China’s $295B AI Data Center Plan Squeezes Out Nvidia
On June 9, Bloomberg reported that Chinese government agencies have finalized a blueprint to spend approximately 2 trillion yuan ($295 billion) over five years on a nationwide network of interconnected…
Xiaomi Hits Record High as China Tech Stocks Rally on Trade Hopes
Chinese stocks rallied on Thursday as investors bet that easing trade tensions between Washington and Beijing would unlock a broader recovery in the country’s technology sector. Xiaomi shares jumped 5.7%…
