Business
Huawei’s High-Tech Phone Chip Surprise
Huawei’s release of a mobile phone utilizing technology the US has sought to keep out of Beijing’s hands has set off alarm bells this week in Washington. Huawei’s Mate60 Pro is powered by a new 7-nanometer processor that was fabricated in China by SMIC. Vlad Savov reports on Bloomberg Television.
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Wall Street is eagerly anticipating Nvidia’s earnings on Wednesday afternoon, not so much for what the numbers will say about the chip giant, but for what they mean to artificial intelligence investors and the market itself.
Treasury Secretary Scott Bessent’s surprise plan to tamp down US borrowing costs by expanding bond buybacks may have sparked fierce debate about its ultimate effectiveness, but key market metrics and positioning show that it’s having an impact.
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Content creator Macy Gilliam spent 90-hours over four months and about $2,000 making a sweater from scratch, starting with wool from a sheep at New York City’s Queens County Farm Museum. Gilliam joins Christina Ruffini on Bloomberg This Weekend where she explains that the project gave her a new appreciation for the labor behind clothing and raised questions about transparency, quality and ethics across fashion’s complex supply chains.
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Beijing threatened to retaliate against the US and signaled it won’t back away from its cooperation with Iran after the Trump administration’s latest sanctions targeted businesses in China and Hong Kong. Bessent unveiled dozens of new sanctions on entities, individuals and vessels, but the main thrust of a high-profile press conference was threatening so-called secondary sanctions against companies and countries that continue doing business with Iran.
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00:12:17 – Bessent Plan Risks Collision Course with China
00:14:30 – Derek Halpenny of MUFG
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@liquiddream
December 21, 2023 at 5:03 pm
Just came out that SK Hynix is running an investigation and it turns out all memories in the Mate 60 Pro are SK Hynix chips. wait for more stories like this!
@fangtom9128
December 21, 2023 at 5:03 pm
To be honest, US government really underestimated Chinese ability and patience
@jeffreystliow
December 21, 2023 at 5:03 pm
When the Chinese break thro' with their new proposed SSMV-EUV machine, sky is the limit. End of ASML may be nearer than we think.
@Its.anarch
December 21, 2023 at 5:03 pm
Huawei красавчики, разнесет санкции
@eatmybutt42069
December 21, 2023 at 5:03 pm
LOL this chinese propaganda. Huawei's phone are TRASH!
@IgorSilva-mz1lm
December 21, 2023 at 5:03 pm
HUAWEI is the best!!!
@lokechanmun8587
December 21, 2023 at 5:03 pm
I thought the Americans belief in free market competition.
@appcity8608
December 21, 2023 at 5:03 pm
The president suffers from Alzheimer's disease. The president's son takes drugs and illegally owns firearms. Gun murders occur frequently. He robs other countries' assets like a robber and creates war. He spreads rumors and lies to the whole world and illegally imposes sanctions and plunder. Without the United States, this country is as disgusting and shameless as a dungworm.
@mangguodaren7366
December 21, 2023 at 5:03 pm
Now they are sanction themselves
@zawarshah508
December 21, 2023 at 5:03 pm
China 🇨🇳 will overcome this difficulty what takes other countries years to make in China it's a matter of a few months or a year or two. Sanctions will not work for China. It's too advanced for that. There universities are probably producing the best possible talent coming through anywhere in the world. In technologies probably even more advanced than anything the USA can produce. Interesting times ahead 🤔
@investorhirsi7321
December 21, 2023 at 5:03 pm
All he can say is maybe this is China ceiling
@LeeShauFei-nb2dr
December 21, 2023 at 5:03 pm
In Layman's terms the only way to overthrow China the only final result is to wage real war. First by persuade his own allies to go first so that he himself made "spotless of his own hands".
Final method to overthrow, wage real war by first persuading allies to go first. The conclusion then will unveiled the true beast that foretold in the holy writ.
@thabom9791
December 21, 2023 at 5:03 pm
Amazing China !!!!!
@shortdog6360
December 21, 2023 at 5:03 pm
They going to cut all these company in the west off . You guys really screwed up this time
@unfilteredvibes
December 21, 2023 at 5:03 pm
I remember that the reason for sanctioning Huawei was because "Huawei has backdoors" and poses security risks. As an IT engineer, I still want to see what this "backdoor" looks like?🤣
@seangaun
December 21, 2023 at 5:03 pm
What is that to investigate 🇺🇸? Try to hinder other countries development? 🇺🇸 MOTHER OF ALL WARS AND TRADE SANCTIONS
@user-qs5wm6ol5t
December 21, 2023 at 5:03 pm
last year China graduate STEM students in the same period the USA graduate drag queens; it's not even a competitions; we already lost before it even begin.
@AgentSmith911
December 21, 2023 at 5:03 pm
7 nm is far behind Taiwan's TSMC 3 nm. China will always lag behind.
@yangliauchang272
December 21, 2023 at 5:03 pm
China should ban all Apple products like what US did to Huawei products accusing Huawei provides back door service but can't prove its existence until today. China is in the risk of internal security breach if keep using US products and services. China, it is time for you to take immediate action before it is too late.
@yonghuifan330
December 21, 2023 at 5:03 pm
遥遥领先
@bufagu1264
December 21, 2023 at 5:03 pm
its like watching a bully gets slapped. the only thing america is best at today is squandering a great inheritance.
@lttml6039
December 21, 2023 at 5:03 pm
Just remember, sanctioning a Chinese and trying to stop then from rising is the quickest way to make them rise…they are hardworking, intelligent and very resourceful!
@tutacat
December 21, 2023 at 5:03 pm
Man couldn't see Intel fab???
@zetajolyne3689
December 21, 2023 at 5:03 pm
Chips are manmade not godmade. ——Wang Chuanfu, President of BYD.
plus BYD make chips for themselves
@mikewant5230
December 21, 2023 at 5:03 pm
When a superpower has a moron leader , the empire is falling down soon.
@huanluo1741
December 21, 2023 at 5:03 pm
美国的衰落不可逆转！！！跟住潮流，你也将会是成功者😂
@eish3291
December 21, 2023 at 5:03 pm
What a lot of commentators dont say is that the American companies only design the chips, but that almost all are fabricated in Asia such as Taiwan or South Korea.
@mhd230289
December 21, 2023 at 5:03 pm
Blooming berg is sarcastic about the success of Chinese companies. That means you morons don’t allow anyone to prosper and be independent. This is a totally flawed viewpoint. I would tell such countries go to hell. And the Dutch to go and shit themselves
@waketang4991
December 21, 2023 at 5:03 pm
USA,parasites of the world 😂