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A new survey shows US companies face rising tariffs and costs in China, with many planning to stay despite economic pressures. Meanwhile, China's manufacturing activity slightly improves but remains in contraction, and US markets show volatility amid ongoing trade negotiations and legal challenges to tariffs.
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As of mid-October 2025, OpenAI has secured major deals to expand its AI computing infrastructure, including a $100 billion partnership with Nvidia for 10 gigawatts of data center power, a multibillion-dollar agreement with AMD to deploy 6 gigawatts of AI chips starting in 2026 with an option to acquire a 10% stake, and a new pact with Broadcom to co-develop 10 gigawatts of custom AI accelerators by 2029. These deals reflect OpenAI's aggressive push to meet soaring AI compute demand amid concerns over power supply and infrastructure.
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US stocks rallied Monday after President Trump issued conciliatory comments about China, reversing recent trade war threats. The market responded positively to signals of de-escalation, amid ongoing US-China trade tensions and economic uncertainties. The story highlights the volatile nature of markets driven by political rhetoric and economic policy shifts today, Wed, 15 Oct 2025.
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Global markets showed mixed reactions after US President Trump’s conciliatory comments on China, following a weekend of heightened trade tensions. US stocks recovered from Friday’s sharp losses, gold hit new highs, and European markets edged higher amid ongoing geopolitical uncertainty and economic data delays.
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Taiwan Semiconductor Manufacturing Corp. reported a record NT$452.3 billion ($14.8 billion) net profit in Q3, driven by strong demand for AI chips and data center investments. The company is expanding in the US and Japan, with a $100 billion U.S. investment plan, amid ongoing trade tensions and global chip demand growth.