US Shouldn’t Underestimate China: Substrate’s Proud

Micron Technology reported a positive earnings outlook, which has contributed to a surge in tech stocks, particularly in the artificial intelligence sector. This optimism was highlighted by Bloomberg's Caroline Hyde, who noted the increasing interest in AI as a driving force behind market movements.

Patrick McGoldrick, managing partner at JPMorgan Private Capital, discussed the increasing overlap between public and private markets, particularly in the tech sector, where companies are remaining private longer and achieving unprecedented valuations. This trend was highlighted during his appearance on Bloomberg Tech with Caroline Hyde.

Janet Mui, head of market analysis at RBC Brewin Dolphin, highlighted that investors are increasingly focusing on the leverage of technology companies as they approach 2026, emphasizing the ongoing premium investors are willing to pay for leaders in artificial intelligence (AI).

China is advancing its efforts toward chip self-reliance by testing a secret extreme ultraviolet (EUV) lithography prototype, a critical technology for semiconductor manufacturing, amid increasing export controls and rising demand for artificial intelligence (AI) technologies.

China has reportedly reverse-engineered an extreme ultraviolet (EUV) lithography machine, a significant advancement in its semiconductor manufacturing capabilities. The project, completed in early 2025, involved a team of former ASML engineers and marks a pivotal step toward achieving chip self-sufficiency in the country.

China has reportedly developed a prototype extreme ultraviolet (EUV) lithography machine, constructed by former employees of ASML, a leading Dutch semiconductor equipment manufacturer. This development signifies a notable advancement in China's capabilities in semiconductor technology, particularly in producing advanced chips essential for various applications.

An investigation by Reuters revealed that Meta generated over $3 billion from scam advertisements on Facebook and Instagram in China last year, which accounted for nearly 19% of its total ad revenue from the region. The ads promoted illegal gambling, pornography, and other inappropriate content, raising serious ethical concerns about the company's advertising practices.

Lawmakers across Latin America are implementing stricter import regulations on ultrafast fashion from China, aiming to protect the local textile industry from foreign competition. This move reflects a growing trend among countries in the region to prioritize domestic manufacturing and sustainability in the face of global market pressures.