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Jiejia Weichuang subsidiary Chuangwei Microelectronics (Changzhou) has developed a photomask cleaning system that has passed validation at multiple end fabs and entered volume production and delivery. The equipment meets advanced-process requirements

2026-07-29

Jiejia Weichuang subsidiary Chuangwei Microelectronics (Changzhou) has developed a photomask cleaning system that has passed validation at multiple end fabs and entered volume production and delivery. The equipment meets advanced-process requirements for particle control, no watermarks and surface cleanliness; the product matrix covers 5–9in quartz photomasks, supports fully automated front- and back-side cleaning, optional AOI particle inspection and SMIF automated load/unload. Key components are over 80% domestically sourced and software is fully self-developed.

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2026-07-29

US President Trump: Israeli Prime Minister Bibi Netanyahu and I, along with some other representatives, had a very good meeting! Obviously, we discussed many important issues.

US President Trump: Israeli Prime Minister Bibi Netanyahu and I, along with some other representatives, had a very good meeting! Obviously, we discussed many important issues.
2026-07-28

The chart shows that Alphabet, Amazon, Meta, Microsoft, and Oracle collectively repurchased approximately $9 billion in the first quarter, a near-decade low and more than 80% less than the peak of approximately $50 billion in 2021. Meta's first-quart

The chart shows that Alphabet, Amazon, Meta, Microsoft, and Oracle collectively repurchased approximately $9 billion in the first quarter, a near-decade low and more than 80% less than the peak of approximately $50 billion in 2021. Meta's first-quarter repurchases were zero, compared to $12.75 billion in the same period last year. Bloomberg statistics show that among the four major AI spenders—Alphabet, Amazon, Meta, and Microsoft—only Microsoft is still conducting share buybacks. This reflects a shift in the capital allocation of tech giants from shareholder returns to data centers, chips, and network equipment. The five companies' annual capital expenditure expectations have been revised upwards from approximately $485 billion at the beginning of the year to approximately $730 billion, simultaneously compressing short-term free cash flow and buyback capacity. While reduced buybacks won't directly determine a stock price decline, it signifies a weakening of the stabilizing forces that reduce outstanding shares, offset equity incentive dilution, and absorb selling pressure. Tech stock valuations will become more dependent on the timely realization of AI revenue and cash flow.
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