profit growth
- Its earnings report has become “a market event in and of itself.”