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09-24
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Micron Forecasts First-Quarter Revenue Above Estimates on AI Demand
TanyaTracy
07-23
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Trump Says Trade Deal Struck with Japan Includes 15% Tariff
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<a href=\"https://laohu8.com/S/MU\">Micron Technology</a> forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips as a race to dominate AI tech intensifies.</p><p>Micron shares rose 2% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2da54e4ce382f3d2f6b4b2e729d9286e\" tg-width=\"891\" tg-height=\"834\"/></p><p>Efforts to build the most sophisticated AI models and expand the data center infrastructure that they run on have boosted demand for Micron's high-bandwidth memory chips, or HBM.</p><p style=\"text-align: start;\">Much of the competition among the world's largest memory suppliers — Micron, SK Hynix and Samsung — has centered on becoming a key HBM supplier to Nvidia, owing to the world's most valuable company's dominant market position.</p><p>Micron supplies HBM for some of Nvidia's semiconductors.</p><p>In the fourth quarter, Micron's HBM revenue grew to nearly $2 billion, implying an annualized run rate of nearly $8 billion, CEO Sanjay Mehrotra said on a post-earnings call.</p><p>HBM — a type of dynamic random access memory — involves stacking chips vertically to reduce power consumption, helping process large volumes of data, making it invaluable in AI development.</p><p>Micron forecast first-quarter sales of $12.50 billion, plus or minus $300 million, compared with the analysts' average estimate of $11.94 billion, according to data compiled by LSEG.</p><p>Micron expects to lock in deals to sell out all of its HBM chips for calendar year 2026 in the coming months, having secured pricing agreements with almost all customers for most HBM3E chips, while discussing deals regarding the more advanced HBM4, Mehrotra said.</p><p>"We expect Micron to be one of the biggest beneficiaries of AI in the semiconductor industry," he said, reiterating a remark the company made in 2024.</p><p>TSMC will also be a partner for manufacturing the base logic die for Micron's latest HBM4E for both customized products and off-the-shelf iterations.</p><p>Latest developments in HBM technology have progressed to custom constructions, making it difficult to switch between memory providers and upping the stakes for Micron as it tries to elbow SK Hynix out of Nvidia designs.</p><h2 id=\"id_2421744400\" style=\"text-align: start;\">MARGIN BOOST</h2><p>Micron also forecast adjusted gross margin of 51.5%, far above estimates of 45.9%.</p><p>"The significantly higher gross margin outlook was the key criteria for investors," said Kinngai Chan, an analyst at Summit Insights. "Pricing is better than expected."</p><p>After months of inventory corrections, analysts have pointed to improved pricing across the spectrum of memory chips.</p><p>Micron recorded adjusted earnings of $3.03 per share in the fourth quarter, beating estimates.</p><p>The company was also allotted a $6.2 billion government subsidy under former U.S. President Joe Biden's CHIPS and Science Act, which U.S. Commerce Secretary Howard Lutnick is looking to rework into equity stakes in the chipmakers, similar to a historic deal with Intel, Reuters has reported.</p><p>In the fourth quarter, Micron received a CHIPS grant disbursement after completing a key construction milestone for its Idaho manufacturing fab, Mehrotra said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron Forecasts First-Quarter Revenue Above Estimates on AI Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicron Forecasts First-Quarter Revenue Above Estimates on AI Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-24 16:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 23 (Reuters) - <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips as a race to dominate AI tech intensifies.</p><p>Micron shares rose 2% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2da54e4ce382f3d2f6b4b2e729d9286e\" tg-width=\"891\" tg-height=\"834\"/></p><p>Efforts to build the most sophisticated AI models and expand the data center infrastructure that they run on have boosted demand for Micron's high-bandwidth memory chips, or HBM.</p><p style=\"text-align: start;\">Much of the competition among the world's largest memory suppliers — Micron, SK Hynix and Samsung — has centered on becoming a key HBM supplier to Nvidia, owing to the world's most valuable company's dominant market position.</p><p>Micron supplies HBM for some of Nvidia's semiconductors.</p><p>In the fourth quarter, Micron's HBM revenue grew to nearly $2 billion, implying an annualized run rate of nearly $8 billion, CEO Sanjay Mehrotra said on a post-earnings call.</p><p>HBM — a type of dynamic random access memory — involves stacking chips vertically to reduce power consumption, helping process large volumes of data, making it invaluable in AI development.</p><p>Micron forecast first-quarter sales of $12.50 billion, plus or minus $300 million, compared with the analysts' average estimate of $11.94 billion, according to data compiled by LSEG.</p><p>Micron expects to lock in deals to sell out all of its HBM chips for calendar year 2026 in the coming months, having secured pricing agreements with almost all customers for most HBM3E chips, while discussing deals regarding the more advanced HBM4, Mehrotra said.</p><p>"We expect Micron to be one of the biggest beneficiaries of AI in the semiconductor industry," he said, reiterating a remark the company made in 2024.</p><p>TSMC will also be a partner for manufacturing the base logic die for Micron's latest HBM4E for both customized products and off-the-shelf iterations.</p><p>Latest developments in HBM technology have progressed to custom constructions, making it difficult to switch between memory providers and upping the stakes for Micron as it tries to elbow SK Hynix out of Nvidia designs.</p><h2 id=\"id_2421744400\" style=\"text-align: start;\">MARGIN BOOST</h2><p>Micron also forecast adjusted gross margin of 51.5%, far above estimates of 45.9%.</p><p>"The significantly higher gross margin outlook was the key criteria for investors," said Kinngai Chan, an analyst at Summit Insights. "Pricing is better than expected."</p><p>After months of inventory corrections, analysts have pointed to improved pricing across the spectrum of memory chips.</p><p>Micron recorded adjusted earnings of $3.03 per share in the fourth quarter, beating estimates.</p><p>The company was also allotted a $6.2 billion government subsidy under former U.S. President Joe Biden's CHIPS and Science Act, which U.S. Commerce Secretary Howard Lutnick is looking to rework into equity stakes in the chipmakers, similar to a historic deal with Intel, Reuters has reported.