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
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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.