Alphabet has issued a record-breaking ¥576.5 billion (approximately $3.6 billion) in Japanese yen bonds, marking the largest such issuance by a non-Japanese company. Meanwhile, SMIC's co-CEO, Zhao Haijun, reported a slight increase in gross profit margin to 20.1% for the first quarter, attributing it to price adjustments on in-demand products and increased orders for consumer and IoT devices. AI
IMPACT Alphabet's bond issuance provides capital for potential AI investments, while SMIC's pricing strategy reflects demand for semiconductor components crucial for AI hardware.
RANK_REASON The cluster reports on a record-breaking corporate bond issuance and a company's pricing strategy based on market demand.
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