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Top related persons:
Phelix Lee - 2 Lee - 2 There's - 1 That's Taiwan's - 1 Dan Kim - 1 Kim - 1 FactSet - 1 TSMC - 1
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China U.S Taiwan Shanghai Hua Hong's Shanghai Hong Kong Beijing
Top related orgs:
Taiwan Semiconductor Manufacturing Company - 1 Nvidia - 1 CNBC - 1 Morningstar - 1 Saturna - 1 Huahong Group - 1 Huahong - 1 Getty - 1

Search resuls for: "Phelix Lee"


3 mentions found


☆ 14 analysts upgraded this global AI chip stock in the past 2 weeks
  + stars: | 2024-05-14 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +3 min
There's been so much love for one global chip stock that as many as 14 analysts upgraded it in the past two weeks. Based on a CNBC Pro FactSet screen, 14 analysts upgraded the stock in the past two weeks, and none downgraded it. Those covering the stock say they are optimistic in light of AI demand, among other factors. This "inefficiency" has been estimated to likely create an additional ~10% in equipment demand over time," Kim added. When it comes to AI, Kim also said that each large language model upgrade cycle requires roughly 100 times more in compute capacity upgrades.
Persons: There's, That's Taiwan's, Phelix Lee, Lee, Dan Kim, Kim, FactSet, TSMC Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, CNBC, Morningstar, Saturna Locations: U.S, China, Taiwan
☆ Shares of China's second largest chip foundry Hua Hong jump 13% in Shanghai debut
  + stars: | 2023-08-07 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +2 min
Shares of the chipmaker opened on the Nasdaq-style Star Market at 58.88 Chinese yuan, according to Refinitiv data. That's a 13.2% jump from its offer price of 52 Chinese yuan ($7.23). The Shanghai-listed shares have since pared gains and were trading lower at 53.99 Chinese yuan on Monday afternoon. Hua Hong's Shanghai debut raised 21.2 billion yuan ($2.95 billion) — in what was the largest IPO in mainland China so far this year, according to EY's global IPO report. SMIC raised 46.28 billion yuan ($6.62 billion) during its IPO in 2020.
Persons: Hua Hong, Hua Hong's, Chips, Hong, Phelix Lee, Lee, SMIC Organizations: Huahong Group, Huahong, Getty, Shanghai Stock Exchange's, Semiconductor Manufacturing International Corp, Nasdaq, Morningstar Asia, Hua Locations: Shanghai, China, Hua Hong's Shanghai, Hong Kong, Beijing
☆ China's top chipmaker will 'struggle' to make cutting-edge chips competitively
  + stars: | 2023-04-28 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +5 min
China's largest chipmaker SMIC won't be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment, analysts told CNBC. Vcg | Visual China Group | Getty ImagesChina's largest chipmaker SMIC won't be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment, analysts told CNBC. Following the 2020 sanctions, the U.S. last year introduced sweeping export restrictions aimed at cutting China off from advanced chip tech and equipment. The Netherlands as well as Japan have reportedly followed the U.S. in imposing rules aimed at restricting China from accessing advanced chip tech. "Can SMIC produce in a commercially viable way scaled by the hundreds of thousands or tens of millions in some cases?
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