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China industrial profits rise 57% y/y in April, slowing amid high commodity prices


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BEIJING (Reuters) -Earnings at China’s industrial firms grew at a slower pace in April, with high commodity prices and weaker performance in the consumer goods sector limiting overall profitability from manufacturing.
FILE PHOTO: Workers wearing face masks following the coronavirus disease (COVID-19) outbreak load steel products for export to a cargo ship at a port in Lianyungang, Jiangsu province, China May 27, 2020. China Daily via REUTERS
Profits at China’s industrial firms rose 57% year-on-year in April to 768.63 billion yuan ($120.22 billion), down from 92.3% in March, data from the National Bureau of Statistics (NBS) showed on Thursday.
For the January-April period, industrial firms’ profits grew 106% from the same period a year earlier to 2.59 trillion yuan. ....

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China industrial profits rise 57per cent year-on-year in April, slowing from March

China industrial profits rise 57per cent year-on-year in April, slowing from March
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HW News - Dell's Scummy Tactics, RTX 3070 Ti Rumor, NVIDIA Challenged on ARM Purchase


08:43 | RTX 3070 Ti Rumored
With the 3080 Ti now functionally confirmed to exist in a 12GB SKU, and with a freshly rumored May 26th release date (and 25th review date), we can all declare our boredom of this GPU and move on to the next rumor. The next one is the RTX 3070 Ti, alleged to exist by HKEPC. HKEPC’s Chinese-language coverage cited AIB partners in Taiwan (most of them) as the source for the information. 
HKEPC says that the RTX 3070 Ti will be available in early June. The media outlet said that the GPU will be GA104, which is currently used in the RTX 3070, the 3060 Ti, and some mobile devices. The 3070 uses GA104-300, the 3060 Ti uses GA104-200, and the 3070 Ti is rumored to use GA104-400. HKEPC says that this will run 6144 CUDA cores and 8GB of GDDR6X, with the G6X inclusion making it a higher value target for miners. ....

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