China Manufacturing

Business

Analysts Bullish on Applied Materials as AI Spending Fuels Semiconductor Equipment Demand

A wave of analyst upgrades for Applied Materials underscores growing confidence in global semiconductor capital expenditure, driven by the AI infrastructure boom and demand for advanced manufacturing tools. The company's strategic position in wafer fabrication equipment places it at the heart of the industry's next growth phase.

Jan 31, 2026

Business

Nilfisk Shifts U.S. Strategy: Closes Minnesota Plant, Opens New Commercial Hub in Plymouth

Danish industrial cleaning giant Nilfisk is consolidating its U.S. presence, moving manufacturing to Mexico while establishing a new commercial headquarters in Plymouth, MN, promising continued investment amid local job cuts.

Jan 30, 2026

Business

Hong Kong Asset Manager Makes Bold $32 Million Wager on XPeng, Allocating Nearly 10% of Portfolio to Chinese EV Maker

Yong Rong (HK) Asset Management Ltd. has taken a significant concentrated position in XPeng Inc., signaling strong conviction in the smart EV maker's recovery and long-term prospects within China's competitive automotive market.

Jan 30, 2026

Business

QuantumScape Bolsters Board with Semiconductor Finance Expert as Commercialization Push Intensifies

Solid-state battery developer QuantumScape appoints former NVIDIA CFO Geoffrey Ribar to its board, signaling a strategic shift towards manufacturing discipline and capital allocation as it transitions from R&D to pilot production.

Jan 30, 2026

Business

TSMC Unveils Landmark $165 Billion Investment Plan for Arizona Semiconductor Hub

Taiwan Semiconductor Manufacturing Company (TSMC) announces a historic $165 billion investment to expand its advanced chipmaking facilities in Arizona, marking a significant deepening of U.S.-Taiwan economic and strategic ties.

Jan 30, 2026

Business

Kanzhun Limited (BZ) Capital Restructuring Fuels Analyst Optimism, With Price Targets Pointing to Over 40% Gain

Following a strategic adjustment to its share capital structure, China's leading online recruitment platform Kanzhun Limited sees sustained bullish sentiment from Wall Street, with a majority of analysts maintaining Buy ratings and forecasting significant upside.

Jan 30, 2026

Business

Altria's Q4: Revenue Surge Overshadowed by Profit Squeeze as Smokeless Push Accelerates

Altria Group (MO) posted stronger-than-expected Q4 revenue, driven by its core tobacco brands and oral nicotine products, but saw its shares fall as profit margins contracted sharply. The company is betting on a national rollout of its ON! Plus pouches and manufacturing upgrades to fuel its smoke-free future.

Jan 30, 2026

Business

Eli Lilly Bets Big on Pennsylvania with $3.5 Billion Plant for Next-Gen Weight-Loss Drugs

Pharmaceutical giant Eli Lilly announces a massive $3.5 billion investment in a new Pennsylvania manufacturing facility, aiming to scale up production of its blockbuster weight-loss therapies like retatrutide amid soaring global demand.

Jan 30, 2026

Business

Applied Optoelectronics Bets Big on AI Infrastructure with Major 800G Wins and Texas Expansion

Applied Optoelectronics (AAOI) is positioning itself at the forefront of the AI infrastructure build-out, securing a significant 800G transceiver order from a hyperscale customer and expanding its Texas manufacturing footprint. While these moves signal strong revenue momentum, they also amplify existing concerns over customer concentration and profitability.

Jan 30, 2026

Business

Clear Street Boosts Critical Metals Target to $20 on Saudi Rare Earth Venture

Analyst firm Clear Street has raised its price target for Critical Metals Corp. (CRML) to $20, citing a strategic joint venture with a Saudi industrial group to build a rare earth processing facility. The move aims to diversify supply chains away from China and support Western defense needs.

Jan 30, 2026

Business

Applied Optoelectronics Lands Major 800G Transceiver Deal, Expands Texas Footprint for AI Boom

Applied Optoelectronics (AAOI) has secured a significant order for its high-speed 800G optical transceivers from a key hyperscale client, coinciding with a strategic expansion of its Texas manufacturing facility to meet surging AI data center demand.

Jan 30, 2026

Business

Eli Lilly Commits $3.5 Billion to Pennsylvania, Creating 850 Jobs in Major Life Sciences Push

Pharmaceutical leader Eli Lilly will build a new manufacturing facility in Lehigh County, marking the largest life sciences investment in Pennsylvania history and bolstering U.S. production of next-generation weight-loss drugs.

Jan 30, 2026

Business

Eli Lilly Bets $3.5 Billion on Pennsylvania as Pharma Giants Shift Production Stateside

Eli Lilly announces a massive new manufacturing facility in Pennsylvania, part of a strategic pivot by major drugmakers to onshore production amid trade tensions and soaring demand for weight-loss drugs.

Jan 30, 2026

Business

NetEase Cloud Music Strikes Major Deal with Universal Music Group, Gaining Distribution Rights and Vowing to Boost Chinese Artists

NetEase Cloud Music has entered a multi-year strategic partnership with Universal Music Group, securing licensing and distribution rights for UMG's vast catalog in China. The deal aims to expand music access for Chinese listeners while creating new global promotion channels for domestic talent.

Jan 30, 2026

Business

Pony AI Forges Key Alliance with ATBB to Accelerate Robotaxi Rollout Across Major Chinese Cities

Autonomous driving leader Pony AI partners with premium mobility provider Beijing ATBB, aiming to deploy its seventh-generation robotaxis in top-tier cities and key travel hubs, marking a significant step in China's driverless commercialization push.

Jan 30, 2026

Business

TAL Education Posts Strong Q3 Earnings, Profit Soars to $130.6 Million as Post-Regulation Shift Pays Off

Chinese tutoring giant TAL Education Group surpassed revenue and profit expectations for its fiscal third quarter, reporting net income of $130.6 million. The results signal a successful strategic pivot following China's sweeping education sector reforms.

Jan 30, 2026

Business

IonQ's Strategic Buyout of SkyWater: A Quantum Leap Towards Vertical Integration

IonQ's acquisition of semiconductor foundry SkyWater Technology marks a pivotal shift, granting it a unique edge in chip manufacturing and positioning it as a frontrunner for lucrative government contracts in the nascent quantum computing race.

Jan 30, 2026

Business

Gentex Navigates Tariff Headwinds, Posts Strong Q4 on Vox Integration and Core Margin Expansion

Gentex Corporation delivered a mixed 2025, with Q4 results buoyed by its Vox acquisition and improved core profitability, while tariffs on China exports continued to pressure sales. The automotive tech supplier provided a roadmap focused on advanced mirrors, sensing, and new electrochromic applications like dimmable visors.

Jan 30, 2026

Business

TSMC's Arizona Megafab Signals AI Boom, But Investors Question Valuation Amid Massive Expansion

Taiwan Semiconductor Manufacturing Company's planned Arizona gigafab cluster, backed by a US$250 billion U.S.-Taiwan initiative, underscores its pivotal role in powering the AI revolution while raising questions about capital intensity and long-term returns in the reshoring era.

Jan 30, 2026

Business

Presidential Endorsement Sends French Eyewear Maker Soaring, But Can It Revive a Fading Industry?

A pair of aviator sunglasses worn by French President Emmanuel Macron during a high-profile moment at Davos has triggered a global sales frenzy for the historic brand Henry Jullien. While the Italian-owned company sees its stock and orders surge, industry veterans question whether the presidential spotlight can stem the long-term decline of French eyewear manufacturing.

Jan 30, 2026