SINGAPORE - Media OutReach Newswire - 29 October 2025 - Arrow Electronics and EMASS - a global provider of technology solutions, and an edge-AI-focused-semiconductor developer, respectively - have announced a collaboration to accelerate the deployment of ultra-low-power edge AI solutions across wearables, industrial IoT and smart sensing devices, using EMASS's ECS-DoT System on Chip (SoC). By leveraging Arrow's global engineering expertise, product design capabilities, comprehensive supply chain services a ...

Core Insights - The 2025 Shenzhen International Electronic Components and Materials Procurement Exhibition (ES SHOW 2025) emphasizes "high-end and self-sufficiency" and "supply chain innovation" amid increasing external uncertainties in the Chinese electronics industry [1][2] - The industry is experiencing a collective anxiety regarding "self-sufficiency," with a focus on ensuring supply chain security becoming a top priority [2] - Emerging applications such as AI and renewable energy are driving significant changes in the upstream electronics industry [3] Industry Trends - The exhibition gathered hundreds of domestic and international companies, showcasing cutting-edge products in key areas like semiconductors and precision manufacturing [2] - The demand for fully domestically produced chips and controllable supply chains has become a primary concern for clients [2] - The recent Bay Area Semiconductor Industry Ecosystem Expo highlighted breakthroughs in domestic electronic design automation (EDA) software and high-speed oscilloscopes, marking significant advancements in China's self-sufficiency efforts [2] Demand Drivers - AI and renewable energy are identified as strong engines for demand, with the exhibition featuring dedicated areas for these sectors [3] - The explosion of AI large models is creating exponential demand for upstream components such as computing power, storage, and sensing devices [3] - Capital markets are shifting focus from chip design performance to foundational aspects of the industry, indicating a maturation of the sector [3] Market Performance - Data indicates that Shenzhen's semiconductor and integrated circuit industry reached a scale of 256.4 billion yuan in 2024, with a year-on-year growth of 26.8%, and continued to grow at a rate of 16.9% in the first half of 2025 [4] - The trends observed at ES SHOW 2025 and the Bay Area Expo suggest that Shenzhen is advancing from merely supplementing the supply chain to achieving breakthroughs in the electronics information industry through ecosystem collaboration [4]

Core Insights - The article emphasizes the importance of a holistic approach to investment recommendations, considering the entire investment ecosystem rather than evaluating companies in isolation [1]. Group 1: Analyst Background - Michael Del Monte is a buy-side equity analyst with over 5 years of experience in the investment management industry [1]. - Prior to his current role, he spent over a decade in professional services across various industries, including Oil & Gas, Oilfield Services, Midstream, Industrials, Information Technology, EPC Services, and Consumer Discretionary [1]. Group 2: Investment Philosophy - Investment recommendations are based on a comprehensive understanding of the investment ecosystem, highlighting the interconnectedness of various sectors and companies [1].

JUST IN: 🇺🇸🇨🇳 President Trump to discuss Nvidia $NVDA AI chips with Chinese President Xi Jinping during meeting. ...

Core Insights - U.S. President Donald Trump plans to discuss Nvidia's advanced AI chips, specifically the Blackwell architecture, with Chinese President Xi Jinping during their upcoming meeting [1][2] - Nvidia's Blackwell chips, particularly the GB200 Grace Blackwell Superchip, are touted as being a decade ahead of competitors in the AI chip market [2][3] - The discussion comes amid Nvidia's challenges in accessing the Chinese market due to export controls and recent actions by Beijing to prevent imports of Nvidia's chips [3][4] Company Insights - Nvidia's Blackwell architecture represents its latest generation of AI chips, which are essential for training and running large language models [2] - The company has faced restrictions on selling its most advanced AI chips to China, although some restrictions were rolled back in July for its H20 chips [3] - Nvidia's CEO indicated that the company is currently "100% out of China" and has no market share there, highlighting the significant impact of geopolitical tensions on its business [4] Industry Insights - The AI chip market is highly competitive, with Nvidia claiming a technological lead over other companies [2][3] - The situation reflects broader trade dynamics between the U.S. and China, with Nvidia's access to the Chinese market potentially being used as leverage in negotiations [4]

