2025/4/24
Unlike CPUs and GPUs, ASICs (Application-Specific Integrated Circuits) are pre-configured for specific applications before manufacturing. These chips are highly customized in both design and production, tailored for targeted use cases. ASICs have seen rapid growth in the AI and cloud computing markets. In the context of LLM (Large Language Model) applications, while Nvidia maintains a strong advantage in the training phase through its mature CUDA ecosystem, ASICs are expected to demonstrate significant potential in the inference phase due to their unique product attributes. Over time, a complementary ecosystem is likely to emerge, where ASICs fill specific roles alongside GPUs. This article offers a concise overview of ASIC characteristics, business models, industry landscape, and future outlook.
2025/4/21
Over the past two weeks, international oil prices have shown high volatility. The imposition of tariffs by the U.S., China, and Europe raised concerns about declining oil demand, pushing prices to recent lows. Subsequently, the U.S. announced a 90-day suspension of reciprocal tariffs for multiple countries, temporarily boosting market sentiment and prompting a sharp rebound in oil prices. Prices then rose further, supported by OPEC+’s announcement of compensatory production cuts, escalating U.S.-Iran tensions, and positive progress in U.S.-EU trade negotiations.
2025/4/17
Since his second inauguration, U.S. President Donald Trump has rolled out a series of tariff measures. As of April 16, 2025, his administration has announced a 90-day suspension of the reciprocal tariff policy unveiled last week. However, negotiations with China remain inconclusive, with effective tariffs on certain Chinese imports now totaling up to 245%. The article outlines a comprehensive timeline of Trump’s tariff actions since reentering office, as well as the current international structure of U.S. trade policy. Despite some reversals, Trump’s overall tariff strategy can be broadly categorized into three main segments: North American trade partners, China, and other countries.
2025/4/9
On April 2, President Donald Trump announced a sweeping new trade policy: starting April 5, the U.S. will impose a 10% baseline tariff on all trade partners. Countries deemed to have unfair trade practices will face reciprocal tariffs ranging from 10% to 50%, effective April 9. Taiwan's rate is set at 32%, while China faces a staggering total tariff burden of 104%, including previously implemented levies. This article breaks down the complete tariff schedule, including region-specific rates, product exemptions, and future planned tariffs on key sectors. It also analyzes the global market response, with U.S. stocks tumbling—particularly in the energy sector—and heightened volatility across oil, gold, and other commodities amid escalating trade war fears and rising risk-off sentiment.
2025/4/7
Over the past two weeks, international crude oil prices have fallen by approximately 8–9%. Although the U.S. intensified sanctions on Venezuela and Iran—temporarily increasing supply risks and pushing oil prices upward—these gains were quickly reversed as the U.S. announced substantial tariff hikes. This triggered retaliatory measures from major trading partners, dampening global economic sentiment and weakening oil demand expectations. Simultaneously, OPEC+ announced a significant and unexpected expansion of its production plan, further aggravating the supply-demand imbalance and accelerating the drop in oil prices.