TechWire

U.S. cuts off some semiconductor technology exports to China

Jensen Huang expects TSMC's U.S. plant to mass-produce Nvidia chips within year

Li Auto falls more than 5% after releasing Q1 earnings results

2025.06.11

07:34

                            Mistral AI Launches First AI Inference Model
                        
                            On June 10, French technology company Mistral AI announced that it has launched its first AI reasoning model, Magistral, which will be released in both open and enterprise versions. Mistral AI said that the model generates responses through logical reasoning while integrating expertise across professional fields to provide a traceable and verifiable transparent reasoning process, aiming to keep pace with competitors at the forefront of AI development.
                        
07:32

                            Huatai Securities: Sports camera and panoramic camera industries are booming, and Chinese manufacturers are rising rapidly
                        
                            Huatai Securities Research Report stated that with the rise of outdoor sports, the rapid growth of social media content, and the gradual maturity of VR/AR, sports cameras and panoramic cameras, as key devices for capturing and sharing dynamic moments and immersive experiences, are gradually changing from niche imaging devices for extreme sports players to "breaking the circle" and becoming creative productivity tools for outdoor sports enthusiasts and short video users. The "new consumption" attribute is significant, and the industry is in a rapid growth stage. Inspur, GoPro, and DJI are the three core players. Looking to the future, "all-round" personal imaging equipment may be the development direction, and the core of competition in the industry is shifting from hardware parameters to multi-dimensional competition such as AI, software ecology, and differentiated innovation capabilities.
                        
07:27

                            OpenAI CEO Sam Altman: Will spend more time on open weight models
                        
                            OpenAI CEO Sam Altman said that it will take some more time to work on the open-weights model, meaning that it is expected to be launched in late summer this year, but not in June.
                        
07:22

                            Liu Qingfeng of iFLYTEK: Adhere to the independent and controllable domestic computing power. We have the ability to do it and we must do it
                        
                            Liu Qingfeng, chairman of iFLYTEK, spoke at the company's 26th anniversary celebration, talking about the challenges of conducting large-scale model training and algorithm innovation based on domestic computing power, which requires additional steps and computing power. Liu Qingfeng pointed out that the development of new algorithms based on domestic computing power will be three months slower than using overseas computing power, but insisting on independent control is both a result of strength and a necessary choice to avoid being strangled.
                        
07:16

                            The "Enlightenment" fully automatic design system for processor chip software and hardware is released
                        
                            The reporter learned on the 10th that the world's first fully automatic processor chip hardware and software design system "Enlightenment" based on artificial intelligence technology was officially released recently. The system can realize the full process of automated design from chip hardware to basic software, which means realizing AI design chips, and reaching the level of manual design by human experts in many key indicators. Related research results were recently published on the preprint website arXiv.org. Processor chips are known as the "crown jewel" of modern technology. Their design process is complex and precise, with extremely high professional thresholds. They are highly dependent on an experienced team of experts, with high costs and long cycles. At the same time, the market demand for specialized processor chips and their basic software adaptation and optimization is growing. However, the number of processor chip practitioners in my country is seriously insufficient, and it is difficult to meet this growing demand.
                        
07:16

                            More than 60% of active equity funds regained their lost ground and grasped the hot spots of science and technology to win the market in the future
                        
                            It has been two months since the sharp correction of A-shares on April 7. As of June 9, more than 60% of active equity funds (including ordinary stock funds, equity-oriented hybrid funds, balanced hybrid funds, and flexible allocation funds) have successfully "climbed out of the pit", and the net value of the funds has returned to the level of two months ago. Among them, medical theme funds with heavy positions in innovative drugs and other sectors are advancing by leaps and bounds, and are making an impact on the "championship throne" of semi-annual active equity funds. In early June, the artificial intelligence (AI) industry chain represented by computing power began to exert its strength, and the net value of many funds with heavy positions in AI targets rose sharply, just wiping out the retracement of the past two months. Near the mid-year stage, the market style switch has caused heated discussions in the market. Some industry insiders pointed out that there have been signs of adjustment in the innovative drug and new consumption sectors recently, and the internal rotation of the market is relatively sufficient. Be wary of short-term adjustments under the game of capital stock. Starting from mid-June, dividend assets will enter the time window of concentrated dividends, and there may be pressure to cash out after the ex-dividend date. If funds flow out of defensive assets or constitute a financial positive for other styles of assets, in theory, the offensive technology direction will benefit greatly, and low-priced technology stocks with industry catalysts may have excess return opportunities.
                        