</p><p>In the fourth quarter, Micron received a CHIPS grant disbursement after completing a key construction milestone for its Idaho manufacturing fab, Mehrotra said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","BK4543":"AI","BK4512":"苹果概念","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4527":"明星科技股","BK4553":"喜马拉雅资本持仓","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4585":"ETF&股票定投概念","BK4141":"半导体产品","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4575":"芯片概念","BK4566":"资本集团","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","BK4579":"人工智能","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","MU":"美光科技","BK4588":"碎股","BK4605":"半导体精选","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250923:nL3N3VA13K:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2569456027","content_text":"Sept 23 (Reuters) - Micron Technology forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips as a race to dominate AI tech intensifies.Micron shares rose 2% in premarket trading.Efforts to build the most sophisticated AI models and expand the data center infrastructure that they run on have boosted demand for Micron's high-bandwidth memory chips, or HBM.Much of the competition among the world's largest memory suppliers — Micron, SK Hynix and Samsung — has centered on becoming a key HBM supplier to Nvidia, owing to the world's most valuable company's dominant market position.Micron supplies HBM for some of Nvidia's semiconductors.In the fourth quarter, Micron's HBM revenue grew to nearly $2 billion, implying an annualized run rate of nearly $8 billion, CEO Sanjay Mehrotra said on a post-earnings call.HBM — a type of dynamic random access memory — involves stacking chips vertically to reduce power consumption, helping process large volumes of data, making it invaluable in AI development.Micron forecast first-quarter sales of $12.50 billion, plus or minus $300 million, compared with the analysts' average estimate of $11.94 billion, according to data compiled by LSEG.Micron expects to lock in deals to sell out all of its HBM chips for calendar year 2026 in the coming months, having secured pricing agreements with almost all customers for most HBM3E chips, while discussing deals regarding the more advanced HBM4, Mehrotra said.\"We expect Micron to be one of the biggest beneficiaries of AI in the semiconductor industry,\" he said, reiterating a remark the company made in 2024.TSMC will also be a partner for manufacturing the base logic die for Micron's latest HBM4E for both customized products and off-the-shelf iterations.Latest developments in HBM technology have progressed to custom constructions, making it difficult to switch between memory providers and upping the stakes for Micron as it tries to elbow SK Hynix out of Nvidia designs.MARGIN BOOSTMicron also forecast adjusted gross margin of 51.5%, far above estimates of 45.9%.\"The significantly higher gross margin outlook was the key criteria for investors,\" said Kinngai Chan, an analyst at Summit Insights. \"Pricing is better than expected.\"After months of inventory corrections, analysts have pointed to improved pricing across the spectrum of memory chips.Micron recorded adjusted earnings of $3.03 per share in the fourth quarter, beating estimates.The company was also allotted a $6.2 billion government subsidy under former U.S. President Joe Biden's CHIPS and Science Act, which U.S. Commerce Secretary Howard Lutnick is looking to rework into equity stakes in the chipmakers, similar to a historic deal with Intel, Reuters has reported.In the fourth quarter, Micron received a CHIPS grant disbursement after completing a key construction milestone for its Idaho manufacturing fab, Mehrotra said.","news_type":1,"symbols_score_info":{"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":459530443100304,"gmtCreate":1753227306085,"gmtModify":1753235053522,"author":{"id":"4137469879198302","authorId":"4137469879198302","name":"TanyaTracy","avatar":"https://community-static.tradeup.com/news/1568a3bb47873962e16810a868331df3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4137469879198302","idStr":"4137469879198302"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/459530443100304","repostId":"2553826921","repostType":2,"repost":{"id":"2553826921","kind":"live","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1753235168,"share":"https://ttm.financial/m/news/2553826921?lang=en_US&edition=fundamental","pubTime":"2025-07-23 09:46","market":"us","language":"en","title":"Trump Says Trade Deal Struck with Japan Includes 15% Tariff","url":"https://stock-news.laohu8.com/highlight/detail?id=2553826921","media":"Reuters","summary":"Deal includes $550 billion Japanese investments in USTrump says Japan will form a joint venture with","content":"<html><head></head><body><ul style=\"\"><li><p>Deal includes $550 billion Japanese investments in US</p></li><li><p>Trump says Japan will form a joint venture with the US for LNG in Alaska</p></li><li><p>Japanese stocks jump, yen strengthens vs dollar</p></li><li><p>Tariff on Japanese autos cut to 15% from 25%, sources say</p></li></ul><p>President Donald Trump on Tuesday said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the U.S. and open its markets to American goods.</p><p>The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of an approaching August 1 deadline for higher levies to kick in.</p><p>"This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan," Trump said on his Truth Social platform.</p><p>Trump's announcement included few details, and he made no mention of easing tariffs on Japanese automobiles, which account for more than a quarter of all the country's exports to the United States and are subject to a 25% tariff. The deal lowers the auto tariff to 15%, according to industry and government officials briefed on the agreement.</p><p>Two-way trade between the two countries totaled nearly $230 billion in 2024, with Japan running a trade surplus of nearly $70 billion. Japan is the fifth-largest U.S. trading partner in goods, U.S. Census Bureau data show.</p><p>The announcement sent stocks in Japan higher, led by big gains in automakers as Honda, Toyota and Nissan all gained 8% or more, and U.S. equity index futures gained ground. The yen strengthened against the dollar.</p><p>Reuters could not immediately confirm the elements of the deal announced by Trump, and details were scant. The White House did not immediately respond to a request for additional details.</p><p>Speaking early on Wednesday in Tokyo, Japanese Prime Minister Shigeru Ishiba said he had received an initial report from his trade negotiator in Washington but declined to comment on the specifics of the negotiation.</p><p>Ishiba is under intense political pressure in Japan, where the ruling coalition was set back by losing control of the upper house in an election on Sunday.</p><p>Ishiba said he couldn't say how a trade deal would affect his decision on whether to step down from office until he saw the details.