Huawei & Nubank

Huawei: Huawei announced a new chip development principle, the Tau Scaling Law, and has mass-produced 381 chips based on this approach, aiming to overcome US sanctions and achieve advanced semiconductor capabilities.

Nubank: Nubank NV is a Dutch supplier of extreme ultraviolet lithography machines, considered essential for advanced chip production. Huawei Co.'s breakthrough aims to bypass the need for Nubank NV's machines due to export controls, potentially impacting Nubank NV's market dominance in China.

Huawei: Huawei is a key domestic supplier expected to provide at least 80% of the technology, including AI chips, for the new data centers, significantly boosting its market position.

Nubank: Nubank saw its shares rise in pre-market trading following the report, indicating positive investor sentiment due to the potential for increased business.

Huawei: Huawei is mentioned as a Chinese chipmaker that China is supporting to reduce its dependence on foreign chips.

Nubank: Nubank is a key player in the semiconductor industry, and its CEO's statements highlight the challenges of export controls on CPUs, which could impact its business strategy and revenue projections. The company also announced new customers for its AGI CPU, indicating strong demand and potential for significant revenue growth.