Lijidian said the overall market environment remains favorable for semiconductor firms and it expects revenue and profit to be strong this year.

U.S. Treasury Secretary Bessent said the Federal Reserve's consideration of expanding the repo facility for foreign and international monetary authorities is reasonable, and that the facility is no different from FX swap lines.

President Trump said on Monday that talks with Iran "are underway" and called the discussions Tehran's "last chance" to sign a "good deal." Earlier Iran denied any ongoing negotiations; Trump accused Iran's leadership of being "incredibly two-faced." Asked about progress, he reiterated "talks are taking place now," and said the dialogue was happening at the request of Iran, Saudi Arabia, the UAE and Qatar.