The Stoxx Europe 600 index fell to an intraday low of 0.5%.Spot silver fell by 2.0% in the day to $30.33 per ounce. New york Silver fell 2.5% in the day to $30.83 per ounce.Broadcom is developing customized AI chips with three large cloud customers. Broadcom's share price rose by more than 20% at the beginning, and its total market value rose to 1.02 trillion US dollars, ranking ninth in the US stock market. After the close of the US Eastern Time on Thursday, Broadcom announced a better-than-expected fourth-quarter financial report. Not only did the profit performance be better than expected, but Broadcom's artificial intelligence revenue more than tripled this year. Broadcom's AI revenue increased by 220% to US$ 12.2 billion this year. It is estimated that the revenue of AI products will increase by 65% in the first fiscal quarter of fiscal year 2025. The CEO of Broadcom revealed that he is developing customized AI chips with three large cloud customers. It is estimated that each customer will deploy 1 million AI chips in 2027.
Puyin AXA Fund: Zhang Jian is the new chairman of the company. On December 13th, Puyin AXA Fund announced that since December 13th, Zhang Jian has been the new chairman of the company, while Xie Wei, the former chairman, left his post on December 13th due to work arrangements, and there is no explanation for his transfer to other positions in the company.Supreme People's Procuratorate: Make full use of the rule of law to serve high-quality development. The reporter learned from the Supreme People's Procuratorate on December 13 that the meeting held on the day of the Supreme People's Procuratorate required that procuratorial organs should fully perform their legal supervision duties in accordance with the law, strive to create a harmonious and peaceful social environment, a safe and stable rule of law environment, a fair and just market environment, and a clean business environment, and make full use of the rule of law to serve high-quality development. (Xinhua News Agency)Nasdaq China Jinlong Index fell more than 2% in the day, while Nasdaq China Jinlong Index fluctuated lower, falling more than 2% in the day. Shells fell more than 5%, while iQiyi, New Oriental and Jinshan Cloud fell more than 4%.
Market news: Brazilian President Luiz Inacio Lula da Silva entered the semi-intensive care unit for recovery after surgery.Maiwell Technology rose more than 11% to a record high, and announced a breakthrough in customized high-bandwidth memory. Maiwell Technology rose more than 11% in intraday trading to US$ 121.86, with its share price reaching a record high and its market value exceeding US$ 100 billion. Maywell Technology announced on Wednesday that the company has made a breakthrough in customized high-bandwidth memory (HBM) for artificial intelligence processors. It is reported that the new artificial intelligence accelerator architecture (XPU) will increase computing power by 25%, memory by 33%, and improve energy efficiency. The company is cooperating with Micron Technology, Samsung and SK Hynix to customize HBM processors for accelerators.ECB officials are expected to cut interest rates further. Villeroy supports the market view, and several ECB officials said that more interest rate cuts are coming. Francois Villeroy de Galhau, governor of the French central bank, said that investors' bets on a cumulative interest rate cut of more than 100 basis points seemed reasonable. "There will be more interest rate cuts next year, and many times," he said on Friday. "Although the central bank did not promise the specific interest rate trajectory in advance, it seems to be quite reassuring to predict the financial market". The interest rate swap market reflects a rate cut of about 120 basis points by the end of next year. According to informed sources, the European Central Bank plans to cut interest rates by 25 basis points in January next year, and may also cut interest rates once in March.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide