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Korean chip stocks slide as Hynix trades below IPO amid China competition fears
markets29 days ago

Korean chip stocks slide as Hynix trades below IPO amid China competition fears

South Korean chip shares fell sharply as AI-infrastructure spending concerns and rising competition from China weighed on sentiment, with Samsung Electronics and SK Hynix dropping up to about 9%–11%. SK Hynix’s U.S.-listed price closed around $143.02, below its $149 IPO price, while the benchmark KOSPI slid about 8% as investors awaited earnings reports. Analysts pointed to doubts about Chinese memory makers expanding capacity and a shift in AI-chip demand, with CXMT’s strong debut and Nvidia/OpenAI funding chatter adding to memory and AI-chips fears.

via Yahoo Finance|
#ai-infrastructure#china-competition#markets
Peter Schiff Declares AI Stock Boom Over as SpaceX SPCX Slumps
markets1 month ago

Peter Schiff Declares AI Stock Boom Over as SpaceX SPCX Slumps

Economist Peter Schiff argues the AI stock bubble has likely burst as SpaceX (SPCX) slides, trading around $120 after a drop of over 46% from its high and about 11% below its IPO price; Schiff says AI itself isn’t a bubble, but AI stocks are, blaming intensified Chinese competition (Moonshot AI’s K3) for the fade, and noting SpaceX’s chart looks weak even as other bears question SpaceX’s high valuation.

via Benzinga|
#ai-bubble#china-competition#markets
America’s Comeback as the Global Leader in Medical Research
politics2 months ago

America’s Comeback as the Global Leader in Medical Research

RFK Jr. argues the U.S. must reclaim its lead in clinical trials and medical innovation, warning that China is ahead in early-stage testing and that Chinese firms accounted for nearly half of global pharma licensing deals in 2025. He outlines Trump-era reforms across FDA, NIH, ONC and ARPA-H to accelerate development while preserving safety, and calls for broad collaboration among researchers, health systems, tech companies and regulators to restore America’s competitive edge and patient access to new therapies.

via Fox News|
#china-competition#clinical-research#fda-nih-arpa-h
Honda Scraps Three Planned EVs as it Reorients Toward Hybrids
business5 months ago

Honda Scraps Three Planned EVs as it Reorients Toward Hybrids

Honda is canceling the planned launches of three EVs (the Honda 0 SUV, Honda 0 Saloon, and Acura RSX) as it reassesses its EV strategy amid U.S. policy shifts and rising competition from China. The company will refocus on hybrids, warns of record losses for the year ending March 2026 with operating expenses projected at 820 billion–1.12 trillion yen and total costs potentially reaching 2.5 trillion yen. The move contrasts with peers pursuing volume EVs, while Honda cites a tougher competitive environment and consumer concerns as key headwinds.

via Gizmodo|
#auto-industry#business#china-competition
US Government to Acquire Stake in Lithium Americas to Support Nevada Lithium Project
business10 months ago

US Government to Acquire Stake in Lithium Americas to Support Nevada Lithium Project

The US government is taking a 5% stake in Lithium Americas and its Thacker Pass lithium project in Nevada to bolster domestic lithium supply and counter China's dominance in the market, as part of broader efforts to develop a resilient supply chain for critical metals. The move aims to accelerate the project’s development, which is expected to significantly increase US lithium production for electric vehicle batteries and other technologies.

via Bloomberg.com|
#business#china-competition#lithium-americas