TSMC ADR fell before the market, but analysts said that the demand for artificial intelligence remained strong. TSMC ADR fell by 0.6% in pre-market trading in the United States, after the world's largest chip foundry announced its sales data for November. Analysts said that the data is a positive signal of TSMC's quarterly revenue. Bernstein analysts said that the company's revenue in October and November totaled 590 billion Taiwan dollars, accounting for 69.6% of TSMC's guidance midpoint in the fourth quarter of 2024, close to the high end of the range of 65-72% in December of the past eight years. If December follows the average seasonal factors of the past eight years, the income in the fourth quarter of 2024 will be 1.7% higher than the midpoint of the guidance interval and 1.2% higher than the market expectation.Zhongke Wenge completed a new round of strategic financing. On December 10th, Zhongke Wenge completed a new round of strategic financing, which was invested by Beijing Artificial Intelligence Industry Investment Fund. This round of funds will be mainly used for R&D investment in the field of large model and decision intelligence, and promote the commercial application of general artificial intelligence technology.Founder Securities gave Guangdong Dongpeng Holdings Co., Ltd. the initial rating of buying.
European Central Bank: Foreign exchange reserves increased by 500 million euros to 327.4 billion euros.The death toll from the explosion of a fuel depot in central Italy has risen to five. The reporter learned on the 10th local time that the body of the last missing person in the explosion of a fuel depot in the suburb of Florence in central Italy on the 9th has been found. Up to now, the explosion has caused 5 deaths and 26 injuries, of which 2 were seriously injured. (CCTV News)Council of the European Union: Poland will hold the rotating presidency of the Council from January to the end of June 2025.
Swedish Finance Minister: What I am most worried about now is not American tariffs, but low productivity.Canadian Finance Minister: Canada will reduce the debt-to-GDP ratio in the medium term.EUR/GBP fell 0.3% to 0.8249, the lowest point since March 2022.