</p><h2 id=\"id_286260876\" style=\"text-align: start;\">'MISSON COMPLETE'</h2><p>Trump's announcement followed a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according to a person familiar with the matter.</p><p>"#Mission Complete," Akazawa wrote on X.</p><p>Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, said that "with the 15% tariff rate, I expect the Japanese economy to avoid recession."</p><p>The deal was "a better outcome" for Japan than it potentially could have been, given Trump's earlier unilateral tariff threats, said Kristina Clifton, a senior economist at the Commonwealth Bank of Australia in Sydney.</p><p>"Steel, aluminium, and also cars are important exports for Japan, so it'll be interesting to see if there's any specific carve-outs for those," Clifton said.</p><p>Autos are a huge part of U.S.-Japan trade, but is almost all one way to the U.S. from Japan, a fact that has long irked Trump. In 2024, the U.S. imported more than $55 billion of vehicles and automotive parts while just over $2 billion were sold into the Japanese market from the U.S.</p><p>Speaking later at the White House, Trump also expressed fresh optimism that Japan would form a joint venture with Washington to support a gas pipeline in Alaska long sought by his administration.</p><p>"We concluded the one deal ... and now we're going to conclude another one because they're forming a joint venture with us at, in Alaska, as you know, for the LNG," Trump told lawmakers at the White House. "They're all set to make that deal now."</p><p>Japanese officials had initially doubted the practicality of the project but warmed to it - and a range of other investments dear to Trump - as a potential incentive to resolve trade disputes with Washington.</p><p>Trump aides are feverishly working to close trade deals ahead of an August 1 deadline that Trump has repeatedly pushed back under pressure from markets and intense lobbying by industry. By that date, countries are set to face steep new tariffs beyond those Trump has already imposed since taking office in January.</p><p>While Trump has said that unilateral letters declaring what rate would be imposed are tantamount to a deal, his team has nonetheless raced to close agreements. Trump has announced framework agreements with Britain, Vietnam, Indonesia and paused a tit-for-tat tariff battle with China, though details are still to be worked out with all of those countries.</p><p>At the White House, Trump said negotiators from the European Union would be in Washington on Wednesday.</p><p>Trump's announcement on Tuesday was of a pattern with some previous agreements. He announced the deal on social media shortly after a meeting or a phone call with a foreign official, leaving many key details a mystery, and before the other country issued its own proclamations.</p><p>Nearly three weeks after Trump announced an agreement with Vietnam - in similar fashion - no formal statement has been released by either country spelling out the particulars of the deal that was ostensibly reached.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Says Trade Deal Struck with Japan Includes 15% Tariff</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Says Trade Deal Struck with Japan Includes 15% Tariff\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-23 09:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>Deal includes $550 billion Japanese investments in US</p></li><li><p>Trump says Japan will form a joint venture with the US for LNG in Alaska</p></li><li><p>Japanese stocks jump, yen strengthens vs dollar</p></li><li><p>Tariff on Japanese autos cut to 15% from 25%, sources say</p></li></ul><p>President Donald Trump on Tuesday said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the U.S. and open its markets to American goods.</p><p>The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of an approaching August 1 deadline for higher levies to kick in.</p><p>"This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan," Trump said on his Truth Social platform.</p><p>Trump's announcement included few details, and he made no mention of easing tariffs on Japanese automobiles, which account for more than a quarter of all the country's exports to the United States and are subject to a 25% tariff. The deal lowers the auto tariff to 15%, according to industry and government officials briefed on the agreement.</p><p>Two-way trade between the two countries totaled nearly $230 billion in 2024, with Japan running a trade surplus of nearly $70 billion. Japan is the fifth-largest U.S. trading partner in goods, U.S. Census Bureau data show.</p><p>The announcement sent stocks in Japan higher, led by big gains in automakers as Honda, Toyota and Nissan all gained 8% or more, and U.S. equity index futures gained ground. The yen strengthened against the dollar.</p><p>Reuters could not immediately confirm the elements of the deal announced by Trump, and details were scant. The White House did not immediately respond to a request for additional details.</p><p>Speaking early on Wednesday in Tokyo, Japanese Prime Minister Shigeru Ishiba said he had received an initial report from his trade negotiator in Washington but declined to comment on the specifics of the negotiation.</p><p>Ishiba is under intense political pressure in Japan, where the ruling coalition was set back by losing control of the upper house in an election on Sunday.</p><p>Ishiba said he couldn't say how a trade deal would affect his decision on whether to step down from office until he saw the details.</p><h2 id=\"id_286260876\" style=\"text-align: start;\">'MISSON COMPLETE'</h2><p>Trump's announcement followed a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according to a person familiar with the matter.</p><p>"#Mission Complete," Akazawa wrote on X.</p><p>Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, said that "with the 15% tariff rate, I expect the Japanese economy to avoid recession."</p><p>The deal was "a better outcome" for Japan than it potentially could have been, given Trump's earlier unilateral tariff threats, said Kristina Clifton, a senior economist at the Commonwealth Bank of Australia in Sydney.</p><p>"Steel, aluminium, and also cars are important exports for Japan, so it'll be interesting to see if there's any specific carve-outs for those," Clifton said.</p><p>Autos are a huge part of U.S.-Japan trade, but is almost all one way to the U.S. from Japan, a fact that has long irked Trump. In 2024, the U.S. imported more than $55 billion of vehicles and automotive parts while just over $2 billion were sold into the Japanese market from the U.S.</p><p>Speaking later at the White House, Trump also expressed fresh optimism that Japan would form a joint venture with Washington to support a gas pipeline in Alaska long sought by his administration.</p><p>"We concluded the one deal ... and now we're going to conclude another one because they're forming a joint venture with us at, in Alaska, as you know, for the LNG," Trump told lawmakers at the White House. "They're all set to make that deal now."