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3 comment(s). Last comment by foongsh 2023-11-17 14:18
Posted by IDQWE001 > 2023-11-17 10:12 | Report Abuse
Computer game's chips yes. AI chips no. After APEC meeting still the same.
Posted by IDQWE001 > 2023-11-17 11:40 | Report Abuse
Most Asian stocks fell on Friday, cooling after marking some strong gains earlier this week, while Chinese technology stocks clocked steep losses after Alibaba flagged the impact of recent U.S. chip export curbs.
Posted by foongsh > 2023-11-17 14:18 | Report Abuse
Can't use computer game chips ? Lol.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by IDQWE001 > 2023-11-17 10:10 | Report Abuse
Published Nov 16, 2023 01:11AM ET Updated Nov 16, 2023 07:04AM ET Investing.com -- Alibaba (NYSE:BABA) has decided not to go ahead with a full spin-off of its key cloud unit, citing the impact of enhanced U.S. controls on exports of advanced computing chips and semiconductor manufacturing equipment to China. “We believe that these new restrictions may materially and adversely affect Cloud Intelligence Group’s ability to offer products and services and to perform under existing contracts, thereby negatively affecting our results of operations and financial condition,” the Chinese e-commerce giant said in a statement. U.S.-listed shares in Alibaba tumbled in premarket trading.