Pushin News

US Pressure Forces Tight Semiconductor Regulations Malaysia is tightening regulations on semiconductor shipments as the United States intensifies pressure to monitor high-end Nvidia chips, amid growing fears that these advanced processors are being illegally rerouted to China, according to a Financial Times report. This move underscores Malaysia's pivotal role in the global semiconductor supply chain and its struggle to balance economic growth with international compliance. With over $25 billion in data center investments from tech giants like Nvidia, Microsoft, and ByteDance, Malaysia now faces a critical juncture, navigating US export controls, a massive fraud scandal, and the escalating US-China tech rivalry. US Demands Strict Oversight of Nvidia Chip Shipments The United States has imposed stringent export controls on artificial intelligence chips, citing national security concerns over their potential use in Chinese military advancements. Malaysian Trade Minister Tengku Z...

Existing US Investors Eye TikTok Acquisition Regulatory Moves Shape TikTok’s American Operations The White House is spearheading discussions about the future of TikTok in the United States, focusing on a potential acquisition of the Chinese video-sharing platform's American operations by existing US investors of its parent company, ByteDance. Reports from Reuters and the Financial Times indicate that this strategy involves spinning off TikTok’s US entity, allowing ByteDance’s current American stakeholders to increase their ownership while reducing Chinese-held shares to below the 20% threshold mandated by US law. This development comes amid ongoing national security concerns over TikTok’s data practices and its ties to China, a debate that has gripped lawmakers, regulators, and the public for years. White House TikTok Negotiations: Key Players and Plans Leading the charge in these White House TikTok negotiations are prominent ByteDance board members from Susquehanna Internatio...

Government Tightens Grip on AI Talent Mobility / Reuters DeepSeek Elevated as a Strategic National Asset Overseas media outlets including TechCrunch and The Information report that the Chinese government has enacted strict measures against DeepSeek, a leading generative artificial intelligence firm, by seizing employee passports to curb potential leaks of critical technological secrets. High-Flyer, the hedge fund parent company of DeepSeek, has enforced this policy primarily on research and development staff, prohibiting them from exiting China without explicit permission. This follows the company's global recognition after unveiling its cost-effective R1 inference model in January 2025, a milestone that spotlighted China's aspirations in the intensifying global artificial intelligence competition with the United States. The passport confiscation highlights Beijing's escalating efforts to protect sensitive AI innovations, reflecting fears of intellectual property loss at a...

New Milestone in ATTR-CM Therapy / Reuters The U.S. Food and Drug Administration has granted expanded approval for Alnylam Pharmaceuticals’ Amvuttra (vutrisiran), marking a significant advancement in the treatment of transthyretin amyloid cardiomyopathy (ATTR-CM), a rare and life-threatening heart condition. This approval positions Amvuttra as the first medication capable of addressing both the cardiac and neurological manifestations of ATTR amyloidosis, offering a groundbreaking option for patients battling this progressive disease. Previously approved in 2022 for treating nerve damage associated with hereditary ATTR amyloidosis, Amvuttra now enters the ATTR-CM treatment market, a space projected to exceed $11 billion in annual revenues by 2032 according to Global Market Insights. With this development, Alnylam aims to challenge the dominance of Pfizer’s Vyndaqel and compete with BridgeBio’s recently approved Attruby, introducing a novel therapeutic approach that could reshape the lan...

Speculation Drives Market Buzz Mitsubishi Motors Corporation (TYO:7211) experienced a notable stock surge following reports of a potential electric vehicle (EV) production partnership with Taiwan’s Hon Hai Precision Industry, widely known as Foxconn (TW:2317). According to Japanese news agency Kyodo, Mitsubishi Motors plans to outsource EV manufacturing to Foxconn, aiming to slash production costs and accelerate development timelines in the rapidly evolving electric vehicle market. This strategic move could position Mitsubishi Motors as a stronger contender in the global shift toward sustainable transportation, while Foxconn seeks to cement its role in the EV manufacturing landscape. The news triggered a 3.5% spike in Mitsubishi’s stock price, reaching $465.8, significantly outperforming the Nikkei 225 index’s modest 0.2% gain, though it later settled at $443.40 by day’s end. Meanwhile, Foxconn’s Taiwan shares dipped 0.3%, closing at $165.00, reflecting a cautious market response to th...

Strategic Move Enhances AI Infrastructure Investments / Reuters Japanese technology giant SoftBank Group has finalized a $6.5 billion all-cash acquisition of Ampere Computing, a U.S.based chipmaking startup, marking a pivotal step in its ambitious push into artificial intelligence infrastructure. This deal underscores SoftBank's commitment to securing a foothold in the highperformance computing and semiconductor industries, sectors increasingly vital for powering the next generation of AI technologies. Founded in 2018 by Renee James, a former Intel president with decades of industry experience, Ampere Computing specializes in designing data center CPU chips built on the Arm architecture, a technology closely tied to SoftBank through its majority ownership of Arm Holdings. This acquisition not only strengthens SoftBank's portfolio but also positions it to compete with industry leaders like Intel and AMD in the rapidly growing AI and cloud computing markets. Ampere Computing'...

Supply Chain Woes and Tough Retail Market Hit Profits Hard Myer Holdings Ltd (ASX:MYR) shares recently tumbled to a 10-month low of $0.68, marking a sharp 10.5% decline, as the Australian department store chain grappled with disappointing half-year earnings. Investors reacted swiftly to the news of a profit drop, driven by persistent supply chain disruptions and a challenging retail environment that overshadowed modest gains in online and comparable sales. The company reported a net profit after tax of $42.4 million for the 26 weeks ending January 25, 2025, a significant decrease from the $52.0 million recorded a year earlier, highlighting the mounting pressures on one of Australia’s iconic retail brands. The financial strain largely stemmed from operational inefficiencies at Myer’s National Distribution Centre, which management estimated cost the company $12 million in earnings before interest and taxes. These disruptions led to stock shortages and elevated fulfillment expenses, direc...