Tobias
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TSMC CEO C.C. Wei: Tariffs Won’t Dampen AI Chip Demand. Future Outlook: Three Words.
TSMC CEO C.C. Wei, addressing a shareholder meeting, acknowledged the indirect impact of US tariffs. While recognizing potential price and demand fluctuations, Wei remained optimistic about the semiconductor industry, particularly AI chips. He highlighted strong, consistently unmet demand for AI processors and confidently forecast a “very good” outlook for TSMC over the next decade.
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Rider Collapses, Former Employer Offers Support: Ex-Meituan Employee Receives ¥100,000 After Sudden Cardiac Arrest Following Move to JD.
A former delivery rider in Shandong province suffered a medical emergency and is in a coma, facing significant medical bills. Despite having moved to a competitor, his previous employer provided financial aid, including an initial 50,000 yuan and an additional 50,000 yuan in assistance, from its Rider Care Program. This program, which has aided thousands and distributed millions in aid, has recently expanded to cover children of riders and a wider range of illnesses.
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Woman, 29, Damages Multiple Vehicles in Public, Authorities Report Mental Health Episode
A woman in Yichuan County, Henan Province, damaged multiple vehicles at an intersection. Videos show her attacking cars, including an EV and an Audi. Local authorities identified the suspect as Ms. Wei, 29. Investigations revealed she was experiencing a mental health episode and has been admitted to a mental health facility, with her family taking responsibility for compensation.
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Xiaomi Transfers Multiple “Kimi” Trademarks to Moonshot AI: Initial Application Filed in 2013
Moonshot AI acquired multiple “Kimi” trademarks from Xiaomi, enhancing its brand strategy. The trademarks, covering communication and advertising services, were registered as early as 2013. This move supports Moonshot AI’s development of its AI assistant, “Kimi,” which is tailored for technical applications. The acquisition signifies a proactive approach to intellectual property, solidifying the company’s position in the AI sector.
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Xiaomi Investor Conference Leaks: Hardware Net Profit Margin at 5% Target, YU7 at ¥235,900 Unlikely, Automotive Chip Details Disclosed
Xiaomi’s founder, Lei Jun, revealed strategic updates, hinting at a transformed approach to the EV market. The YU7 model’s pricing deviates from initial speculations. Xiaomi aims for automotive division profitability as early as Q3/Q4, driven by technological innovation. The company invests heavily in AD and chip design to boost competitiveness. Robotics are also making progress, while Xiaomi maintains a 5% profit margin on hardware, signaling disruption in the competitive landscape.
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Balenciaga Skirt Criticized as Men’s Underwear, Sells Out Despite $650 Price Tag
Balenciaga has released a $4,500 women’s skirt resembling men’s boxer briefs, sparking online debate. The stretch knit mini-skirt, part of the 2025 Fall collection, features a low-rise design and the Balenciaga logo. Despite criticism, the skirt is reportedly sold out, mirroring a trend seen with the brand’s controversial $2,700 stainless steel hair clips, which were criticized for their high price compared to similar items elsewhere.
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Porsche’s Top Female Salesperson in China Sells Over 80 Cars in 5 Months: Already Reaches Half of This Year’s Target
Molly, the top Porsche salesperson at Qingdao Porsche Center, continues her impressive sales streak. Aiming for a third consecutive year of selling 170 cars, she’s already closed a significant number of orders and anticipates maintaining her pace despite production challenges. Molly attributes her success to building strong client relationships and acting as a trusted advisor, fostering loyalty and repeat business.
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Nvidia: US Sanctions Drive Talent Exodus, with Many Joining Huawei
Nvidia’s Chief Scientist Bill Dally suggests U.S. export restrictions on China’s AI sector may have unintentionally boosted China’s capabilities. He notes skilled Chinese researchers are now working for Huawei, fostering indigenous AI solutions. Restrictions have created a localized ecosystem, increasing China’s share of high-end AI researchers. Though China may lag in hardware, it possesses significant intellectual capital. The policy has propelled Huawei’s growth, eliminating key rivals and fostering competitive software solutions.
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Ayumi Hamasaki Denies Elon Musk Baby Rumors: “It’s Not True”
Rumors surrounding Elon Musk having a child with a Japanese pop star, potentially Ayumi Hamasaki, have surfaced online, fueled by speculation and hints from his ex-girlfriend. Hamasaki has denied the claims. This speculation comes amidst reports suggesting Musk has many children, further stirred by a journalist’s claim that the number is far beyond the known figure.
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Jia Yueting Chokes Up Discussing Retail Investors: “You Saved Us”
At FF’s shareholder day, founder Jia Yueting expressed deep gratitude for retail investors’ support, crediting them with saving the company. He vowed to offer significant returns to compensate for past setbacks, driven by recent operational and financial improvements. FF also announced B2B sales breakthroughs, securing orders, and progressing towards the year-end launch of its first vehicle, the FX Super One, with subsequent models on schedule.