Rickawsb

The upward movement of long-term Japanese government bond yields means there's basically no need to worry about carry trades or similar strategies, as the market has already become desensitized through repeated friction.
What’s more important here is the AI-driven industry restructuring, which is systematically increasing the long-term capital demand and the median of risk-free interest rates in the US and allied countries. Japan is just one of the earliest economies to face this.
The US will inevitably face it sooner or later.
But this is not a problem; it’s just the growing pains of the earl

Today there is news that Meta might not buy Google's TPU and instead choose AMD's GPU.
The reason behind this is firstly that Meta pursues control and does not want to be overly influenced or controlled by Google.
Another point is that Meta has not given up its ambition in the large model arms race.
Therefore, a more powerful TPU for inference is obviously not the optimal choice.

A little tip for trading US stocks by sector: buy the sectors with fewer Chinese competitors directly.
I call these sectors "Low Competition Rate" sectors.
Advanced semiconductor processes, AIDC, space, precision manufacturing, military industry, energy, electricity, infrastructure, etc., all belong to these sectors.

US stock discussion group, limited time deletion

Investing in US stocks is actually very simple: buy high-growth or undervalued stocks; ideally, both.
But this simple thing is not easy.
Behind it are countless sweat and tokens.

I took a quick look
Trump didn't bottom out in April, those who doubted the AI first wave and didn't get in, and still believe that AI deployment in 2026 carries significant risks
are basically the same group of people
Pink, leftists
Is it really ideology that determines IQ, and IQ that determines returns?
Or am I trapped in an information cocoon?

Under the trend of AI-driven software, the 5 hard standards for the next generation of high-value software
--- Understanding these standards is essential to anticipate the form of next-generation applications and the future of Web3 applications
1️⃣ AI is the “Execution主体,” not just an “辅助工具”
Old software:
User clicks → System computes → User confirms
New software:
AI makes decisions → AI executes → Human audits
AI is not just helping you write copy, but:
Automatically running processes
Automatically calling resources
Automatically handling exceptions
2️⃣ Software directly binds to “results,” n

AI is becoming a commodity (LLMs are a commodity). I believe this is the dumbest view in the capital markets of 2025 (possibly the dumbest of all):
Because
Intelligence can never be commodified.
Can Einstein's brain be commodified?
The ability to accelerate aging research, develop room-temperature superconductors, and advance nuclear fusion—can these be commodified?
Only a brain that is commodified would think AI will be commodified.

TSMC's 3nm price increase of 3-10%, but customers are unaffected (not even a blink)
AMD and NVIDIA's GPUs are also increasing in price
This... is there still a way for downstream to get through the New Year🤣

Vietnam's total import and export value for the year 2025 is estimated to reach approximately $920 billion, a 16.9% increase compared to 2024.
Structurally, electronic products, electromechanical equipment, and their components continue to account for an increasing proportion of Vietnam's exports.
In the first 11 months of 2025, China's total trade in goods imports and exports was approximately $5.75 trillion, a year-on-year increase of about 3.6%.

"Japan's rubber, China's soil, reverse engineering of EUV"
In recent days, there has been considerable discussion about China's Manhattan Project — the reverse engineering of ASML's lithography machines. Everyone is quite excited, as it is a significant breakthrough.
But if we look at it from an engineering and technical perspective, setting aside ideology and examining it closely, we will find that there is a gap between reality and ideals, and it's not small.
Because if we break the problem down to the engineering level, we will find that what determines whether a technic