Jerry Lin

Jerry Lin

The Latest

  • NVIDIA's $300 Billion Cloud Ambition: Beyond Just Chips
    Jensen Huang, CEO of Nvidia, shows the Drive Pegasus robotaxi AI computer at his keynote address at CES in Las Vegas
    Amid a slowdown in Oracle's quarterly performance that exceeded expectations, only its AI-related business saw an unexpected surge. The cloud services and technology licensing business reported a 13% year-over-year increase in revenue for the quarter. To date, Oracle has secured over $4 billion worth of capacity orders for its second-generation cloud from AI development companies, doubling the previous quarter's figures.
  • Apple's Desired Chips: Made in Taiwan, Not the U.S.
    NOT ECSTATIC
    In December of last year, Apple CEO Tim Cook visited Phoenix alongside U.S. President Joe Biden to tour a high-profile factory under construction by Taiwan Semiconductor Manufacturing Company (TSMC). Cook indicated that this factory would produce chips for Apple.
  • Fed Grows Confident in U.S. Dodging Recession; Annual GDP Forecast May Double in September
    Sheets of former U.S. President Abraham Lincoln on the five-dollar bill.
    Amid resilient U.S. economic data over the summer, the Federal Reserve appears increasingly confident in achieving a historically rare "soft landing" - curbing inflation without triggering an economic downturn.
  • China's Economic Hurdles: A Deep Dive into the Impending Challenges and Their Global Implications
    China Securities Regulatory Commission
    China, once the world's fastest-growing economy, is now grappling with a series of economic challenges, casting a shadow over its ambitions to become the world's leading superpower. Recent data indicates a slowdown in manufacturing for the fifth consecutive month, coupled with the looming collapse of one of its largest homebuilders. This downturn is not an isolated incident but a reflection of deeper systemic issues plaguing the Chinese economy.
  • Is Arm Worth Its $52 Billion Valuation, Surpassing NVIDIA?
    ARM
    On Tuesday, September 5th, Arm's IPO application to regulators revealed a per-share ADS pricing between $47 and $51. With a total issuance of 95.5 million ADS, this places Arm's valuation at an estimated $52 billion.
  • Asia's Intra-Regional Trade Heats Up: A New Global Trade Trend Emerges
    ASEAN leaders
    Two major summits in Asia have captured global attention this week: the annual ASEAN leaders' series of events in Indonesia and the upcoming G20 summit in India. Meanwhile, intra-regional trade in Asia is gaining momentum, particularly the deepening economic and trade ties between China and Southeast Asian nations. Observers suggest that a new wave of trade trends is taking shape.
  • Evergrande Shares Soar 82% on Hopes of Recovery
    China Evergrande owes $28 million for Changchun land, city govt says
    In a remarkable turn of events, shares of the beleaguered Chinese property developer, Evergrande, soared by an astounding 82% on Wednesday. This surge led the charge for other Chinese property stocks, signaling a potential rebound in a sector that has been under significant strain for months.
  • Qualcomm Ventures into Automotive AI: Partnerships with BMW, Mercedes, and Amazon Cloud
    Qualcomm Tops Magna's Bid With $4.6 Billion Offer For Veoneer
    Facing Nvidia's aggressive advancements in the Artificial Intelligence (AI) chip sector, Qualcomm, traditionally known for its mobile chips, is venturing into new territories.
  • Brent Crude Breaks $90 for First Time in 10 Months: Saudi Arabia Extends Production Cuts Amid Rising Prices
    Crude Oil
    International oil prices are on the rise, with Saudi Arabia and its "ally" Russia possibly continuing their crude oil production cuts.
  • Eurozone PPI Drops for Seventh Consecutive Month: A Breather for the ECB?
     European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Benefiting from declining prices in intermediate products like steel and lumber, the Eurozone's Producer Price Index (PPI) for July decreased by 0.5% month-on-month and 7.6% year-on-year, both in line with expectations.
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