Recent reports from Bloomberg have indicated that the U.S. government is contemplating further restrictions on China’s access to chip technology crucial for the advancement of artificial intelligence. Specifically, the Biden administration is exploring measures that would target high-tech chip architecture known as gate all-around (GAA). The GAA technology represents a significant leap in transistor architecture,
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Singapore is predicted to emerge as a prominent gold hub due to the eastward shift of trading activities, as highlighted by the World Gold Council. The growing gold consumption in major emerging economies, particularly in Asia, plays a vital role in this transformation. Shaokai Fan, who serves as the head of Asia-Pacific and global head
The recent European Union election has brought about a significant shift in Germany’s political landscape, with the far-right AfD making substantial gains. With preliminary results showing the AfD securing 15.9% of the vote, it has surpassed Chancellor Olaf Scholz’s SPD, as well as its coalition partners, the Greens and the FDP. The results of the
The European Union elections are a significant event that happens every five years, providing citizens across the 27 EU member countries the opportunity to elect representatives to the European Parliament. With over 400 million people eligible to vote, this election holds a lot of weight in determining the direction and policies of the EU for
Norway’s $1.7 trillion sovereign wealth fund has announced that it plans to vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package. This decision comes after a Delaware judge invalidated the controversial package earlier this year. As the eighth-largest shareholder in Tesla, the fund’s decision carries significant weight in the upcoming shareholder vote. While
The latest report from the Labor Department’s Bureau of Labor Statistics revealed that the US economy added a remarkable 272,000 jobs in May, significantly surpassing the Dow Jones consensus estimate of 190,000. This surge in nonfarm payrolls comes as a surprise to many, especially amidst concerns of a potential slowdown in the labor market. However,
Lee Seok Woo, a scientist at Nanyang Technological University, drew inspiration from a scene in a “Mission Impossible” movie where an agent wears contact lenses with facial recognition and eye tracking capabilities. This scene sparked Lee’s curiosity and led him to develop batteries for smart contact lenses. His expertise in battery components served as the
In the past five years, GameStop’s popularity has taken a drastic turn with the emergence of Keith Gill, also known as “DeepF——Value.” Starting with a $53,000 investment in GameStop, Gill’s net worth has skyrocketed to over $289 million, thanks to his bold moves in the stock market. He gained widespread attention by rallying retail traders
The traditional saying, “A diamond is forever,” seems to be losing its grip on consumers as more and more people are turning to lab-grown diamonds, gold, and other colored gemstones. This shift in consumer behavior is causing a significant impact on the diamond industry, with giant companies like De Beers facing challenges. The allure of
The recent ruling by a U.S. court allowing scientific evidence to be presented in a stack of lawsuits related to the discontinued heartburn drug Zantac has sent shockwaves through the pharmaceutical industry. This decision has had a significant impact on British pharmaceutical giant GSK, whose shares plunged by 9% following the ruling. The cases, which