wavenovel Chapter 1358 [I was about to overturn the table, and you came to toast? ]
Chapter 1358 [I was about to overturn the table, and you came to toast? ]
Chapter 1358 [I was about to overturn the table, and you came to toast? ]
After a sharp drop, a number of technology stocks in the Northern Magnesium stock market rebounded in the last hour of trading. Microsoft also rebounded from a drop of more than 15 percentage points to a drop of 9 percentage points, and its market value returned to above the 7000 billion US dollar mark. Other technology stocks also rebounded to varying degrees.
On the next day, these technology stocks once again rebounded strongly collectively.
It turned out that several Western technology giants, including Apple, announced stock repurchase plans, which drove the continued rebound in stock prices.
In fact, the US will not allow these stocks to plummet too badly. The reason is very simple. The three major bubbles in the world are the bond market of Europe and Japan, the real estate market of the Eastern superpower, and the stock market of America.
No one dares to burst these bubbles now. The stock market of Lao Magnesium is just like the current real estate market in the Eastern superpower. It cannot be allowed to collapse.
As long as Lao Mei has some spare strength, he will prop up the stock market no matter what. If Lao Mei's stock market collapses, then Lao Mei will really have to collapse along with the stock market.
Therefore, on the one hand, Lao Mei is trying to stabilize the stock market bubble, and at the same time, it is desperately looking for wealth to harvest all over the world in order to fill the bubble blown up by the North Mei stock market, so that Lao Mei can land safely and get back on solid ground.
Originally, the best target for harvesting is the Eastern world, which is large enough for Lao Mei to drool over.
But after so many years of efforts, the harvest has failed.
Lao Mei became anxious and in a rage he used all sorts of tactics, but it was still useless.
So on the one hand, while continuing to think of a solution, he also turned the sickle towards his own younger brothers, including those traitors who had escaped and the big germs, who would be the targets of Lao Mei's harvest in the future, especially in the middle and late stages, in order to prolong his life, he would not let go of even the smallest bit of meat.
On Thursday, July 7, the plummeting technology stocks in the northern magnesium stock market rebounded further. If the Shanghai and Shenzhen stock markets next to the A-share market wanted to rise but could not, then the situation in the A-magnesium market was completely the opposite at this moment. It wanted to fall but did not dare to fall.
Fang Hong has also been paying attention to the trend of the magnesium stock market in the past two days. He is happy to see it, as he can make a fortune if the stock price goes up. Moreover, there is a price to pay for the forced support of old magnesium. For Fang Hong and even for the great Eastern country, this is like killing with a blunt knife, slowly bleeding old magnesium.
Although everyone has some problems of their own, old magnesium is obviously worse, so let's make it a little worse.
If it is slowly bled, it will have to suck blood from everywhere to fill the holes, but it cannot suck any blood from the Eastern world, which is the biggest blood bag in its eyes. So it can only stick the tubes into its younger brothers and suck harder and harder. The younger brothers feel that their bodies are being hollowed out.
Over time, the result will be that Lao Mei will eventually become the opposite of all mankind.
By then, when the time comes to deal with it, not only will it have a legitimate reason to do so, but no one will help it. If the power to control its subordinates declines or even loses control, every one of them will become a traitor who actively defects.
……
Meditation in the villa.
"The latest news came from overseas. A series of important global chip manufacturers, semiconductor equipment providers and lithography machine manufacturers, including Intel, Qualcomm, Nvidia, and ASML, more than 30 chip industry giants jointly issued a statement a few days ago. They strongly support the star-level enterprises and domestic semiconductors, and emphasize cooperation and mutual benefit and win-win results."
At this moment, Tian Jiayi was reporting the news to Fang Hong.
The news that the entire domestic semiconductor industry chain has achieved a technological breakthrough has only been out for a short time, but the test results are basically out, confirming that it is a real breakthrough. Not only has it caught up with the world's most advanced level, it has even taken the lead in production capacity, and the products have already been launched and sold.
