Following a call between President Trump and Chinese President Xiinping, our next guest says that a face-to-face meeting is unlikely to happen before next year. Joining us now to talk all things uh US and China, US ambassador to China, David Purdue. I know you look at him and you said, "No, he's CEO of Reebok." No, no, no. He's the CEO of Dollar General.No, no, no. He's a senator. No, he's uh you're you're ambassador to China now, but we know you with so many other hats.Um, Mr. . Ambassador, >> good in your ...

Devrimb/iStock via Getty Images Listen here or on the go via Apple Podcasts and Spotify Tech Contrarians on pretty fishy levels (0:30). Where is the money going? (3:40) Oracle, AMD and other contrarian takes (9:45). Not giving China enough credit (14:50). Why Intel deserves a larger market cap (19:30). TSM, Intel and Trump's influence on tech (23:15). Don't fear the bubble (32:10). Transcript Rena Sherbill: Always excited to welcome Sara Awad from Tech Contrarians back to the podcast. Welcome back to ...

Nvidia's dominance in AI chips just hit a serious test. Huawei is ramping up production at breakneck speed, signaling that the Chinese tech giant isn't just competing—it's mobilizing a full-fledged "chip army" to challenge Nvidia in its own backyard.Track NVDA stock here.Huawei Doubles DownHuawei plans to double the production of its Ascend 910C AI chips in 2026, targeting about 600,000 units, and scale its Ascend series to around 1.6 million dies overall, reported Bloomberg.This isn't just a volume play—it ...

[Music] Welcome to Morning Brief Market Sunrise. I'm Raman Karamali live from Yahoo Finance Studios in London. It's Tuesday, 30th September.Coming up on the show, the vice president signals that a government shutdown looks like it will kick in from tomorrow. We'll look into whether China can threaten the US's dominance in the world of artificial intelligence. and I'll tell you all about a stock that surged over 1,700% in less than 24 hours.So, grab your coffee and let's own the morning. [Music] I think we'r ...

彭博：华为计划明年将产量翻一番，生产约60万块昇腾910C芯片，昇腾产品线产量将提高至160万块。知情人士称，预估考虑到华为目前的库存数量以及内部对芯片良率的估计。 https://t.co/jjiDoeSI5Z ...

Core Viewpoint - The Chinese automakers are dominating the electric vehicle (EV) industry, with little competition from American companies like Tesla, GM, or Ford [1][3][4]. Group 1: Chinese Dominance in EVs - Ford CEO Jim Farley emphasized that the competitive reality shows China as the "700-pound gorilla" in the EV market, indicating a significant lead over American counterparts [1]. - Farley noted that China's success is attributed to substantial government support and subsidies for local automakers, which has fostered innovation at low costs [3][4]. - The Chinese EV market features hundreds of companies, including new entrants like BYD, Geely, Nio, and Xiaomi, all benefiting from local government sponsorship [4]. Group 2: Technological Advancements - Farley highlighted that Chinese automakers possess superior in-vehicle technology, with companies like Huawei and Xiaomi integrating advanced features that enhance user experience [5]. - The seamless integration of digital life into vehicles, such as automatic phone pairing, is a significant advantage for Chinese brands [5]. Group 3: Economic Factors - The Centre for Strategic & International Studies reported that the Chinese government has invested at least $230 billion in local EV manufacturers from 2009 to 2023, showcasing the scale of support for the industry [12]. - Rivian's CEO RJ Scaringe pointed out that the competitive edge of Chinese EVs comes from lower labor costs and favorable capital conditions rather than any secret technology [13].

NVIDIA, STRUGGLES WITH GEOPOLITICAL HEADWINDS. OUR BLOOMBERG TECHNOLOGY EDITOR IS JOINING US. WE’RE TALKING ABOUT THE MARQUEE FOR HUAWEI.TALK US ABOUT THE NUMBERS WE LEARNED IN THE COURSE OF REPORTING ABOUT THE NEXT TWO YEARS. >> RIGHT. HUAWEI OF COURSE IS PROBABLY BEST KNOWN FOR ITS COMMUNICATIONS EQUIPMENT, HAD SMARTPHONES FOR A LONG TIME TOO YOU, BUT IT’S ALSO REALLY THE LEADING DEVELOPER OF SEMICONDUCTORS WITHIN CHINA.IT’S PUT A TON OF RESEARCH AND DEVELOPMENT INTO THIS PROCESS. AND IT’S MADE QUITE A BI ...

Economic Data and Market Impact - Treasury yields are experiencing a pullback ahead of significant labor market data, with a focus on the potential government shutdown affecting the unemployment report [2][3] - Key labor market indicators such as the JOLTS report, job openings, and ADP private payroll report will be crucial this week due to uncertainty surrounding the unemployment report [3][10] - European inflation is expected to remain low at 2.3% in the preliminary September reading, with unemployment forecasted to stay at record lows, indicating positive consumer conditions in Europe [5][6] Global Economic Outlook - Growth in Europe is anticipated to pick up towards the end of the year and into the next, suggesting that the European Central Bank (ECB) is nearing the end of its rate-cutting cycle [6] - Preliminary PMIs from the Eurozone showed strength, while China's manufacturing and services PMIs are expected to reflect continued sluggishness [7][8] - China's industrial profits saw a 20% year-over-year increase in August, but this gain was concentrated in a few industries, indicating potential imbalances [8][9] Investment Considerations - The AI arms race between the US and China is driving capital expenditures and stock prices, with some investors considering Chinese stocks as relatively inexpensive [14][15] - Caution is advised for US investors in Chinese AI stocks due to slower growth rates, lower profit margins, and potential regulatory challenges [15][16] - The Chinese stock market is characterized by volatility, and investors are encouraged to maintain smaller positions to manage risk [16]

Government Shutdown and Economic Impact - President Trump is meeting with congressional leaders to discuss a short-term funding bill to avert a government shutdown, which must pass before October 1st [2][3] - Democrats are pushing for health care subsidies and restoration of budget cuts, while Republicans want to negotiate these issues after avoiding a shutdown [3] - A partial government shutdown could lead to federal workers not receiving paychecks, although essential services will continue [5][6] Market Reactions and Economic Indicators - Global stocks are rising following the latest US inflation reading, with core inflation remaining stable at 0.3% for August and an annual headline number of 2.7% [9][10] - Gold prices have surged past $3,800 an ounce, driven by expectations of Fed rate cuts and concerns over the government shutdown, marking a year-to-date increase of over 40% [10][19] - Oil prices are declining as OPEC Plus is expected to increase production in November, reversing previous output cuts [12] Corporate Earnings and Market Trends - Nike is expected to increase its marketing budget significantly ahead of the World Cup, aiming to regain market share lost to smaller brands [20][21] - Alibaba's stock has risen nearly 50% in one month due to bullish analyst calls and significant investments in AI, despite ongoing geopolitical tensions [46][48] - BYD, a major competitor in the EV market, anticipates exporting up to 1 million vehicles by 2025, even as it lowers overall sales targets [38]

Let's bring in Kevin Green, senior markets correspondent right away to help set up the action today. All right, KG, listen, we only have two trading days left in the month. You're higher for the month, much better than uh many analysts, strategists, you name it, uh expected that we would be where we would be finishing this m month.When you think about this month and you put things in perspective, how does that set us up for October. Yeah, I think October could still be a little bit of a difficult month if y ...