Nvidia's record third-quarter earnings provided rare relief for markets facing rising geopolitical risks. Jensen Huang remained characteristically optimistic, once again rejecting claims that artificial intelligence (AI) is drifting toward a bubble. He highlighted the overwhelming demand for Blackwell chips and cloud GPUs, which continue to sell out across major customers, as evidence of lasting momentum.
China's latest IC design forecast projects Shenzhen's chip design revenue will reach CNY204.23 billion (approx. US$28.7 billion) in 2025, keeping it firmly in second place behind Shanghai. Its growth has outstripped other major tech centres in recent years, positioning the city as one of the fastest-rising semiconductor design hubs in the country.
Hygon Information Technology delivered another solid revenue quarter but noted that profit growth slowed due to higher R&D spending and increased material costs. At the November 17 earnings call, GM and director Sha Chaoqun said order momentum remains strong and that recent memory-price increases mainly reflect an "explosive" rise in AI-server demand rather than structural supply shortages.
