News

Jinse Finance reported that the US Federal Trade Commission (FTC) has approved Nvidia's investment in Intel, but the specific details of the transaction have not been disclosed. In September this year, Nvidia announced it would invest $5 billion in the struggling Intel, a move seen as significant support for the domestic semiconductor industry. However, the deal has also raised concerns in the market about changes in the competitive landscape, particularly the potential risks it may pose to major competitors TSMC and AMD.

Jinse Finance reported that the Goldman Sachs trading desk team stated in a report to clients, "We are now entering a seasonally bullish period, with a healthier positioning structure. As long as there is no major shock, the market trend will not be easily reversed. Although we do not necessarily expect a sharp rebound, there is still further upside potential before the end of the year."

Jinse Finance reported that Hassett, Director of the U.S. White House National Economic Council, stated: Inflation data is expected to remain at current levels. Ultimately, the Federal Reserve's decisions must be data-driven.