Markets

It always looked inevitable that the semiconductor industry would end up having one leading edge logic fab.  The problem is if you don’t make money from one generation you haven’t got enough money to invest in a fab for the next generation, which is why so many companies have become fabless over time. Back in the 1980s companies like IDT, ...

Last year, 45% of  ICE car models in China and 39% of EV modecost under $25,000, according to the International Energy Agency . For cars costing $50k and more, 21% were ICE and 15% wereEVs. In Europe,  3% of EV models and none in the U.S. were priced below $25,000 last year. Only 6% in Europe and 3% in the ...

The ‘zero-mileage used car’ is not only a contradiction in terms but a new way to shift EV inventory in China. To create a zero-mileage used car a dealer registers a new EV to get the manufacturer’s rebate then re-registers it as a  second hand ‘zero mileage used car’ and drops the price. In April China’s collective inventory of unsold ...

Here’s a priceless video with Jensen Huang talking about his attitude to pushing out into new areas like supercomputers. Nvidia is on a roll going from chips to servers, to datacentres, to supercomputers to robots. Here’s how he thinks that way and persuades bis team to follow.

EV manufacturers are mostly aiming  to produce a vehicle in the country or region in which they want to sell it, and some are doing better than others in penetrating foreign markets as data from the  IEA shows. In general, most EVs produced in China, North America, the European Union and the APAC region are manufactured by companies from those countries ...

The US and China are buying less from China, says, the Council on Foreign Relations. Vietnam, Malaysia and Thailand are exporting more goods but are having to import more from the US  to reduce the effects of the ‘reciprocal’ tariffs. Japan, which is richer than these countries and has more negotiating clout, is taking its time talking and is  not ...

Moves to clip Nvidia’s wings are accelerating with China expecting to take a 40% share of its domestic market for AI ICs this year, reports TrendForce. Leading the charge in China are: Huawei’s Ascend series of AI ICs. Cambricon with its Siyuan MLU which it plans to ramp this year Alibaba’s T-Head with its Hanguang 800 inference chip. Baidu with ...

Jensen Huang must feel extremely gratified by President Trump’s trip to the Middle East with his agreements to spend multi-tens of billions of dollars on massive data centres using Nvidia chips. It seems that Trump has accepted the argument, which Huang is alleged to have made to him, that if the US maintains its restrictions on the sale of the ...

Tech was the biggest wealth generator among billionaires, in 2024, according to The Wealth Report 2025 by Knight Frank, accounting for some $2.6 trillion across 342 billionaires. However the largest number of 2024 billionaires – 427 – came from the financial sector. Over the last decade, manufacturing produced the most new billionaires – 509 – of whom half are in ...

The Magnificent Seven are used to being market movers in a positive sense but, at the moment, they are among the loss leaders. All seven closed last week at least 14.5% below their most recent three-month high, with Microsoft the least affected by the recent sell-off and Tesla the most. Tesla’s share price has nearly halved since December 17, as ...