Any stocks related to chips plummeted, and the US chip sector experienced a total collapse!!

On April 17, Asman's financial report fell short of expectations, dropping by 7% on the same day, dragging down the entire chip stock sector. On April 19, the US chip sector continued to plummet, with ARM's decline being the heaviest at 16.9%. Following that was NVIDIA, which fell by 10%, estimated to be NVIDIA's largest single-day decline since the 2020 crash. Micron Technology, AMD, TSMC, Western Digital, Broadcom, Qualcomm, and Intel all saw declines. On this day, any stocks related to chips plummeted, and the US chip sector experienced a total collapse, with chip giants also fleeing the scene in advance. What exactly happened for Black Friday to recur?
Yes, the recurrence of "Black Friday" not only prompts us to reflect on the challenges and failures of the United States in the chip field but also triggers contemplation on the global political and economic landscape. These issues not only concern competition and cooperation between countries but also touch upon the future direction of global economic and technological development. When facing challenges, we need to think deeply and explore solutions together.
Is this true? Dear viewers! Welcome back to our channel! I am delighted to share and discuss today's topics with the audience: 1. What changes are the global supply chains in the chip industry facing? Does the Black Friday event imply a restructuring of the global chip industry? 2. Does the United States need to re-examine and adjust its foreign policy? How to balance national interests and international cooperation in the context of globalization and technological innovation? 3. Is there a shift in dominance in the international trade landscape? Will China's technological breakthroughs redefine the global technological competition landscape?
After the US stock market crashed in 2020, Apple and several other large tech stocks supported the market. By 2023, chip stocks had become the mainstay of the market. However, Apple has performed poorly in recent years, with technological stagnation and unsuccessful ventures into car manufacturing and artificial intelligence projects. Investors question whether its technological development may have peaked, and the future of CEO Cook is uncertain. Meanwhile, NVIDIA is under White House control and is used as a policy tool and the basis for financial requests. However, the US can no longer use chips as a bargaining chip because China has achieved chip self-sufficiency. Although China's chips may not be as advanced, they are sufficient for use and will continue to be optimized to catch up. Wall Street investors, recognizing the changing situation, although patriotic, prioritize money under capitalism and may shift investment directions accordingly.

[@ponsyu1951]

The sanction imposed by the envious and shortsighted US military govt on banning export of semiconductor chips to China has backfired so badly and has affected the chips value to plummete .

[@MASMIWA]

While your comments are promoting an idealized situation and outcome, the reality is far from that. The US thought it had the strength to take a 'winner take all' confrontation with China in technology in general and semiconductors more specifically. It had done so with Japan and won so why not China? Turns out China is more resilient that Japan and had the confidence to fight fire with fire and internally funded and created a team effort to resist US efforts to destroy its semiconductor sector. At the beginning with Trump, China tried appeasement and tried to create a bilateral winner environment, but that failed and China realized that to defend its own technology growth it needed strong self-sufficiency. The US got the consent of Japan, South Korea, the Netherlands, and most of the EU to support the US in attempting to collapse China's rise in semiconductors with sanctions and restrictions not only from the US, but those who thought they could benefit from a defeated China. The analog is the sanctions and restrictions applied to Russia because of the Ukraine conflict. And----like Ukraine, the US and its team mates are failing to stall China's rise as they failed to stall Russia's rise.
The not so secret reason for China's strength in repelling the US attacks is its knowledge workers that had prepared for one generation to create China's rise from a cheap labor manufacturing environment to one of knowledge workers. Huawei is the tip of China's technology spear and it has led the innovations that are leading China's rise in technology. It seems not a day goes by where Huawei announces a new innovation, invention, or discovery propelling Huawei even further, surprising Biden and Raimondo about how resilient and quickly China has confronted and surpassed US sanctions and restrictions, all to the detriment of US semiconductor companies. The US is trying the same with NEV, and again it will fail. The US is too far behind to create any sense of competition, the same as with solar panels and wind power.
There is an tantalizing fact emerging from China's export data. While exports to the US are in decline, the exports to the rest of the world continues to rise. In the first quarter of 2024 alone, China's exports rose 7%. China's inflation is near zero and its forecasted GDP for 2024 is expected to be in the 5% range. US exports have been declining over the last 3 years , its inflation hovers around 3 to 4%, and its GDP is forecasted in the neighborhood of 2%. The rise in GDP is mainly from government spending fueled by debt.

[@rosalynnchow5057]

Chinese are resilient versatile and adaptable. It's in our DNA.

[@liaojohnweechun7454]

SUPER INFORMATIVE VIDEO 👌 💚

[@user-qd8yg1fp7i]

Bifurcate. And surpass.