06:48

                            The Hong Kong IPO market is hot, and the A+H listing model continues to heat up
                        
                            Data shows that as of press time on June 10, a total of 190 companies were queuing up at the Hong Kong Stock Exchange, most of which were from mainland China. Among the companies queuing up for Hong Kong IPOs, nearly 30 companies, including Dongpeng Beverage, Sany Heavy Industry, and Will Group, have already been listed on the A-share market. Recently, several A-share listed companies, including Stone Technology, BlueFocus, and EVE Energy, have announced plans to issue H-shares and list on the Hong Kong Stock Exchange, adding more heat to the wave of A-share companies going public in Hong Kong. Institutional sources said that driven by factors such as the listing of multiple large IPOs, improved liquidity, and favorable policies, the Hong Kong stock IPO market is expected to accelerate its recovery this year, and the listing of high-quality companies in Hong Kong will further enhance the attractiveness of Hong Kong stocks in major global markets.
                        
05:48

                            Sam Altman looks ahead to AI: The next 10 years will be different than any previous one
                        
                            In his latest blog post, OpenAI CEO Sam Altman predicts that in 2025, agents capable of true cognitive work will emerge; in 2026, systems capable of generating new insights may emerge; and in 2027, robots capable of performing tasks in the real world may emerge. In some very important ways, the 2030s are likely to be very different from any previous period, with intelligence and energy becoming extremely abundant, and with abundant intelligence and energy (and good management), you can theoretically have anything else. At the same time, we also face serious challenges. Safety issues need to be addressed at the technical and social levels, but given the economic impact, it is also crucial to widely popularize access to superintelligence. The best way forward may be to: 1. Solve the alignment problem, which can robustly ensure that the learning and actions of artificial intelligence systems are in the direction that the collective really wants in the long run; 2. Focus on making superintelligence cheap, widely available, and not too concentrated in any one person, company, or country.
                        
05:00

                            Microsoft declares quarterly dividend of $0.83 per share
                        
                            Microsoft declared a quarterly dividend of $0.83 per share.
                        
04:31

                            The listing of the leading company has triggered the panoramic camera industry chain, and investment institutions are optimistic about the industry prospects
                        
                            With the successful listing of Inspur on the A-share market, panoramic cameras, a niche imaging track, are attracting great attention from the capital market. Driven by the surge in demand for content creation and the diversification of short video formats, the terminal imaging equipment market is experiencing rapid growth. Industry data shows that the global retail market size for panoramic cameras is expected to climb from 2.51 billion yuan in 2017 to 7.85 billion yuan in 2027, with a compound annual growth rate of more than 10%. This blue ocean market is attracting many hardware manufacturers to actively deploy. It is reported that DJI, the global drone giant, will launch its first consumer-grade panoramic camera next month. The entire industry represented by panoramic cameras has also received great attention from capital. Many investment institutions interviewed by Securities Times reporters said that they are optimistic about the development prospects of the industry, and the development of artificial intelligence (AI) will bring new opportunities to the industry. 
                        
04:14

                            GameStop: 4,710 bitcoins purchased with cash between May 3 and June 10, 2025
                        
                            GameStop: Purchased 4,710 bitcoins with cash between May 3 and June 10, 2025.
                        
04:12

                            U.S. stocks closed: All three major indexes hit a record high in at least three months, and Intel achieved its largest single-day gain in two months
                        
                            The three major U.S. stock indexes closed higher, with the Nasdaq up 0.63%, the S&P 500 up 0.55%, and the Dow up 0.25%. Among them, the Nasdaq and S&P 500 continued to hit new closing highs since the end of February, and the Dow hit a new closing high since early March. Most large technology stocks rose, with Intel up nearly 8%, the largest single-day gain in two months; Tesla rose more than 5%, Google and Meta rose more than 1%, Apple, Nvidia, and Amazon rose slightly; Netflix fell more than 1%, and Microsoft fell slightly. Circle fell more than 8%, after a cumulative increase of more than 270% in the three days since its listing. McDonald's (MCD) closed down for seven consecutive trading days, the longest consecutive decline since 2013.
                        
02:33

                            Global economy set for weakest growth since Covid-19, OECD has said
                        
02:31

                            Second day of US-China trade talks have begun
                        
02:21

                            High immigration is worsening Canada's economic problems, says the OECD
                        
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