</p><p>Japanese officials had initially doubted the practicality of the project but warmed to it - and a range of other investments dear to Trump - as a potential incentive to resolve trade disputes with Washington.</p><p>Trump aides are feverishly working to close trade deals ahead of an August 1 deadline that Trump has repeatedly pushed back under pressure from markets and intense lobbying by industry. By that date, countries are set to face steep new tariffs beyond those Trump has already imposed since taking office in January.</p><p>While Trump has said that unilateral letters declaring what rate would be imposed are tantamount to a deal, his team has nonetheless raced to close agreements. Trump has announced framework agreements with Britain, Vietnam, Indonesia and paused a tit-for-tat tariff battle with China, though details are still to be worked out with all of those countries.</p><p>At the White House, Trump said negotiators from the European Union would be in Washington on Wednesday.</p><p>Trump's announcement on Tuesday was of a pattern with some previous agreements. He announced the deal on social media shortly after a meeting or a phone call with a foreign official, leaving many key details a mystery, and before the other country issued its own proclamations.</p><p>Nearly three weeks after Trump announced an agreement with Vietnam - in similar fashion - no formal statement has been released by either country spelling out the particulars of the deal that was ostensibly reached.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250722:nL8N3TJ2HM:3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2553826921","content_text":"Deal includes $550 billion Japanese investments in USTrump says Japan will form a joint venture with the US for LNG in AlaskaJapanese stocks jump, yen strengthens vs dollarTariff on Japanese autos cut to 15% from 25%, sources sayPresident Donald Trump on Tuesday said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the U.S. and open its markets to American goods.The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of an approaching August 1 deadline for higher levies to kick in.\"This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan,\" Trump said on his Truth Social platform.Trump's announcement included few details, and he made no mention of easing tariffs on Japanese automobiles, which account for more than a quarter of all the country's exports to the United States and are subject to a 25% tariff. The deal lowers the auto tariff to 15%, according to industry and government officials briefed on the agreement.Two-way trade between the two countries totaled nearly $230 billion in 2024, with Japan running a trade surplus of nearly $70 billion. Japan is the fifth-largest U.S. trading partner in goods, U.S. Census Bureau data show.The announcement sent stocks in Japan higher, led by big gains in automakers as Honda, Toyota and Nissan all gained 8% or more, and U.S. equity index futures gained ground. The yen strengthened against the dollar.Reuters could not immediately confirm the elements of the deal announced by Trump, and details were scant. The White House did not immediately respond to a request for additional details.Speaking early on Wednesday in Tokyo, Japanese Prime Minister Shigeru Ishiba said he had received an initial report from his trade negotiator in Washington but declined to comment on the specifics of the negotiation.Ishiba is under intense political pressure in Japan, where the ruling coalition was set back by losing control of the upper house in an election on Sunday.Ishiba said he couldn't say how a trade deal would affect his decision on whether to step down from office until he saw the details.'MISSON COMPLETE'Trump's announcement followed a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according to a person familiar with the matter.\"#Mission Complete,\" Akazawa wrote on X.Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, said that \"with the 15% tariff rate, I expect the Japanese economy to avoid recession.\"The deal was \"a better outcome\" for Japan than it potentially could have been, given Trump's earlier unilateral tariff threats, said Kristina Clifton, a senior economist at the Commonwealth Bank of Australia in Sydney.\"Steel, aluminium, and also cars are important exports for Japan, so it'll be interesting to see if there's any specific carve-outs for those,\" Clifton said.Autos are a huge part of U.S.-Japan trade, but is almost all one way to the U.S. from Japan, a fact that has long irked Trump. In 2024, the U.S. imported more than $55 billion of vehicles and automotive parts while just over $2 billion were sold into the Japanese market from the U.S.Speaking later at the White House, Trump also expressed fresh optimism that Japan would form a joint venture with Washington to support a gas pipeline in Alaska long sought by his administration.\"We concluded the one deal ... and now we're going to conclude another one because they're forming a joint venture with us at, in Alaska, as you know, for the LNG,\" Trump told lawmakers at the White House. \"They're all set to make that deal now.\"Japanese officials had initially doubted the practicality of the project but warmed to it - and a range of other investments dear to Trump - as a potential incentive to resolve trade disputes with Washington.Trump aides are feverishly working to close trade deals ahead of an August 1 deadline that Trump has repeatedly pushed back under pressure from markets and intense lobbying by industry. By that date, countries are set to face steep new tariffs beyond those Trump has already imposed since taking office in January.While Trump has said that unilateral letters declaring what rate would be imposed are tantamount to a deal, his team has nonetheless raced to close agreements. Trump has announced framework agreements with Britain, Vietnam, Indonesia and paused a tit-for-tat tariff battle with China, though details are still to be worked out with all of those countries.At the White House, Trump said negotiators from the European Union would be in Washington on Wednesday.Trump's announcement on Tuesday was of a pattern with some previous agreements. He announced the deal on social media shortly after a meeting or a phone call with a foreign official, leaving many key details a mystery, and before the other country issued its own proclamations.Nearly three weeks after Trump announced an agreement with Vietnam - in similar fashion - no formal statement has been released by either country spelling out the particulars of the deal that was ostensibly reached.","news_type":1,"symbols_score_info":{".SPX":1.1,".DJI":1.1,".IXIC":1.1}},"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":481833543242328,"gmtCreate":1758669334066,"gmtModify":1758678854957,"author":{"id":"4137469879198302","authorId":"4137469879198302","name":"TanyaTracy","avatar":"https://community-static.tradeup.com/news/1568a3bb47873962e16810a868331df3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4137469879198302","idStr":"4137469879198302"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/481833543242328","repostId":"2569456027","repostType":2,"repost":{"id":"2569456027","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1758701428,"share":"https://ttm.financial/m/news/2569456027?lang=en_US&edition=fundamental","pubTime":"2025-09-24 16:10","market":"us","language":"en","title":"Micron Forecasts First-Quarter Revenue Above Estimates on AI Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2569456027","media":"Reuters","summary":"Micron Technology forecast first-quarter revenue above market estimates on Tuesday.","content":"<html><head></head><body><p>Sept 23 (Reuters) - <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips as a race to dominate AI tech intensifies.