Syz the moment

"The China market, I've estimated, to be about $50 Billion opportunity for us this year" ... "you would expect it to grow say, 50% per year" "It is the second largest computing market in the world, and it is also the home of about 50% of the world's AI researchers, the vast majority of the leading open source models are created into China. And so it's fairly important, I think, for the American technology companies to be able to address that market." Source: Evan

Source: Barchart

One fabrication plant dedicated to producing Huawei’s AI processors is scheduled to start production as soon as the end of this year, while two more are due to launch next year, said two people with knowledge of the plans. While the new plants are designed to specifically support Huawei, it is not clear who exactly owns them. Huawei denied having plans to launch its own fabs and did not provide further details. Chinese companies are also racing to develop the next generation of AI chips adaptable to a standard advocated for by DeepSeek, which has emerged as the country’s leading AI start-up. Huawei’s latest products are seen as among those that would satisfy DeepSeek’s requirements. Source: FT

👉 Imports from China just hit a 19-year low, and U.S. exports to China are sliding too. Tariffs, decoupling, and weaker demand are crushing the flow of goods. 👉 On paper, China’s GDP is still growing. But when your biggest trading partner is importing less than in 2006, that growth looks hollow. ➡️ It thus seems that China’s stock rally isn’t built on trade or fundamentals but rather being propped up by liquidity and policy support. Source: StockMarket.News @_Investinq

- Turnover nearly 2 trillion yuan in the morning session - CSI 300 within 1% of 2022 high - Technicals signaling short-term overheating. Meanwhile, HSBC lifts China index targets: "We lift our end-2025e target for SHCOMP to 4,000 (from 3,700), CSI300 to 4,600 (from 4,300), and SZCOMP 13,000 (from 11,500) given the abundant liquidity" Source: David Ingles, Bloomberg

The directive comes weeks after the Chinese government told local tech companies to stop buying the chips due to alleged security concerns, the report said, citing people with knowledge of the matter. Nvidia has reportedly asked Arizona-based Amkor Technology, which handles the advanced packaging of the company’s H20 chips, and South Korea’s Samsung Electronics, which supplies memory for them, to halt production. Samsung and Amkor did not immediately respond to CNBC’s request for comment. A separate report from Reuters, citing sources, said that Nvidia had asked Foxconn — officially known as Hon Hai — to suspend work related to the H20s. Foxconn did not immediately respond to a request for comment. Source: CNBC

Seven Nasdaq-listed microcap stocks — Concorde International, Ostin Technology, Top KingWin, Skyline Builders, Everbright Digital, Park Ha Biological Technology and Pheton Holdings — all dropped more than 80 per cent over a few trading sessions in recent weeks. The declines wiped a cumulative $3.7bn off their market value, according to price data analysed by predictive analytics firm InvestorLink. All seven stocks had surged before their sudden sell-offs, having been plugged to investors on WhatsApp groups and social media sites. Analysts and investors said the moves bore many of the hallmarks of pump and dump scams. There is no suggestion that any of the companies named were involved in the unusual share price moves. None of the seven responded to requests for comment. Source: FT

Source: Barchart