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11/08/2026
NVIDIA CEO Jensen Huang: There is a demand for computing power in artificial intelligence laboratories and AI startups.
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2 m ago
There are reports that TSMC (TSM.N) is unable to complete the final packaging of the A20 Pro (2nm/N2) processors worth approximately $1 billion produced for Apple, resulting in them being stored at the factory while waiting for the arrival of memory chips. Analyst Ming-Chi Kuo pointed out that Apple (AAPL.O) has indeed reduced its hardware shipping plans this year due to memory shortages. However, Apple typically plans TSMCs processor production at least three months in advance based on the expected available memory, rather than allowing TSMC to produce large quantities of work-in-progress units ahead of time. To my understanding, there has not been a dramatic situation where TSMC accumulates $1 billion worth of work-in-progress and then has to wait for memory to arrive for packaging. Both TSMC and Apple are known for their top-notch execution, and given the close coordination of the supply chains between the two companies, such dramatic developments would be unusual.
8 m ago
Market news: Blackstone Group (BX.N) is set to acquire a minority stake in Air Canada's Aeroplan loyalty program for $2 billion. This deal will inject new funds into Air Canada to tackle rising fuel costs and weak demand for travel to the United States.
10 m ago
Liu Haixing led a delegation of the Communist Party of China to visit Cuba and attended the first "Fidel International Dialogue."
21 m ago
Blackstone Group is about to finalize a $2 billion deal to acquire a minority stake in Canada's Aeroplan loyalty program.
24 m ago
The China Earthquake Networks Center reported: A magnitude 4.2 earthquake occurred near Gao County, Yibin City, Sichuan Province at 05:31 on August 11. The final results will be subject to the official report.
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