</p><p>Micron shares rose 2% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2da54e4ce382f3d2f6b4b2e729d9286e\" tg-width=\"891\" tg-height=\"834\"/></p><p>Efforts to build the most sophisticated AI models and expand the data center infrastructure that they run on have boosted demand for Micron's high-bandwidth memory chips, or HBM.</p><p style=\"text-align: start;\">Much of the competition among the world's largest memory suppliers — Micron, SK Hynix and Samsung — has centered on becoming a key HBM supplier to Nvidia, owing to the world's most valuable company's dominant market position.</p><p>Micron supplies HBM for some of Nvidia's semiconductors.</p><p>In the fourth quarter, Micron's HBM revenue grew to nearly $2 billion, implying an annualized run rate of nearly $8 billion, CEO Sanjay Mehrotra said on a post-earnings call.</p><p>HBM — a type of dynamic random access memory — involves stacking chips vertically to reduce power consumption, helping process large volumes of data, making it invaluable in AI development.</p><p>Micron forecast first-quarter sales of $12.50 billion, plus or minus $300 million, compared with the analysts' average estimate of $11.94 billion, according to data compiled by LSEG.</p><p>Micron expects to lock in deals to sell out all of its HBM chips for calendar year 2026 in the coming months, having secured pricing agreements with almost all customers for most HBM3E chips, while discussing deals regarding the more advanced HBM4, Mehrotra said.</p><p>"We expect Micron to be one of the biggest beneficiaries of AI in the semiconductor industry," he said, reiterating a remark the company made in 2024.</p><p>TSMC will also be a partner for manufacturing the base logic die for Micron's latest HBM4E for both customized products and off-the-shelf iterations.</p><p>Latest developments in HBM technology have progressed to custom constructions, making it difficult to switch between memory providers and upping the stakes for Micron as it tries to elbow SK Hynix out of Nvidia designs.</p><h2 id=\"id_2421744400\" style=\"text-align: start;\">MARGIN BOOST</h2><p>Micron also forecast adjusted gross margin of 51.5%, far above estimates of 45.9%.</p><p>"The significantly higher gross margin outlook was the key criteria for investors," said Kinngai Chan, an analyst at Summit Insights. "Pricing is better than expected."</p><p>After months of inventory corrections, analysts have pointed to improved pricing across the spectrum of memory chips.</p><p>Micron recorded adjusted earnings of $3.03 per share in the fourth quarter, beating estimates.</p><p>The company was also allotted a $6.2 billion government subsidy under former U.S. President Joe Biden's CHIPS and Science Act, which U.S. Commerce Secretary Howard Lutnick is looking to rework into equity stakes in the chipmakers, similar to a historic deal with Intel, Reuters has reported.</p><p>In the fourth quarter, Micron received a CHIPS grant disbursement after completing a key construction milestone for its Idaho manufacturing fab, Mehrotra said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron Forecasts First-Quarter Revenue Above Estimates on AI Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicron Forecasts First-Quarter Revenue Above Estimates on AI Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-24 16:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 23 (Reuters) - <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips as a race to dominate AI tech intensifies.</p><p>Micron shares rose 2% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2da54e4ce382f3d2f6b4b2e729d9286e\" tg-width=\"891\" tg-height=\"834\"/></p><p>Efforts to build the most sophisticated AI models and expand the data center infrastructure that they run on have boosted demand for Micron's high-bandwidth memory chips, or HBM.</p><p style=\"text-align: start;\">Much of the competition among the world's largest memory suppliers — Micron, SK Hynix and Samsung — has centered on becoming a key HBM supplier to Nvidia, owing to the world's most valuable company's dominant market position.</p><p>Micron supplies HBM for some of Nvidia's semiconductors.</p><p>In the fourth quarter, Micron's HBM revenue grew to nearly $2 billion, implying an annualized run rate of nearly $8 billion, CEO Sanjay Mehrotra said on a post-earnings call.</p><p>HBM — a type of dynamic random access memory — involves stacking chips vertically to reduce power consumption, helping process large volumes of data, making it invaluable in AI development.</p><p>Micron forecast first-quarter sales of $12.50 billion, plus or minus $300 million, compared with the analysts' average estimate of $11.94 billion, according to data compiled by LSEG.</p><p>Micron expects to lock in deals to sell out all of its HBM chips for calendar year 2026 in the coming months, having secured pricing agreements with almost all customers for most HBM3E chips, while discussing deals regarding the more advanced HBM4, Mehrotra said.</p><p>"We expect Micron to be one of the biggest beneficiaries of AI in the semiconductor industry," he said, reiterating a remark the company made in 2024.</p><p>TSMC will also be a partner for manufacturing the base logic die for Micron's latest HBM4E for both customized products and off-the-shelf iterations.</p><p>Latest developments in HBM technology have progressed to custom constructions, making it difficult to switch between memory providers and upping the stakes for Micron as it tries to elbow SK Hynix out of Nvidia designs.</p><h2 id=\"id_2421744400\" style=\"text-align: start;\">MARGIN BOOST</h2><p>Micron also forecast adjusted gross margin of 51.5%, far above estimates of 45.9%.</p><p>"The significantly higher gross margin outlook was the key criteria for investors," said Kinngai Chan, an analyst at Summit Insights. "Pricing is better than expected."</p><p>After months of inventory corrections, analysts have pointed to improved pricing across the spectrum of memory chips.</p><p>Micron recorded adjusted earnings of $3.03 per share in the fourth quarter, beating estimates.