Cheer for Gan(Jiangxi) Super League, explore beautiful Jiangxi. Gan Super League: Tour of 11 cities. Ep02, Ganzhou, the ancient Song city. #NewChapterOfJiangxi# #CharmOfJiangxi# #JMG#

👀 China’s #GaN# RF players posted strong Q1 growth while #SiC# firms struggled, with SICC reporting a 10.4% YoY revenue decline. What’s driving the growing divide in the country’s wide-bandgap chip market?💡More: 🔗

Kelper upgrades $XFAB to "Buy" citing: - Melexis demand strengthening “week-after-week, day-after-day” (their lead customer). - AI giving XFAB a structural growth leg with SiC, GaN, and photonics offsetting auto cyclicality. - Scarce Western speciality foundries like $SILEX commanding higher multiples. "X-Fab remains the cheapest specialty foundry peer on every multiple, trading at 4.8x 2027 EV/EBITDA versus a peer median of 14.5x" I treat this as good signal for the core fundamentals improving like auto players. But in terms of unpriced long term growth vectors, I'm personally looking at XFAB from a different angle in terms of photonics growth with photonixfab. Given $NVDA as a potential key driver. But it's hard for traditional firms to price these types of active developments into valuation models until there's volume contracts.

I genuinely think $XFAB is very compelling at $1.5B MC, despite recent volatility. Per NIST filings stated they were the only high volume SiC foundry in America. Making them extremely “critical infrastructure”… Verbatim from the US Gov. And they’re the first comprehensive pure play foundry for SiC/GaN. So it’s very compelling exposure as $NVDA pushes 800 VDC and as other power semi players from $NVTS and $WOLF are all re-rating hard. For long term photonics exposure: They were literally listed in CHIPS Act 2 blueprints… with $NOK / $NVDA evaluations right now. And production ramp up in 2027/volume production H1 2028 expected. So you have a company at $1.5B MC: Critical both on the power semis front to the US government. And critical to both photonics front to the EU government. Coming off of a legacy drag cycle with auto and others (similar to Soitec). I think I’d follow EU/US government signals for what’s critical infrastructure given expected dual continent subsidies… Over random media analysts trying to cause unnecessary volatility saying it’s a memestock with no fundamentals.

🚨 Two Chinese Sailors Died Ramming Manila’s Boat. Beijing Hid It for a Year. On August 11, 2025, in broad daylight and calm seas off Scarborough Shoal, China Coast Guard (CCG) cutter 3104 slammed into the People’s Liberation Army Navy (PLAN) Type 052D destroyer Guilin (hull 164) at high speed. Both were chasing the Philippine Coast Guard (PCG) vessel BRP Suluan, a 44-meter Parola-class patrol vessel on a lawful resupply mission inside Manila’s exclusive economic zone. Philippine video captured the 3104’s bow crumpling ten meters inward. Four CCG sailors visible on that bow moments earlier were gone. Beijing said nothing. CCG spokesman Gan Yu called it “professional, regulated, and legitimate.” Censors scrubbed the footage from Weibo. Filipino radio calls offering medical aid went unanswered. Guilin kept chasing the Suluan before limping away for repairs at Yulin Naval Base. A year later, the cover-up cracked. On August 5, 2026, state broadcaster China National Radio’s (CNR) military channel posthumously named four “martyrs” as “Loyal Guardians of the China Armed Police”. The Ministry of Veterans Affairs martyr database confirms two, Yi Xinyu (born 2003) and Cheng Long (born 2000), were killed on August 11, 2025 during “frontline rights protection operations” in the South China Sea. Beijing’s own paperwork betrayed the story it spent a year burying. This was not seamanship. Since 2018, the CCG has reported through the People’s Armed Police (PAP) to the Central Military Commission (CMC). Two ships coordinating a high-speed block against a civilian resupply run is an ordered operation, not a rogue captain. The world responded. Then-US Ambassador MaryKay Carlson condemned the “reckless action.” Japan, Australia, New Zealand, and the European Union raised alarm. Two days later, USS Higgins and USS Cincinnati sailed Scarborough Shoal on a freedom of navigation operation. Beijing killed two of its own to intimidate a neighbor, then hid the bodies until its own paperwork told on it. ACI — Aric Chen | Insights