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On May 21, Advanced Micro Devices (AMD) announced that its next-generation AMD EPYC central processing unit, codenamed "Venice," has officially entered mass production. This chip utilizes TSMC's most advanced 2nm process technology, making it the industry's first mass-produced 2nm product in the high-performance computing (HPC) field. Furthermore, AMD plans to extend its 2nm process for data center CPUs to its upcoming "Verano" product.
Bank of Japan board member Junko Koeda: Maintaining the interest rate unchanged in April was an appropriate move, because at that time we were still in a stage where we needed to carefully assess whether rising input costs would be passed on to consumer prices.
Bank of Japan board member Junko Koeda: The impact on household inflation expectations may not only stem from recent price changes, but also depend on the absolute level of prices.
Bank of Japan board member Junko Koeda: Compared to the past, the Bank of Japan must play a stronger role in using monetary policy to combat inflation.
Hong Kong-listed tech stocks fell sharply in the short term, with Bilibili (09626.HK) dropping more than 7%, NetEase-S (09999.HK), Baidu (09888.HK), and Kuaishou (01024.HK) all falling more than 5%. Alibaba (09988.HK), JD.com (09618.HK), and Tencent Holdings (00700.HK) also followed suit.
Saudi government data shows that the country's imports fell by 24.8% in March 2026.
On May 21, it was learned from the National Data Administration that Nanning, Guangxi, has officially launched its pilot program for international data cooperation with the ASEAN region, becoming one of the first batch of pilot cities for international data cooperation in China. The National Data Administration stated that it supports Nanning in carrying out this pilot program and hopes that Guangxi will fully leverage its geographical advantages in opening up and cooperating with ASEAN, boldly exploring ways to build interconnected data infrastructure, cultivate a universally beneficial and efficient cross-border service ecosystem, and expand diversified and empowering digital cooperation scenarios. The goal is to generate a number of replicable and scalable institutional achievements and practical cases, providing a model for international data cooperation nationwide.
Saudi government data shows that Saudi merchandise exports increased by 21.5% year-on-year in March 2026, with oil exports increasing by 37.4%.
Market sources say AMD will expand its strategic partnerships to enhance its advanced packaging capabilities.
Market sources indicate that AMD also plans to fully expand its data center CPU product roadmap to TSMC's 2nm process technology.
Bank of Japan policy board member Junko Koeda: Policy must be guided to avoid falling behind on inflation.
Abu Dhabi National Oil Company (ADNOC) of the United Arab Emirates: Full oil flows will not be restored until the first or second quarter of 2027.
Bank of Japan board member Junko Koeda: Now is the time to examine the speed and extent at which companies pass on higher costs to consumers.
Market news: AMD says it plans to increase production capacity at TSMC’s Arizona factory in the future.
Market news: AMD is using TSMC's advanced 2nm process technology to expand production of its "Venice" chip.
Bank of Japan board member Junko Koeda: (When asked about the Bank of Japan's June decision to reduce bond purchases) We hope to fully consider the views of financial market participants.
Market sources say AMD (AMD.O) is working with TSMC (TSM.N) to increase production capacity for its next-generation CPUs.
Bank of Japan policy board member Junko Koeda: In my opinion, the lower bound of Japan's projected neutral interest rate is higher than 1%.
The Hang Seng Tech Index fell further to 1% in the afternoon, with tech stocks collectively weakening. Bilibili (09626.HK) led the decline among constituent stocks, falling more than 7%.
Bank of Japan policy board member Junko Koeda: But there is still some time before the June policy meeting, so we will continue to monitor any changes in the relationship between price and growth risks.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54