</p><p>The company was also allotted a $6.2 billion government subsidy under former U.S. President Joe Biden's CHIPS and Science Act, which U.S. Commerce Secretary Howard Lutnick is looking to rework into equity stakes in the chipmakers, similar to a historic deal with Intel, Reuters has reported.</p><p>In the fourth quarter, Micron received a CHIPS grant disbursement after completing a key construction milestone for its Idaho manufacturing fab, Mehrotra said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","BK4543":"AI","BK4512":"苹果概念","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4527":"明星科技股","BK4553":"喜马拉雅资本持仓","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4585":"ETF&股票定投概念","BK4141":"半导体产品","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4575":"芯片概念","BK4566":"资本集团","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","BK4579":"人工智能","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","MU":"美光科技","BK4588":"碎股","BK4605":"半导体精选","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250923:nL3N3VA13K:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2569456027","content_text":"Sept 23 (Reuters) - Micron Technology forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips as a race to dominate AI tech intensifies.Micron shares rose 2% in premarket trading.Efforts to build the most sophisticated AI models and expand the data center infrastructure that they run on have boosted demand for Micron's high-bandwidth memory chips, or HBM.Much of the competition among the world's largest memory suppliers — Micron, SK Hynix and Samsung — has centered on becoming a key HBM supplier to Nvidia, owing to the world's most valuable company's dominant market position.Micron supplies HBM for some of Nvidia's semiconductors.In the fourth quarter, Micron's HBM revenue grew to nearly $2 billion, implying an annualized run rate of nearly $8 billion, CEO Sanjay Mehrotra said on a post-earnings call.HBM — a type of dynamic random access memory — involves stacking chips vertically to reduce power consumption, helping process large volumes of data, making it invaluable in AI development.Micron forecast first-quarter sales of $12.50 billion, plus or minus $300 million, compared with the analysts' average estimate of $11.94 billion, according to data compiled by LSEG.Micron expects to lock in deals to sell out all of its HBM chips for calendar year 2026 in the coming months, having secured pricing agreements with almost all customers for most HBM3E chips, while discussing deals regarding the more advanced HBM4, Mehrotra said.\"We expect Micron to be one of the biggest beneficiaries of AI in the semiconductor industry,\" he said, reiterating a remark the company made in 2024.TSMC will also be a partner for manufacturing the base logic die for Micron's latest HBM4E for both customized products and off-the-shelf iterations.Latest developments in HBM technology have progressed to custom constructions, making it difficult to switch between memory providers and upping the stakes for Micron as it tries to elbow SK Hynix out of Nvidia designs.MARGIN BOOSTMicron also forecast adjusted gross margin of 51.5%, far above estimates of 45.9%.\"The significantly higher gross margin outlook was the key criteria for investors,\" said Kinngai Chan, an analyst at Summit Insights. \"Pricing is better than expected.\"After months of inventory corrections, analysts have pointed to improved pricing across the spectrum of memory chips.Micron recorded adjusted earnings of $3.03 per share in the fourth quarter, beating estimates.The company was also allotted a $6.2 billion government subsidy under former U.S. President Joe Biden's CHIPS and Science Act, which U.S. Commerce Secretary Howard Lutnick is looking to rework into equity stakes in the chipmakers, similar to a historic deal with Intel, Reuters has reported.In the fourth quarter, Micron received a CHIPS grant disbursement after completing a key construction milestone for its Idaho manufacturing fab, Mehrotra said.","news_type":1,"symbols_score_info":{"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":459530443100304,"gmtCreate":1753227306085,"gmtModify":1753235053522,"author":{"id":"4137469879198302","authorId":"4137469879198302","name":"TanyaTracy","avatar":"https://community-static.tradeup.com/news/1568a3bb47873962e16810a868331df3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4137469879198302","idStr":"4137469879198302"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/459530443100304","repostId":"2553826921","repostType":2,"repost":{"id":"2553826921","kind":"live","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1753235168,"share":"https://ttm.financial/m/news/2553826921?lang=en_US&edition=fundamental","pubTime":"2025-07-23 09:46","market":"us","language":"en","title":"Trump Says Trade Deal Struck with Japan Includes 15% Tariff","url":"https://stock-news.laohu8.com/highlight/detail?id=2553826921","media":"Reuters","summary":"Deal includes $550 billion Japanese investments in USTrump says Japan will form a joint venture with","content":"<html><head></head><body><ul style=\"\"><li><p>Deal includes $550 billion Japanese investments in US</p></li><li><p>Trump says Japan will form a joint venture with the US for LNG in Alaska</p></li><li><p>Japanese stocks jump, yen strengthens vs dollar</p></li><li><p>Tariff on Japanese autos cut to 15% from 25%, sources say</p></li></ul><p>President Donald Trump on Tuesday said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the U.S. and open its markets to American goods.</p><p>The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of an approaching August 1 deadline for higher levies to kick in.</p><p>"This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan," Trump said on his Truth Social platform.</p><p>Trump's announcement included few details, and he made no mention of easing tariffs on Japanese automobiles, which account for more than a quarter of all the country's exports to the United States and are subject to a 25% tariff. The deal lowers the auto tariff to 15%, according to industry and government officials briefed on the agreement.</p><p>Two-way trade between the two countries totaled nearly $230 billion in 2024, with Japan running a trade surplus of nearly $70 billion. Japan is the fifth-largest U.S. trading partner in goods, U.S. Census Bureau data show.</p><p>The announcement sent stocks in Japan higher, led by big gains in automakers as Honda, Toyota and Nissan all gained 8% or more, and U.S. equity index futures gained ground. The yen strengthened against the dollar.</p><p>Reuters could not immediately confirm the elements of the deal announced by Trump, and details were scant. The White House did not immediately respond to a request for additional details.</p><p>Speaking early on Wednesday in Tokyo, Japanese Prime Minister Shigeru Ishiba said he had received an initial report from his trade negotiator in Washington but declined to comment on the specifics of the negotiation.</p><p>Ishiba is under intense political pressure in Japan, where the ruling coalition was set back by losing control of the upper house in an election on Sunday.