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Huawei Touts Sanctions-Busting Chip Breakthrough, SMIC Shares Erupt
Huawei Touts Sanctions-Busting Chip Breakthrough, SMIC Shares Erupt
Semiconductor Manufacturing International soared to a record high in China after Huawei unveiled what it described as a breakthrough pathway for advanced semiconductor production at the IEEE ISCAS conference, without relying on the West's most advanced chipmaking equipment.
Huawei's semiconductor chief, He Tingbo, told the audience earlier today that the company has developed a "New Semiconductor Path in Practice" that replaces traditional Moore's Law-style geometric scaling with time scaling and reducing signal propagation delay across devices, circuits, chips, and systems.
Huawei's press release...
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Jun 5, 2026 / Tyler Durden
Goldman, JPM Block China, Hong Kong Investors From SpaceX IPO
Goldman, JPM Block China, Hong Kong Investors From SpaceX IPO
SpaceX's institutional roadshow kicked off Thursday, with JPMorgan CEO Jamie Dimon hosting a "live interactive discussion" for ultra-wealthy clients across 90 JPM locations in 26 states. Shortly after, SpaceX's IPO slide deck was made public, likely in a bid to supercharge retail demand for what could be the largest public listing in history. However, one key investor pool appears to be shut out: China and Hong Kong.
Bloomberg News reports that SpaceX's underwriters have blocked investors in China and Hong Kong...
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Apr 17, 2026 / Tyler Durden
House Votes To Extend Surveillance Powers Until April 30
House Votes To Extend Surveillance Powers Until April 30
The US House of Representatives on Friday passed a bill extending Section 702 of the Foreign Intelligence Surveillance Act (FISA) - which was notoriously abused so spy on the 2016 Trump campaign, and has been used for "backdoor searches" targeting Americans. Friday's vote - via unanimous consent after a longer five-year reauthorization pushed by Republicns failed to advance - extends Section 702 until April 30.
The short-term measure now moves to the Senate, which faces a looming deadline: the current authorization expires April 20....
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May 2, 2026 / Tyler Durden
The U.S. Wants To Ban Chinese Cars, But They're Already At The Gate
The U.S. Wants To Ban Chinese Cars, But They're Already At The Gate
Efforts in Washington to block Chinese-made cars often sound like a future problem - but in practice, those vehicles are already within reach of American consumers, according to the Wall Street Journal.
Just south of the U.S. border, Chinese automakers have been rapidly expanding in Mexico, setting up dealerships and offering vehicles at prices far below what most new cars cost in the U.S. Brands like BYD, Geely, and Great Wall Motor are selling electric and gas-powered models...
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