Warren Buffett's New Favorite Google Reports Good News? AI Cloud Revenue Soars 82%, But Cash Flow Turns Negative! Is This Good for Taiwan?

Warren Buffett's new favorite Google reports good news? AI cloud business surges 82%, but cash inflow turns negative! Is this good for Taiwan?

Warren Buffett, who has appeared less frequently in recent years, made a rare television appearance to discuss his new stock pick: Google. He stated clearly that Google possesses a crucial moat in the AI era. Indeed, after market close on Wednesday, Google reported financial results showing an 82% year-over-year increase in AI cloud revenue. However, massive spending on AI infrastructure has caused cash inflow to turn negative. U.S. investors clearly expressed unease over these infrastructure expenditures, and the stock declined after hours.

Will these hardware expenditures flow to Taiwan? Is this good news for Taiwan? Read the full article…

Click here to access exclusive VVIP content

How a Chinese company became the biggest disruptor in the global memory chip market?

(Source: AP)

After more than a decade of struggle, China appears to have secured a foothold in memory chips. Chinese company ChangXin Memory Technologies (CXMT) has become the world's fourth-largest DRAM manufacturer, capturing 8% market share, trailing only the 'Big Three'—Micron Technology, SK Hynix, and Samsung Electronics.

ChangXin is actively preparing for an IPO, setting its sights on the stronghold of the top three. Why does the WSJ call ChangXin a market disruptor? Read the full article… Click here to access exclusive VVIP content

Terafab, the giant chip factory, becomes a drag? Tesla's vehicle sales grow 23%, but profits decline 5% in Q2

(Source: Wall Street Journal)

Tesla reported its Q2 earnings on the 22nd, with revenue of $28.24 billion, up 26% year-over-year, exceeding the market estimate of $25.71 billion. However, adjusted earnings per share (EPS) were only $0.33, below the expected $0.51. Net profit was $1..1 billion, down 5% year-over-year.

Automotive business revenue was $20.52 billion, up 23% year-over-year. Revenue from autonomous driving FSD services surged 50%. The biggest drag was the Terafab giant chip factory project… Click here to access exclusive VVIP content

China's central bank bottoms out in gold, buying $5.7 billion in the first half of the year! Analysts: Gold price rebound is brewing…

(Source: AP)

Since hitting a record high on January 28, gold prices have fallen by a quarter. However, China purchased $5.7 billion worth of gold in the first half of 2024, with most of the buying concentrated in Q2!

Michael Schaus, an analyst at U.S. boutique research firm Zweig-DiMenna, pointed out that the PBOC resuming gold purchases is an extremely positive signal, potentially stabilizing gold prices. But how high could prices rebound? Read the full article… Click here to access exclusive VVIP content

'Cotton' becomes the new front in arms race; China with 30% market share is key!

(Source: Wall Street Journal)

Modern warfare requires vast resources. Drones and computing power are now standard, but an overlooked old material—'cotton'—has recently become a NATO concern.

While explosive power is generally attributed to gunpowder, nitrocellulose from cotton, also known as 'guncotton', plays a critical role. Reports suggest NATO nations are now facing shortages of guncotton, and China's share of nitrocellulose production is rising… Click here to access exclusive VVIP content