To The Moon

The Trump administration demonstrated that it wants tougher limits on China's access to American technology than those introduced by the Biden administration, targeting Chinese companies including a server maker that buys Nvidia chips.The U.S. on Tuesday added dozens of Chinese companies to a trade blacklist over national security concerns. American businesses seeking to sell technology to these companies will need approval from the government.Among those added were subsidiaries of Inspur Group, China's largest server maker and a major customer for U.S. chip makers such as Nvidia, Intel and Advanced Micro Devices. Companies linked to China's largest supercomputer maker, Sugon, were also added.The Wall Street Journal reported two years ago that a subsidiary of Inspur Group called Inspur Electronic Information Industry could still buy American technology even though the parent was on the entity list.According to business-intelligence firm WireScreen, U.S. server maker Aivres Systems is w

The 10-for-one stock split is expected to make ownership of Broadcom stock more affordable to investors.Broadcom will not issue any fractional shares of Broadcom common stock in connection with the stock split. Broadcom’s stock price is likely to fall significantly when the US stock market opens on Monday!