NVIDIA has long grappled with the constraints imposed by US export regulations, encountering significant hurdles in the Chinese market. The frequent revisions to these regulations by the US government have progressively complicated NVIDIA's position in China. A particularly devastating blow came from the Trump administration, which banned the export of the H20 AI accelerator to China. The H20 was a highly tailored and top-selling product specifically designed for the Chinese market.

On May 2, the triple-leveraged FXI ETF experienced a remarkable surge of nearly 10% at the market open, while the Nasdaq Golden Dragon China Index climbed 2.7%. Popular Chinese stocks listed in the US, including Alibaba, JD.com, Xpeng Motors, and Kingsoft Cloud, all registered gains. Notably, Xpeng Motors and Kingsoft Cloud soared by more than 6%.

U.S. stocks collectively opened higher, as the Dow Jones, Nasdaq, and S&P 500 indices surged 1.03%, 0.87%, and 0.98%, respectively. This positive start was fueled by the April nonfarm payrolls data, which exceeded analysts' expectations. In the technology sector, NVIDIA has resumed its customized chip research and development efforts. Meanwhile, Apple may encounter higher costs due to tariff-related issues. Amazon, on the other hand, reported first-quarter revenue and profits that surpassed market forecasts, with net sales increasing by 9% year-on-year and net profit jumping by 64% year-on-year.

Nvidia's pre-market trading gains have surged to 2.5%, likely fueled by the market's positive outlook for the company's performance.

RF IC vendor Richwave announced NT$849 million in revenue for the first quarter, marking a 5% decrease quarter-over-quarter and a 1% decline year-over-year. Notably, Wi-Fi FEM accounted for a substantial 56% of total revenue, and the company anticipates this proportion to surge to 70%-80% in the second half of the year. Richwave forecasts a stable or modest revenue growth for the second quarter and aims to achieve double-digit growth for the entire year. Amidst evolving US-China trade dynamics, Richwave has implemented a dual supply chain strategy encompassing Taiwan and China, paving the way for new market opportunities, notably a significant breakthrough in Broadcom platform certification.

LG Display has triumphantly announced the successful validation of the commercial viability of blue phosphorescent OLED panels on mass production lines, setting a global precedent as the first company to achieve this significant milestone. This accomplishment follows an eight-month collaborative effort with UDC, marking a pivotal advance towards the realization of the "dream OLED" display. Through the adoption of a hybrid tandem OLED structure, LG Display has ingeniously addressed the challenges posed by the short wavelength and high energy requirements of blue light, resulting in a remarkable reduction of approximately 15% in power consumption while ensuring panel stability.

Apple CEO Tim Cook virtually attended a meeting of prominent business leaders convened by President Trump, vowing to collaborate with the government. Prior to this event, Cook had engaged in discussions and meetings with Trump. Although some reports initially suggested that Trump had granted tariff exemptions to companies like Apple, he subsequently refuted this claim. Nonetheless, the exchanges between the two figures have garnered significant attention from both the technology and political landscapes.

On May 2, 2025, the Irish Data Protection Commission (DPC) imposed a fine of €530 million (approximately RMB 4.366 billion) on TikTok for failing to guarantee that user data transmitted to China was adequately safeguarded against potential government surveillance. The DPC highlighted that TikTok could not provide evidence of a robust level of protection for the data of its European Union users, with concerns raised over the remote access granted to Chinese employees. TikTok has challenged the decision, indicating plans to appeal and emphasizing that it has implemented measures to ensure data security. This fine represents a significant setback for TikTok's attempts to establish a reputation for security in Western markets.

For the first time in a decade, NVIDIA CEO Jen-Hsun Huang's compensation has been adjusted, with his annual salary set to soar to $49.9 million in 2025. This strategic move is aimed at ensuring internal pay equity within the company. As reported by FinanceView, the ever-expanding AI chip market is expected to propel the salaries of tech company CEOs even higher, reflecting the significant market value growth they contribute. Research indicates that for three consecutive years, CEO compensation in the tech industry has outpaced that of other sectors, with leading AI and high-performance computing companies demonstrating particularly impressive performance.