</p><p>Ishiba said he couldn't say how a trade deal would affect his decision on whether to step down from office until he saw the details.</p><h2 id=\"id_286260876\" style=\"text-align: start;\">'MISSON COMPLETE'</h2><p>Trump's announcement followed a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according to a person familiar with the matter.</p><p>"#Mission Complete," Akazawa wrote on X.</p><p>Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, said that "with the 15% tariff rate, I expect the Japanese economy to avoid recession."</p><p>The deal was "a better outcome" for Japan than it potentially could have been, given Trump's earlier unilateral tariff threats, said Kristina Clifton, a senior economist at the Commonwealth Bank of Australia in Sydney.</p><p>"Steel, aluminium, and also cars are important exports for Japan, so it'll be interesting to see if there's any specific carve-outs for those," Clifton said.</p><p>Autos are a huge part of U.S.-Japan trade, but is almost all one way to the U.S. from Japan, a fact that has long irked Trump. In 2024, the U.S. imported more than $55 billion of vehicles and automotive parts while just over $2 billion were sold into the Japanese market from the U.S.</p><p>Speaking later at the White House, Trump also expressed fresh optimism that Japan would form a joint venture with Washington to support a gas pipeline in Alaska long sought by his administration.</p><p>"We concluded the one deal ... and now we're going to conclude another one because they're forming a joint venture with us at, in Alaska, as you know, for the LNG," Trump told lawmakers at the White House. "They're all set to make that deal now."</p><p>Japanese officials had initially doubted the practicality of the project but warmed to it - and a range of other investments dear to Trump - as a potential incentive to resolve trade disputes with Washington.</p><p>Trump aides are feverishly working to close trade deals ahead of an August 1 deadline that Trump has repeatedly pushed back under pressure from markets and intense lobbying by industry. By that date, countries are set to face steep new tariffs beyond those Trump has already imposed since taking office in January.</p><p>While Trump has said that unilateral letters declaring what rate would be imposed are tantamount to a deal, his team has nonetheless raced to close agreements. Trump has announced framework agreements with Britain, Vietnam, Indonesia and paused a tit-for-tat tariff battle with China, though details are still to be worked out with all of those countries.</p><p>At the White House, Trump said negotiators from the European Union would be in Washington on Wednesday.</p><p>Trump's announcement on Tuesday was of a pattern with some previous agreements. He announced the deal on social media shortly after a meeting or a phone call with a foreign official, leaving many key details a mystery, and before the other country issued its own proclamations.</p><p>Nearly three weeks after Trump announced an agreement with Vietnam - in similar fashion - no formal statement has been released by either country spelling out the particulars of the deal that was ostensibly reached.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Says Trade Deal Struck with Japan Includes 15% Tariff</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Says Trade Deal Struck with Japan Includes 15% Tariff\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-23 09:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>Deal includes $550 billion Japanese investments in US</p></li><li><p>Trump says Japan will form a joint venture with the US for LNG in Alaska</p></li><li><p>Japanese stocks jump, yen strengthens vs dollar</p></li><li><p>Tariff on Japanese autos cut to 15% from 25%, sources say</p></li></ul><p>President Donald Trump on Tuesday said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the U.S. and open its markets to American goods.</p><p>The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of an approaching August 1 deadline for higher levies to kick in.</p><p>"This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan," Trump said on his Truth Social platform.</p><p>Trump's announcement included few details, and he made no mention of easing tariffs on Japanese automobiles, which account for more than a quarter of all the country's exports to the United States and are subject to a 25% tariff. The deal lowers the auto tariff to 15%, according to industry and government officials briefed on the agreement.</p><p>Two-way trade between the two countries totaled nearly $230 billion in 2024, with Japan running a trade surplus of nearly $70 billion. Japan is the fifth-largest U.S. trading partner in goods, U.S. Census Bureau data show.</p><p>The announcement sent stocks in Japan higher, led by big gains in automakers as Honda, Toyota and Nissan all gained 8% or more, and U.S. equity index futures gained ground. The yen strengthened against the dollar.</p><p>Reuters could not immediately confirm the elements of the deal announced by Trump, and details were scant. The White House did not immediately respond to a request for additional details.</p><p>Speaking early on Wednesday in Tokyo, Japanese Prime Minister Shigeru Ishiba said he had received an initial report from his trade negotiator in Washington but declined to comment on the specifics of the negotiation.</p><p>Ishiba is under intense political pressure in Japan, where the ruling coalition was set back by losing control of the upper house in an election on Sunday.</p><p>Ishiba said he couldn't say how a trade deal would affect his decision on whether to step down from office until he saw the details.</p><h2 id=\"id_286260876\" style=\"text-align: start;\">'MISSON COMPLETE'</h2><p>Trump's announcement followed a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according to a person familiar with the matter.</p><p>"#Mission Complete," Akazawa wrote on X.</p><p>Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, said that "with the 15% tariff rate, I expect the Japanese economy to avoid recession."</p><p>The deal was "a better outcome" for Japan than it potentially could have been, given Trump's earlier unilateral tariff threats, said Kristina Clifton, a senior economist at the Commonwealth Bank of Australia in Sydney.</p><p>"Steel, aluminium, and also cars are important exports for Japan, so it'll be interesting to see if there's any specific carve-outs for those," Clifton said.</p><p>Autos are a huge part of U.S.-Japan trade, but is almost all one way to the U.S. from Japan, a fact that has long irked Trump. In 2024, the U.S. imported more than $55 billion of vehicles and automotive parts while just over $2 billion were sold into the Japanese market from the U.S.</p><p>Speaking later at the White House, Trump also expressed fresh optimism that Japan would form a joint venture with Washington to support a gas pipeline in Alaska long sought by his administration.</p><p>"We concluded the one deal ... and now we're going to conclude another one because they're forming a joint venture with us at, in Alaska, as you know, for the LNG," Trump told lawmakers at the White House. "They're all set to make that deal now."</p><p>Japanese officials had initially doubted the practicality of the project but warmed to it - and a range of other investments dear to Trump - as a potential incentive to resolve trade disputes with Washington.</p><p>Trump aides are feverishly working to close trade deals ahead of an August 1 deadline that Trump has repeatedly pushed back under pressure from markets and intense lobbying by industry. By that date, countries are set to face steep new tariffs beyond those Trump has already imposed since taking office in January.</p><p>While Trump has said that unilateral letters declaring what rate would be imposed are tantamount to a deal, his team has nonetheless raced to close agreements. Trump has announced framework agreements with Britain, Vietnam, Indonesia and paused a tit-for-tat tariff battle with China, though details are still to be worked out with all of those countries.</p><p>At the White House, Trump said negotiators from the European Union would be in Washington on Wednesday.</p><p>Trump's announcement on Tuesday was of a pattern with some previous agreements. He announced the deal on social media shortly after a meeting or a phone call with a foreign official, leaving many key details a mystery, and before the other country issued its own proclamations.</p><p>Nearly three weeks after Trump announced an agreement with Vietnam - in similar fashion - no formal statement has been released by either country spelling out the particulars of the deal that was ostensibly reached.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250722:nL8N3TJ2HM:3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2553826921","content_text":"Deal includes $550 billion Japanese investments in USTrump says Japan will form a joint venture with the US for LNG in AlaskaJapanese stocks jump, yen strengthens vs dollarTariff on Japanese autos cut to 15% from 25%, sources sayPresident Donald Trump on Tuesday said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the U.S. and open its markets to American goods.The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of an approaching August 1 deadline for higher levies to kick in.\"This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan,\" Trump said on his Truth Social platform.Trump's announcement included few details, and he made no mention of easing tariffs on Japanese automobiles, which account for more than a quarter of all the country's exports to the United States and are subject to a 25% tariff. The deal lowers the auto tariff to 15%, according to industry and government officials briefed on the agreement.Two-way trade between the two countries totaled nearly $230 billion in 2024, with Japan running a trade surplus of nearly $70 billion. Japan is the fifth-largest U.S. trading partner in goods, U.S. Census Bureau data show.The announcement sent stocks in Japan higher, led by big gains in automakers as Honda, Toyota and Nissan all gained 8% or more, and U.S. equity index futures gained ground. The yen strengthened against the dollar.Reuters could not immediately confirm the elements of the deal announced by Trump, and details were scant. The White House did not immediately respond to a request for additional details.Speaking early on Wednesday in Tokyo, Japanese Prime Minister Shigeru Ishiba said he had received an initial report from his trade negotiator in Washington but declined to comment on the specifics of the negotiation.Ishiba is under intense political pressure in Japan, where the ruling coalition was set back by losing control of the upper house in an election on Sunday.Ishiba said he couldn't say how a trade deal would affect his decision on whether to step down from office until he saw the details.'MISSON COMPLETE'Trump's announcement followed a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according to a person familiar with the matter.\"#Mission Complete,\" Akazawa wrote on X.Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, said that \"with the 15% tariff rate, I expect the Japanese economy to avoid recession.\"The deal was \"a better outcome\" for Japan than it potentially could have been, given Trump's earlier unilateral tariff threats, said Kristina Clifton, a senior economist at the Commonwealth Bank of Australia in Sydney.\"Steel, aluminium, and also cars are important exports for Japan, so it'll be interesting to see if there's any specific carve-outs for those,\" Clifton said.Autos are a huge part of U.S.-Japan trade, but is almost all one way to the U.S. from Japan, a fact that has long irked Trump. In 2024, the U.S. imported more than $55 billion of vehicles and automotive parts while just over $2 billion were sold into the Japanese market from the U.S.Speaking later at the White House, Trump also expressed fresh optimism that Japan would form a joint venture with Washington to support a gas pipeline in Alaska long sought by his administration.\"We concluded the one deal ... and now we're going to conclude another one because they're forming a joint venture with us at, in Alaska, as you know, for the LNG,\" Trump told lawmakers at the White House. \"They're all set to make that deal now.\"Japanese officials had initially doubted the practicality of the project but warmed to it - and a range of other investments dear to Trump - as a potential incentive to resolve trade disputes with Washington.Trump aides are feverishly working to close trade deals ahead of an August 1 deadline that Trump has repeatedly pushed back under pressure from markets and intense lobbying by industry. By that date, countries are set to face steep new tariffs beyond those Trump has already imposed since taking office in January.While Trump has said that unilateral letters declaring what rate would be imposed are tantamount to a deal, his team has nonetheless raced to close agreements. Trump has announced framework agreements with Britain, Vietnam, Indonesia and paused a tit-for-tat tariff battle with China, though details are still to be worked out with all of those countries.At the White House, Trump said negotiators from the European Union would be in Washington on Wednesday.Trump's announcement on Tuesday was of a pattern with some previous agreements. He announced the deal on social media shortly after a meeting or a phone call with a foreign official, leaving many key details a mystery, and before the other country issued its own proclamations.Nearly three weeks after Trump announced an agreement with Vietnam - in similar fashion - no formal statement has been released by either country spelling out the particulars of the deal that was ostensibly reached.","news_type":1,"symbols_score_info":{".SPX":1.1,".DJI":1.1,".IXIC":1.1}},"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}