Krypton Evening News | Meizu mobile phones may become history: The business has substantially ceased operations and will be officially delisted in March; Jensen Huang of NVIDIA: Capital operations will be carried out at an opportune time within the year.

Large companies:

NVIDIA's Jensen Huang: Will Seek Opportunities for Capital Operations This Year

After the U.S. Eastern time market closed on Wednesday, during NVIDIA's earnings conference call, the company's CEO, Jensen Huang, stated that the company is still continuously conducting stock buybacks and dividend distributions. It will look for suitable opportunities within this year to seize unique investment opportunities and promote relevant capital operations. He also pointed out that ecosystem investment will always be a core part of the company's capital allocation, and at the same time, the company will continue to promote strategic investments. (Caixin)

Reports say Samsung Electronics will stop producing 2D NAND flash memory, and the original production line will be used for the 1c nm DRAM memory process

According to The Elec, Samsung Electronics will stop manufacturing 2D NAND flash memory at Line 12 in its Hwaseong campus as early as March this year, and the era of the company's 2D NAND flash memory will officially come to an end. Samsung Electronics achieved mass production of 3D NAND (V-NAND) as early as 2013. However, Samsung still maintained a small-scale 2D NAND production capacity to meet the needs of special niche markets. In the future, Line 12 in Hwaseong will be used for the manufacturing of 1c nm DRAM memory, responsible for the back-end metal wiring and surface treatment processes. (Cailian Press)

PingPong Becomes an Official Partner of Chewy, the Largest Pet Retail Platform in the United States

36Kr learned that recently, global payment platform PingPong officially announced that it has become an official partner of Chewy, the largest pet retail platform in the United States, and fully supports cross - border collection for merchants.

Zhangyuan Tungsten Industry: Due to the continuous rise in the price of tungsten raw materials, the new price for welding machine clamping blade products will be implemented starting from February 26th

36Kr learned that Zhangyuan Tungsten Industry issued a notice letter on February 26th regarding the adjustment of the price of welding machine clamping blades. It stated that due to the continuous rise in the price of tungsten raw materials, the company's production cost has increased significantly. For the sustainable development of the company, the company has decided to implement the new price for welding machine clamping blade products starting from February 26th, 2026. As of the date of the price adjustment, all products will be sold at the new price.

Artificial intelligence software company C3.ai announces 26% layoffs

US artificial intelligence software company C3.ai said on Wednesday that as part of a restructuring plan driven by new CEO Stephen Chaikian, the company will cut 26% of its global workforce. Meanwhile, the company also predicted that the revenue for the current fiscal quarter (the fourth fiscal quarter) will fall short of expectations, which caused its stock price to drop by 20% in after - hours trading. (Sina Finance)

AMD and Nutanix Join Forces for a $250 Million AI Collaboration

Advanced Micro Devices and Nutanix are jointly developing an open, full-stack artificial intelligence (AI) infrastructure platform aimed at supporting AI applications. AMD will invest $150 million in Nutanix stock at a purchase price of $36.26 per share. AMD will also provide up to $100 million in funding to Nutanix to support joint engineering initiatives and marketing cooperation, thereby accelerating the adoption of the AMD and Nutanix AI platforms. The equity investment is scheduled to be completed in the second quarter of 2026. The AI platform is designed to enable enterprises and service providers to scale their AI deployments. (Sina Finance)

Gree Electric Appliances: First major shareholder Zhuhai Mingjun plans to reduce its stake by no more than 2% of the company's shares

36Kr learned that Gree Electric Appliances announced that its first major shareholder, Zhuhai Mingjun Investment Partnership (Limited Partnership), plans to reduce its stake in the company by no more than 111.7028 million shares through block trades within three months starting 15 trading days after the announcement date. This reduction accounts for 2% of the company's total share capital after excluding shares in the repurchase special account. The reason for the stake reduction is to repay bank loans. The shares to be reduced were acquired from Gree Group through a negotiated transfer on January 23, 2020.

BMW is negotiating with the EU to seek tariff exemptions for Chinese-made MINI models

According to a report by German business daily Handelsblatt on Tuesday, BMW is in talks with the European Commission over a price floor mechanism that could replace the EU's tariffs on the German carmaker's Chinese-made electric MINI models. Earlier, the EU reached an agreement with Volkswagen Group in early February. After months of negotiations, the all-electric SUV coupe Tavascan of Volkswagen's Seat/CUPRA brand has been granted tariff exemptions. (Sina Finance)

Meizu phones may become history: The business has essentially shut down and will be officially delisted in March

Multiple sources familiar with the matter said that Meizu's mobile phone business has essentially shut down and will be officially delisted in March 2026. In addition, Meizu's FlymeAuto in - vehicle system business will operate independently, and the Meizu brand may continue to be retained within the Geely system. (Jiemian)

Investment and financing:

Tianyuanxing Completes Angel Round Financing of Tens of Millions of Yuan

36Kr exclusively learned that Tianyuanxing, a general industrial embodied intelligence platform, recently completed an angel round financing of tens of millions of yuan. The investors in this round include institutions such as Hongde Investment, Shengshi Hongyuan, and Haiyuan Capital. The raised funds will be mainly used for the research and development of end - to - end embodied intelligence control technology, the expansion of the R & D team, and the large - scale implementation in industrial scenarios.

New Products:

ByteDance's PICO May Release a New VR Headset

Recently, the official Weibo account of PICO-XR released a video, previewing that new products are coming, featuring "efficiency, intuition, and openness". Majes, the product leader of PICO OS, left a Weibo topic and said, "The new is coming", which may imply that the new product is a new VR headset device. (Sina Technology)

Today's Viewpoint:

Driven by AI demand, a comprehensive price increase for passive components is on the horizon

The driving force of AI development acceleration on semiconductors is extending from AI chips to a broader field. Recently, passive components have received a more definite signal of a comprehensive price increase - Murata, a major Japanese passive component manufacturer, has initiated internal discussions on the price increase of MLCC (Multilayer Ceramic Chip Capacitors). Previously, affected by factors such as rising raw material prices and the pull of AI and automotive demand, from the second half of 2025 to February 2026, various passive components including MLCCs, resistors, inductors, tantalum capacitors, and magnetic beads have seen multiple rounds of price increases, with price increases generally ranging from 5% to 30%. "In fact, with the high demand combined with rising raw material prices, the price increase trend of passive components has just begun," said a distributor. Murata's price increase for MLCCs not only shows the strong impetus of AI and the certainty of the prosperity of high - end passive components but also squeezes the low - end MLCC production capacity, thus driving passive components into a stage of comprehensive price increase. (Shanghai Securities News)

Other news worthy of attention:

Henan Releases Subsidy Details for Car Trade - in Program in 2026, with a Maximum Subsidy of 20,000 Yuan

36Kr learned that on February 25th, eight departments including the Department of Commerce of Henan Province issued the "Implementation Details of the Car Trade - in Subsidy Program in Henan Province in 2026". It clearly outlines the subsidy policies covering two methods: car scrapping and replacement, and car trade - in. For those who scrap eligible old cars and purchase eligible new new - energy passenger cars, a subsidy of 12% of the new car's sales price will be provided, with a maximum subsidy amount of 20,000 Yuan.