The Latest Breaking News from China

Artificial intelligence chip companies including Nvidia Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), Marvell Technology Inc (NASDAQ:MRVL), Advanced Micro Devices Inc (NASDAQ:AMD), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Micron Technology Inc (NASDAQ:MU), Arm Holdings plc (NASDAQ:ARM), Intel Corp (NASDAQ:INTC) were under pressure on Tuesday.

The Chinese government defended its ties with Venezuela, saying it "constitutes normal cooperation between sovereign states" and rejected "the use of threat of force in international relations" as the Trump administration escalates pressure against the South American regime.

An Australian spy chief has accused Chinese security services of widespread intellectual property theft and political meddling

Australia supplies 74% of the world's zirconium reserves, critical for nuclear fuel rods and hypersonic missiles. Chinese firms now control major Australian mines despite AUKUS security partnership. Investigation reveals 300% increase in China's zirconium exports to Russia since Ukraine war began.

December S&P 500 E-Mini futures (ESZ25) are down -1.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -1.31% this morning as quarterly results from AI bellwether Palantir failed to impress investors and Wall Street executives cautioned about a potential correction due to sky-high valuations.

Will Demon Slayer dethrone Minecraft?

China's Commerce Ministry has blamed the Netherlands for what it called “chaos” in the semiconductor supply chain

US president claims China, Russia, Pakistan and North Korea are all testing nuclear weapons

China has boosted subsidies for major data centers, slashing their energy bills by up to 50% to support domestic chipmakers and strengthen global competitiveness, according to a report.