Cambricon
688256978.880.60% ( +5.88 )
Delay Closed: Nov 13, 15:00:00News
A-Share Three Major Indices Open 2.1% to Nearly 5% Lower; Chip Stocks Slump, ZHONGJI INNOLIGHT Plunges 12%
AASTOCKS News·- China's three major A-share indices opened 2.1% to nearly 5% lower following a sharp overnight slump in US stocks driven by weaker-than-expected tech capital expenditure and data center construction headwinds. - Chip stocks and optical module giants experienced severe declines at the opening, with ZHONGJI INNOLIGHT plunging 12.1% and multiple related component suppliers dropping over 10%. - Meanwhile, major mainland Chinese banking stocks showed resilience against the broader market trend, with institutions like Agricultural Bank and CMB opening higher.Why AMD Stock Weakness Puts AI Semiconductor Leaders Back On Watch
Simplywall·- Advanced Micro Devices reported a Q3 revenue increase of 45% to US $13.38b alongside a 74% jump in adjusted EPS, yet its stock dropped about 14%. - This market reaction highlights key AI semiconductor players, including Hygon Information Technology, Cambricon Technologies, and Alchip Technologies. - Investors are monitoring these firms while weighing funding risks, high valuations, and capacity constraints against long-term AI hardware demand.