Core Viewpoint - Nvidia's CEO Jensen Huang emphasizes the need for a long-term strategy in AI that includes China, warning that U.S. technology restrictions could harm both countries and lead to a loss of global AI talent for the U.S. [1][5][6] Group 1: Nvidia's Market Position and Strategy - Huang revealed that Nvidia's market share in China's advanced chip market has plummeted from 95% to zero due to U.S. export restrictions [1] - He stated that Nvidia needs to access the potential $50 billion market in China to fund R&D in the U.S. and maintain its industry leadership [3] - Huang expressed concern that the U.S. could permanently lose the Chinese market to domestic competitors if current policies continue [5] Group 2: U.S.-China Relations and Policy Implications - Huang called for a balanced approach to U.S.-China relations, arguing that excluding Nvidia from the Chinese market would ultimately harm the U.S. more than China [1][4] - He criticized the Biden administration's export restrictions, stating they push developers towards Chinese technology platforms [6] - Huang highlighted the importance of immigration policies that attract talent to the U.S. tech industry to maintain competitiveness in AI [6] Group 3: Technological Development and Manufacturing - Huang promoted Nvidia's latest AI chips, particularly the Blackwell series, and noted that production is partially based in the U.S. [8][9] - He mentioned that while some manufacturing processes are still reliant on Taiwan, efforts are underway to bring more production to the U.S. [9] - Huang's discussions with Trump focused on bringing manufacturing back to the U.S. and enhancing economic strength [8] Group 4: Industry Dynamics and Future Outlook - Huang indicated that the rise of Chinese tech companies has led to significant stock price increases for local chip firms, signaling a need for U.S. government action [4] - He expressed hope for a change in the situation regarding U.S. access to the Chinese market, emphasizing its importance for Nvidia's future [4] - Huang's increased engagement with U.S. government officials reflects a shift in Nvidia's strategy to secure support amid tightening regulations [7]

October 28, 2025 04:18 PM GMT Global Economic Briefing M Global Idea Global Tariffs: China Focus for Oct update Amidst the government shutdown, there is little to update with regard to the progress on effective tariff rates in the US. Instead, this month we focus on US-China trade YTD to decipher patterns ahead of APEC. Key Takeaways Morgan Stanley & Co. International plc (DIFC Branch)+ Rajeev Sibal Senior Global Economist Rajeev.Sibal@morganstanley.com +971 4 709-7201 Morgan Stanley & Co. LLC Seth B Carpen ...

on 28-Oct-2025 27 October 2025 Global Memory Korea Memory Export Tracker: Upside to Samsung's 3Q25 HBM, & Downside to SK hynix's Mark Li +852 2123 2645 mark.li@bernsteinsg.com Edward Hou, CFA +852 2123 2623 edward.hou@bernsteinsg.com Yipin Cai, CFA +852 2123 2669 yipin.cai@bernsteinsg.com We find Korea export data is a good leading indicator of HBM revenue from Korean suppliers. With that & the availability of the September data, we find an upside risk to Samsung's 3Q25 HBM revenue but a downside risk to SK ...

Summary of Key Points from the Conference Call Industry Overview - The focus is on the **US Data Center** industry and its power demand forecasts, particularly in relation to **GenAI** (Generative AI) technologies [2][3][4]. Core Insights and Arguments - The projected **power shortfall** for US Data Centers from 2025 to 2028 has been updated to **49 GW**, an increase from the previous estimate of **45 GW** [4][9]. - The percentage of power sourced from **renewables** has been reduced, indicating challenges in meeting data center power needs without significant reliance on the grid or alternative power generation methods [4][9]. - **Natural gas turbine transactions** are expected to contribute an additional **15-20 GW** of power, while **Bloom Energy (BE)** could potentially add **5-8 GW**, contingent on increasing its annual production capacity to **3 GW** [5]. - The analysis includes **Bitcoin mining operations**, which have nearly **20 GW** of large sites with firm grid interconnection agreements, suggesting they offer the fastest time to power with lower execution risk for AI players [5]. Data Center Power Usage Projections - Total power usage by GenAI is projected to grow significantly, reaching **393 TWh** by 2028, with an annual growth rate decreasing from **419%** in 2024 to **51%** by 2028 [10]. - GenAI's power consumption as a percentage of total US Data Center power is expected to rise from **4%** in 2023 to **231%** by 2028, indicating a substantial increase in demand [10]. Additional Insights - The report emphasizes the importance of **AI Infrastructure stocks**, particularly those that can alleviate bottlenecks in data center growth, as they are likely to appreciate in value [11]. - A comprehensive **heat map** of AI Infrastructure stocks has been developed, showing the relative attractiveness of stocks across the value chain based on potential upside to price targets [11]. Conclusion - The findings highlight a critical need for innovative power solutions to address the growing demand from data centers, particularly those driven by GenAI technologies, while also indicating potential investment opportunities in related infrastructure and energy solutions [4][5][11].

28 October 2025 | 4:20PM EDT Equity Research Seagate Technology (STX): First Take: Strong beat-and-raise quarter should send shares higher Key stock takeaways: We expect the stock to trade higher following a quarter which was above the Street, with stronger EPS guidance primarily driven by pricing. We believe investor expectations were elevated given growing confidence in continued pricing momentum as HDD shortages persist. We expect investors to focus on critical elements of management's commentary on the ...