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Market Insight : Alibaba and Baidu Embrace Chinese AI Chips Amid Nvidia Supply Crunch Due to US Sanctions

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Market Insight : Alibaba and Baidu Embrace Chinese AI Chips Amid Nvidia Supply Crunch Due to US Sanctions Company Overview The article highlights Chinese technology giants such as Alibaba , Baidu , and Tencent Holdings turning to Chinese-made AI chips. This movement stems from supply-chain challenges faced due to U.S. export sanctions impacting Nvidia , a key supplier of AI semiconductor chips. The adoption of local AI chips aims to mitigate impact on AI development and maintain technological growth despite international restrictions. Technical Indicator Breakdown and Analysis (as of 2025-05-30) EMA12: 132.87083 - The 12-day Exponential Moving Average (EMA) shows the short-term momentum trend. EMA26: 126.46078 - The 26-day EMA represents the longer-term momentum, used together with EMA12 for trend identification. MACD: 6.41005 - The Moving Average Convergence Divergence (MACD) value indicates positive momentum as the short-term EMA is above the long-term EMA. RSI: ...

Market Insight : TSLA - Tesla Supplier CATL Targets Record $4 Billion Hong Kong IPO – Set to Transform 2025 Financial Landscape

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Market Insight : TSLA - Tesla Supplier CATL Targets Record $4 Billion Hong Kong IPO – Set to Transform 2025 Financial Landscape Market Insight : TSLA - Tesla Supplier CATL Targets Record $4 Billion Hong Kong IPO – Set to Transform 2025 Financial Landscape Company Overview Contemporary Amperex Technologies Co. Ltd. (CATL) is a leading supplier of lithium-ion batteries to Tesla Inc. and other automotive manufacturers. The company is planning a record-breaking IPO in Hong Kong, aiming to raise over $4 billion. This move could position CATL as a significant player in the global battery manufacturing industry throughout 2025 and beyond. Technical Indicator Breakdown and Analysis (as of 2024-06-07) EMA12: 279.024099 The 12-day Exponential Moving Average (EMA) shows the recent short-term price trend and momentum. EMA26: 272.16395 The 26-day EMA reflects the longer-term price trend, smoothing out daily fluctuations. MACD: 6.86015 The Moving Average Convergence Dive...