The Sneaker Resale Market Is Broken The sneaker resale market, once a thriving and lucrative industry, is now facing a crisis. The oversupply of once-hyped sneakers like Jordans has caused resale prices to plummet, shaking the very foundation of this market. As a result, smaller platforms that once thrived on the resale of exclusive sneakers […]
Senator Warren urges stricter AI chip controls on China
Senator Warren Urges Stricter AI Chip Controls on China In the ever-competitive landscape of technology and innovation, the race for dominance in artificial intelligence (AI) has never been more intense. Recently, lawmakers have been pushing for stricter controls on AI chips to counter China’s technological advances in this crucial sector. One prominent figure leading this […]
Chip Stocks Surge Amid Easing US Restrictions on China
As geopolitical tensions and trade restrictions loom, the semiconductor industry finds itself at a critical juncture. Recent shifts in US-China relations have given rise to increased speculation regarding the potential easing of restrictions on chip exports to China, prompting a significant uptick in chip stocks. The semiconductor sector has been a focal point of international […]
Chip Oversupply Forces China SMIC to Rethink Growth Plans
In the world of semiconductors, few companies hold as much significance as Semiconductor Manufacturing International Corp (SMIC), China’s largest chipmaker. Recently, SMIC has signaled a shift in its growth strategy, influenced heavily by ongoing challenges in the global chip market. A prolonged oversupply of mature-node chips, coupled with changing market dynamics, has compelled this industry […]