The fact is that Xingyu Technology's STAR5 mobile phone has been sold out at the moment. Although there was no press conference, domestic consumers still snapped up this product in large quantities due to their trust in the brand and its excellent reputation in the past.
The major chip manufacturers in the West are now eager to stand up and support, using this method to confront the North American government.
Their collective voice and their position emphasize that cooperation with the Eastern power in the semiconductor field is mutually beneficial and win-win. This is not only to safeguard their own commercial interests, but also to call on the North Korean government not to introduce various factors into the commercial field, indicating that the Eastern power is a major buyer of chips and North Korea should not sanction or suppress it.
These foreign chip giants said that although the global semiconductor market is increasingly competitive, it is also a mutually beneficial and win-win market. The chip giants firmly believe that excluding companies in the Greater China market from the global semiconductor industry chain is not only unrealistic, but will also damage the stability and development of the global semiconductor market. All parties should strengthen cooperation and jointly promote the opening and development of the global semiconductor market.
Fang Hong said with a smile: "We were just about to overturn the table, but at this moment they came running over to toast us."
This statement is down-to-earth and vividly explains the actions of Western chip manufacturers at this moment.
According to data from the North American Semiconductor Association (SIA), since the country stopped supplying chips to Star Technology in 2014, a series of technology wars have caused the country's semiconductor industry to lose more than $ trillion.
Although the statements of these international manufacturers sounded sanctimonious, they were truly panicking, especially after they saw the announcement of the establishment of the Domestic Semiconductor Industry Alliance in the Greater China market. They directly launched a big move to reduce the price of commercial chips by more than 10 times. Once this happened, those overseas chip giants were not just panicking, but were extremely anxious.
The price of commercial chips has dropped by more than ten times. How does this work?
Although we can prevent these cheap and high-quality chips from being sold to the European and American markets through anti-dumping and other means, don't forget where the world's largest chip market is? It is in the Greater China market, which directly accounts for two-thirds of the global market share and production capacity consumption.
In the next few years, there is no need to consider overseas markets at all. First, we need to take up the market share in Greater China, complete the domestic substitution strategy plan, and squeeze out overseas and Western chip giants, which is equivalent to taking up more than two-thirds of the global chip market share.
You can't use anti-dumping and other measures to defeat the East. After a few years of completing the domestic substitution strategy, the Western chip giants will basically be dead or disabled, and will be unable to develop new generations of products. The chip companies in the Eastern powers will certainly not stand still in the next few years.
The result is obvious. The gap between the two sides will become wider and wider. At that time, the most advanced chips will come from the Eastern superpower, and Europe and Magnesium will have to beg to buy them.
Dumping strategy on the Western market? Dumping, what? Fang Hongke had never thought of it that way.
His strategy is to destroy the Western semiconductor industry chain, and then use their own tactics to retaliate against them by setting a high price and then selling it to them.
Faced with the strategy of reducing the price of commercial chips by 10 times, Western chip manufacturers really have no idea what to do and can't even follow.
The domestic semiconductor industry alliance has lowered the price to such a low level, and still has a 3% profit. But if Western chip manufacturers follow suit, they will lose money on every chip sold, or even two chips, and will be bled to death within a year or two.
In the past, some domestic chip manufacturers were unable to get off the ground, and most of them were killed in this way. You finally developed a generation of products and narrowed the gap, but the Western chip manufacturers immediately slashed the prices of their products to match your generation. Moreover, they were so rich that they didn’t even need to make any profit from this. But you invested so much money, manpower and material resources, but ended up not being able to sell them and leaving them all in your hands. You couldn’t even recover your R&D expenses, and had no choice but to go bankrupt.
It is precisely because Western chip manufacturers have done this before, they know too well what is going on and what the consequences will be, so they are extremely anxious at the moment, and this is not an exaggeration.
……
(End of this chapter)