China's CXMT Semiconductor Debut Boosts Country's Chip Ambitions

China's CXMT semiconductor company made a strong debut in the market, further solidifying the country's ambitions to become self-reliant in semiconductors. The company's shares saw significant gains as investors backed its AI-driven growth story.

In other news, India has tightened crypto transaction reporting requirements, with the tax authority requiring proper records and reporting of these details. This move aims to increase compliance levels without changing existing tax rules.

Meanwhile, the job market is becoming increasingly challenging for fresh graduates as companies invest more in AI than entry-level hiring. This trend is creating opportunities for non-engineering professionals in AI-related fields such as AI trainers, prompt engineers, and data annotators.