By Eduardo Baptista and Liam Mo BEIJING, May 29 (Reuters) - When AMD CEO Lisa Su arrived in China last week just days after Nvidia's CEO left, she kept a much lower profile than Jensen Huang, who drew crowds in the centre of the capital as he posed for photos and ate local delicacies like Beijing-style soybean paste noodles. Their contrasting approaches show two very different forms of corporate ...
By Eduardo Baptista and Liam Mo BEIJING, May 29 (Reuters) - When AMD CEO Lisa Su arrived in China last week just days after Nvidia's CEO left, she kept a much lower profile than Jensen Huang, who drew crowds in the centre of the capital as he posed for photos and ate local delicacies like Beijing-style soybean paste noodles. Their contrasting approaches show two very different forms of corporate diplomacy around the world's most politically sensitive artificial intelligence chip market, where their fortunes have also been diverging. Just a year ago at the annual Computex trade show in Taipei, Huang said Nvidia's market share in China had dropped to 50% from 95% due to U.S. export controls. Since then, that has effectively fallen to zero, he said this year, amid Beijing's push for self-reliance in advanced AI chips. Huang has previously estimated that China's AI chip market would be worth $50 billion this year. By contrast, AMD commands 4% of China's AI chip market, according to IDC, a research firm, and it has more routes into the country than AI accelerators, which are Nvidia's mainstay. AMD can serve Chinese customers with central processing units (CPUs), consumer graphics processing units (GPUs), AI chipsets and programmable integrated circuits called FPGAs, said Lian Jye Su, chief analyst at Omdia, a tech research firm. That gives AMD access to more types of system architecture as AI workloads spread beyond training large models into broader enterprise use, he said. DIVERGING CHINA PLAYBOOKS With the two U.S. tech CEOs gathering again in Taiwan for the Computex event next week, their diverging China playbooks appear more pronounced, as both over the past week unveiled big investment plans in Taiwan, home to the world's largest contract chip manufacturing firm, TSMC. Their contrasting approach to China also carries an unusual personal dimension: both hail from Taiwan and have said publicly that they are distant relatives. AMD's announcement on its Taiwan in...
Key Points Quantum computing's momentum is rising, making FormFactor a strong buy. FormFactor enables quantum computing development by providing cryogenic wafer-level testing tools essential for superconducting and spin-based systems. FormFactor already benefits from AI and semiconductor demand, with its quantum computing exposure offering underappreciated long-term upside potential. 10 stocks we ...
Key Points Quantum computing's momentum is rising, making FormFactor a strong buy. FormFactor enables quantum computing development by providing cryogenic wafer-level testing tools essential for superconducting and spin-based systems. FormFactor already benefits from AI and semiconductor demand, with its quantum computing exposure offering underappreciated long-term upside potential. 10 stocks we like better than FormFactor › Over the last week, quantum computing stories have really started to gain some momentum again across both the news cycle and Wall Street, fueled in part by fresh government investments in the sector. But even with all the excitement, I think most of the attention still flows to whichever company announces the latest qubit milestone or lands a flashy cloud partnership, while one critical player remains largely overlooked: the company supplying the cold, unforgiving infrastructure that many superconducting and spin-based quantum computing systems literally cannot operate without. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » That company is FormFactor (NASDAQ: FORM), and its secret weapon is simple: If you want to build many types of quantum computing hardware at scale, you almost need to test it on FormFactor gear first. The lab that sits behind the qubits FormFactor began life as a probe card company for semiconductor fabs. Over time, it built deep expertise in handling tiny, fragile devices with precision at high speed, a skill set that turns out to matter a great deal as you shrink classical chips down to individual quantum dies. To run, many quantum computing devices require temperatures close to absolute zero and exquisite control over magnetic fields. FormFactor's cryogenic systems live inside that environment. Its HPD IQ3000 probe station, for example, provides a 4‑ke...
Roman Radziviliuk/iStock via Getty Images JOYY Inc ( JOYY ), a technology platform for live streaming, short-form videos, instant messaging, advertising and smart commerce SAAS, managed to start 2026 with a new 52-weeks high early in the year, but the stock spent much of 2026 on the decline, including in the weeks and days prior to the release of the Q1 FY2026 report on May 25. JOYY could have use...
Roman Radziviliuk/iStock via Getty Images JOYY Inc ( JOYY ), a technology platform for live streaming, short-form videos, instant messaging, advertising and smart commerce SAAS, managed to start 2026 with a new 52-weeks high early in the year, but the stock spent much of 2026 on the decline, including in the weeks and days prior to the release of the Q1 FY2026 report on May 25. JOYY could have used a good report to help stem and possibly reverse the slide, and in many ways the report did deliver in that regard, although the latest balance sheet shows there are some potential pitfalls present that could become an issue at some point in the future. Still, an argument can be made that the time has come for long JOYY. JOYY got relief when it needed relief JOYY was on a roll when it hit a new 52-weeks high of $70.96 per ADS in January 2026. This new high was nothing out of the ordinary because it was simply the most recent addition to a series of higher highs thanks to a long move upwards in the stock that could be traced all the way back to the low of $27.88 in June 2024. Source: Thinkorswim app However, 2026 has not been so kind for JOYY because the stock spent the following months on the decline. The decline in the stock eventually resulted in a 2026 low of $54.24 on May 22, although it closed the day somewhat higher at $54.42. The significance of this can be gleaned from the chart above of the past two years. The stock went from a low of $27.88 in June 2024 to a high of $70.96 on January 2026 and the 38.2% Fiboanacci retracement of $27.88 to $70.96 is $54.50. In other words, JOYY was in the process of breaking through a potential support level. This after it had previously broken through the prior or 23.6% Fibonacci retracement level, which was at $60.79. Another breakthrough would have opened the door for further losses since the stock could possibly make its way to the next potential support level, which would be the 50% Fibonacci retracement at $49.42. In addition...