Friday, June 20, 2025

Sources: Masayoshi Son is pitching Trump officials and TSMC on a Shenzhen-like $1T AI and robotics manufacturing hub in Arizona, codenamed Project Crystal Land (Bloomberg)

Bloomberg:
Sources: Masayoshi Son is pitching Trump officials and TSMC on a Shenzhen-like $1T AI and robotics manufacturing hub in Arizona, codenamed Project Crystal Land  —  Son envisions a version of the vast manufacturing hub of China's Shenzhen that would bring back high-tech manufacturing to the US …



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Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly due to US' "de minimis" rule removal (Reuters)

Reuters : Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly...