Rebirth: From Computer System to World Richest
Chapter 64: The Eighth Circuit Breaker In Us Stocks! Global Semiconductor Business Collapses!
The aftermath of the press conference continues to spread!
After the four major chaebols in the Bangzi Kingdom were hit by dimensionality reduction, the Neon Kingdom was also hit!
Songxia, the world's largest power battery manufacturer, is listed on the Xijing Stock Exchange and has a current market value equivalent to approximately US$24 billion.
Due to the epidemic, Songxia's life is not easy. Its white home appliance business accounts for more than 40% of the company's profits. Although the battery department provides batteries for Tesela, it only really became profitable last year!
As a result, it didn’t make a profit for a long time, and it directly encountered the emergence of graphene batteries!
"Asshole! Asshole!"
Ichiro Tsuburaya felt a huge headache at this moment!
After the press conference, Songxia’s stock suddenly plummeted!
At this moment, the market value has evaporated by 5 billion US dollars!
The emergence of graphene batteries directly broke Songxia's leading position in the field of power batteries!
Not only that, except for Songxia Battery, the stock prices of other world-renowned major lithium battery manufacturers have all plummeted, like a train rushing into an abyss, and can never be pulled back!
"Amaterasu, are you really not going to protect us?"
Tsuburaya Ichiro looked at the busy traffic outside the window and fell into painful despair.
Like IDM, Songxia is also an ancient company that has been established for more than 100 years and is affiliated to the Juyu Group, one of the six largest chaebols in the Neon Kingdom!
After the battery business was hit, Songxia's home appliance business also fell into crisis.
"Several major e-commerce companies in Dragon Kingdom, through the support of pmos and voice assistant Xiaobei, have created their own ecological environment! They have even begun to go abroad and kill the king of Neon Kingdom!"
"Longguo's products are of high quality and low price. Although there are some quality defects, there is no doubt that they will have an impact on Songxia's white goods business!"
Regarding the Dragon Kingdom, the Neon Kingdom is definitely the country that knows the best!
They know very well that the Dragon Kingdom is a country with terrifying potential, and the continuous economic development of the Dragon Kingdom in recent years has made them full of panic!
As time passed, the Eastern Hemisphere entered night. Looking down from the space station in space, most of the blue stars were plunged into darkness.
However, in many places, there is a bright light!
Especially where the Dragon Kingdom is located, almost the entire coastal area is filled with light, with the Pearl River Delta, Yangtze River Delta, and Beijing Triangle being the brightest!
The brightness of the lights in Dragon Kingdom at night is far beyond everyone’s imagination!
On the other side, the United States is entering the dawn, and the light on its east coast is gradually extinguishing.
"What a beautiful scene this is! Every time I see news that discredits the Dragon Kingdom, I feel that my IQ has been seriously despised!"
In the Blue Star Space Station, the patriotic bearded astronaut Boo Jones expressed this emotion.
Having said this, he couldn't help but look into the distance. Out of sight, the space station from the Dragon Kingdom was being further assembled!
This made him feel a little scared!
"Hey! Man, don't forget our business~`!"
A tall man floated over from the space capsule and patted Browns on the shoulder.
"The mission given to us by NASA is to observe a series of events from space! Not long ago, a sunspot erupted, which had a short-term impact on global radio communications!"
"The headquarters is still waiting for us to transmit the first-hand data collected by the space station back to the ground!"
This is Ethan from the United States, an astronaut from NASA.
"Okay! I almost forgot about my job!"
The two chatted while drifting back to their posts.
In this weightless space environment, everything is so magical.
In the distant Kuiper Belt, a huge meteorite quietly deviated from its original orbit due to the collision of other meteorites, and began to break away from this huge meteorite belt!
With the arrival of dawn, all the lights in the entire United States have been extinguished, and the warm light from the sun shines on the vast land of the United States!
The weather in August is the hottest period of the year, but the crowds at the New York Stock Exchange and Nasdaq felt cold all over!
They are all waiting for one thing, the US stock market!
As time went by, it was 9:30 a.m.!
Under the anxious eyes of countless people, the two major stock markets opened on time!
boom!
The crowd suddenly burst into loud noises!
"I want to sell all the lithium battery concept stocks and place all orders! The price is only 70% of the original price!"
"Xie Te! I also want to place an order, the price is only 50%!"
"Sell all Intel stocks for me! I also don't want Micron, Gaotong, and all stocks related to semiconductors!"
Last night, Dragon Kingdom on the other side of the Pacific released a series of graphene products, which directly shocked global investors!
Everyone is familiar with graphene and knows its terrifying potential. After the press conference, the global stock market fell into chaos!
When the market was open at that time, the NH Stock Exchange collapsed and fell to its limit on the spot!
The stock market of Neon Country also fell sharply, and the stocks of well-known companies such as Longguo Wanwan District, Lianfake, Huashuo, and Hongji, which strongly support the semiconductor business, all plummeted!
U.S. and British stocks have temporarily escaped the disaster because they have been closed!
But a monk can't hide in a temple. After a night of frightening battles, the U.S. stock market officially opened under the gaze of investors with panda eyes who couldn't sleep for countless nights!
As soon as the market opened, concept stocks in the major industries of semiconductors, batteries, screens, materials, chemicals, and petroleum all plummeted!
Intel's stock plummeted by more than one-third! It fell directly from US$90 billion to US$60 billion, and it continued to plummet!
Tall Barrel Company's stock fell by more than a quarter, from US$127 billion to US$86 billion!
Memory giant Micron's stock fell by more than one-third, plummeting from US$89.6 billion to US$59.6 billion!
Texas Instruments, Botong, and semiconductor companies from Europe such as Yifa Semiconductor, Infineon, and NXP are all in crisis!
The market value has evaporated crazily!
As Luo Yang said, "Stylenes will become the gravediggers of the silicon-based era!
These giants on the silicon-based semiconductor ship were very prosperous in the past, but now they are dying miserably!
In the field of chemistry, the market value of a series of chemical giants headed by Dubonne has also plummeted!
The oil industry, which the world loves and hates, has also fallen into a series of fluctuations. Aramco, which has been listed in Saudi Arabia, has also suffered a blow from its original upward momentum!
Meifu Oil, Bridge Oil, Yingguo Oil, Faguo Oil, Mao Xiongguo Oil... Except for the three barrels of oil from Longguo, all were in chaos!
The emergence of graphene batteries means that the global consumption of electricity will further increase. This is good news for new energy sources such as hydropower, wind power, and photovoltaic power generation, but it is bad news for oil and electricity!
The petroleum industry is an extremely large system, and many companies attached to the petroleum industry chain have also been negatively affected by this!
After many major industries plummeted, other unrelated industries also began to fall!
The panic in the market continues to be amplified!
Faced with such huge bad news, global hot money and short sellers came out again and began to frantically short the global stock market!
In the ocean of the Internet, Xiaobei controlled Luo Yang's small treasury, began to secretly mobilize funds, and joined the ranks of short sellers!
*`~Damn it! Why hasn’t the Fed rescued the market yet? Do the big capitalists on Wall Street want the entire United States to fall into an economic crisis again?”
"There are these companies that are plummeting, why don't you spend money to buy back the stock! Now I just want to sell these damn stocks! Falk!"
"It's over! The DuPont stock I just bought last week..."
Countless people fell into anger and panic!
Standing in the two major exchanges of the US stock market, looking around, all I see is blood red!
All stocks are falling!
After a night of fermentation, many people have learned about the news of the birth of graphene, and now they are placing orders to try to sell stocks in these industries!
But at this moment, no one is willing to buy these stocks!
"Damn it! All my stocks are locked up!"
A tall stock investor was so angry that he smashed his mobile phone!
"Oh Maika! God, please protect us!"
A desperate middle-aged fund manager, holding his head in despair!
Amid the global chip shortage, his fund invested heavily in the semiconductor industry and bought stocks of Intel and other companies!
However, not long ago, and suddenly went bankrupt, which directly set off alarm bells in their hearts!
Before he could all withdraw, Luo Yang suddenly released a large-scale synthesis process for graphene [fixing his fund on body stocks!
Looking at the blood red on the big screen and the countless investors who were in madness, chagrin, regret, rage, and fear, the fund manager closed his eyes in despair!
He seemed to have seen his own ending!
Such a huge loss was enough for countless clients of wealth management funds to rush in front of him and throw him off the roof of the stock exchange!
What awaits him will be a cruel hell!
The Exchange and Nasdaq are once again in a state of turmoil!
At 9:43 a.m., the 13th minute after the U.S. stock market opened, the overall stock price fell by more than 7%, triggering the first-level circuit breaker mechanism for U.S. stocks!
In the horrified eyes of countless people, the U.S. stock market ushered in an unprecedented eighth circuit breaker!
(Wish you all a happy 520! Thank you~~).
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