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08:16
On March 24, the three major U.S. stock index futures all rose together. As of press time, Dow Jones futures were up 0.14%, Nasdaq futures were up 0.25%, and S&P 500 index futures were up 0.17%.
US optical communication concept stocks continued to show strength in pre-market trading. Applied Optoelectronics rose over 4% after receiving new orders for 800G data center transceivers. Corning, Coherent, Lumentum, and Ciena Technologies all gained over 2%. Memory concept stocks generally rose, with SanDisk, Micron Technology, and Western Digital all up more than 1%, and Seagate Technology also followed with a slight increase. Netgear surged over 15% after the US FCC banned the import of all foreign-made consumer-grade routers.
08:16
Directly pointing to TSMC (TSM.US) reaching its production capacity "ceiling"! Broadcom (AVGO.US) publicly warns of a chip supply chain crisis; the AI arms race faces its biggest obstacle.
Chip design giant Broadcom (AVGO.US) recently issued a public warning that the company is currently facing supply chain constraints, with its key foundry partner, a particular exchange, experiencing especially pronounced capacity limitations. This has become a major bottleneck restricting the entire industry’s development. Meanwhile, the supply pressure on energy and raw materials caused by Middle East conflicts has added new uncertainties to the global semiconductor industry.
08:11
Revolut's pre-tax profit reached $2.3 billions in 2025, a 57% year-on-year increase.
PANews, March 24—According to CNBC, UK fintech company Revolut announced a pre-tax profit of $2.3 billion in 2025, a 57% year-on-year increase, and a 46% rise in group revenue to $6 billion. The company stated that business banking performed well, contributing 16% of total revenue. Earlier this month, Revolut obtained a full UK banking license and is currently accelerating its expansion plans in the US market. The company's valuation in 2025 is expected to reach $75 billion, making it one of the most valuable private technology companies in Europe.
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