Wuhan has recently unveiled the "Several Measures to Further Promote the High-Quality Development of the Private Economy," commonly referred to as the "20 Private Economy Policies." These measures are aimed at addressing the multifaceted challenges faced by private enterprises, including innovation, financing, talent acquisition, and market access. Among the initiatives, Wuhan's strategy to cultivate patient capital stands out prominently. Over the next five years, the city plans to facilitate the establishment of the Jiangcheng Fund and the Wuhan Fund, partnering with social capital to forge a 300 billion yuan mother-sub fund cluster. This ambitious cluster will catalyze the transformation of scientific and technological achievements, as well as drive industrial innovation and development. Concurrently, the proportion of government investment funds allocated to seed and angel funds will be flexibly increased to a maximum of 50%. Furthermore, direct investments in individual seed-stage and angel-stage projects will be permitted to tolerate a maximum loss of 100%, without assessing the profitability or loss of individual funds or projects. Instead, the overall effectiveness of the guiding fund will be evaluated comprehensively.

On May 8, the Ukrainian Parliament will convene a special session to deliberate and vote on the Ukraine-US Mineral Agreement, which was signed on April 30. The primary objective of this agreement is to establish a US-Ukraine Reconstruction Investment Fund, fostering the reconstruction and growth of Ukraine.

During a speech delivered at the University of Alabama's graduation ceremony on May 1, US President Trump unexpectedly poked fun at Elon Musk. Prior to this, US media outlets had reported that Musk had ceased his physical presence at the White House and was preparing to step down from his official role within the "Government Efficiency Office" of the United States. It's worth noting that this office is not a federally recognized government department formally approved by Congress; rather, it is a "committee" within which Musk served as a senior advisor.

Ryan Kramer, a 25-year-old Californian man operating under the pseudonym 'NullBulge' and a member of the hacker group by the same name, has admitted to illegally accessing Disney's internal Slack channels and stealing over 1.1 terabytes of company data. According to the United States Department of Justice, in early 2024, Kramer developed a malicious program and marketed it as an AI image generation tool on platforms such as GitHub, using this guise to conceal his hacking activities. Prior to this confession, the NullBulge group had boasted on dark web forums about breaching Disney's systems and leaking related data. However, Disney officials have yet to officially confirm the validity of this hack, merely stating that an investigation is ongoing. This incident has once again sparked widespread concerns regarding corporate data security.

According to The Wall Street Journal, at a recent electronics exhibition held in Shanghai, semiconductor firms proudly proclaimed slogans like "Delivering Comprehensive Domestic Solutions" and "Opt for Chinese Chips, Trust in Chinese Chips." Nonetheless, the ground truth is that China still significantly relies on U.S. chips, particularly in sectors like automobiles and other industrial applications. This undeniable reality transcends industry sentiment.

In the early hours of May 2nd, Apple unveiled its financial report for the first quarter of 2025. During the subsequent financial report meeting, CEO Tim Cook announced that the company intends to invest an impressive $500 billion in the United States over the next four years. Cook anticipates that by 2025, Apple will source over 19 billion chips from various states across the nation and procure the glass required for iPhones from a domestic supplier. Additionally, the topic of tariffs emerged as a significant point of discussion during this financial report meeting.

On the eve of the May Day holiday, Jiangsu Suqian Canal Port Power Distribution and Sales Co., Ltd.'s intelligent energy service center officially commissioned Jiangsu's inaugural incremental distribution network virtual power plant. The center's large screen showcases real-time load curves, providing a dynamic view of the system's operations. Since its inception in June 2023, the center has integrated 26 MW of distributed photovoltaic power, 105 kW/210 kWh of energy storage capacity, and 145 MW of adjustable load, collectively forming a comprehensive virtual power plant platform.

According to an institutional survey, Nexchip has disclosed that the surge in revenue share for 55nm technology is attributed to the heightened shipments of 55nm DDIC (Display Driver Integrated Circuit) and CIS (CMOS Image Sensor) products. Notably, the company has commenced mass production of 55nm automotive display driver chips, while research and development on other automotive chips are progressing seamlessly.

In response to the court's decision in the legal battle between Apple and Epic Games, Apple has revised its app review guidelines to align with the verdict. At the heart of the dispute was Apple's policy that limited developers' ability to inform users about alternative in-app purchasing options. This update marks a compliance effort with the court's ruling.

Maxscend has recently announced a significant breakthrough with its Direct Time-of-Flight (DToF) chips, marking their entry into mass production and deep collaboration with leading enterprises in the robot vacuum cleaner industry. Additionally, the company's wireless charging products have witnessed a remarkable year-over-year revenue surge, fueled by customer expansion and advancements in technological processes. Maxscend, a pioneer in the research and development of high-performance analog and mixed-signal chips, continues to witness robust growth in its optical sensor business, which significantly contributes to the overall revenue and net profit expansion of the company.

Guomin Technology has announced that its latest high-performance MCU and power management chip products have successfully reached the customer verification phase and are set to hit the market. These innovative offerings are anticipated to serve as new catalysts for the company's revenue expansion.