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...One is whether the AI chip boom will turn out to be as large and durable as the tech and financial worlds have come to believe....
...Among its existing investments in the space are UK legal technology company Robin AI, South Korean fabless AI chip start-up Rebellions and Silicon Valley-based generative AI chip designer d-Matrix....
...Washington has imposed sanctions on a growing number of Chinese companies on national security grounds, legislated to encourage more tech to be produced in the US and blocked exports of advanced chips and...
...Nvidia’s announcement of its powerful new artificial intelligence chip and the companies that would be using it first gave a boost to the shares of several tech groups in extended trading, though its own...
...No wonder the body language between Nvidia’s Huang and other tech chiefs has become a market-moving event. A similar dynamic has been apparent in the chip world....
...The automotive chip market was worth about $19bn in 2022, according to Arm, or about 10 per cent of its $200bn total addressable market....
...China is taking steps to level the playing field for its artificial intelligence start-ups, as the country’s tech giants hog AI-training computing resources already squeezed by US chip restrictions....
...The tech-heavy Nasdaq Composite closed 0.4 per cent higher....
...the Taiwanese and US tech giants are also building their own manufacturing sites....
...The blue-chip S&P 500 fell 0.6 per cent, while the tech-heavy Nasdaq Composite fell 0.9 per cent, both driven by a sell-off in tech stocks....
...Well-funded AI hardware start-ups are struggling to make headway, says tech research company Omdia. It points out that M&A activity in the sector is relatively low....
...The blue-chip index ended the day up 0.6 per cent, while the tech-heavy Nasdaq Composite rose 0.3 per cent even as five of the Magnificent Seven tech stocks fell. Meta and Tesla advanced....
...Samsung has lagged peers in two of the hottest areas in the industry: chip contract manufacturing and AI chip-related technology....
...The S&P 500 notched a record high close on Wednesday as tech stocks led a broad rally in the benchmark index....
...The S&P 500 closed at a record high on Wednesday as tech stocks led a broad rally in the benchmark US index....
...Not for nothing have Microsoft, Amazon, Meta, Apple and Alphabet — along with chip company Nvidia and electric-car maker Tesla — been dubbed the “Magnificent Seven” for their outsized contribution to stock...
...The boost from its earnings helped push the S&P 500 index and the tech-heavy Nasdaq Composite to new highs. The ripples spread far beyond the US....
...Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, on Thursday forecast a recovery in chip demand in 2024....
...Of course, even with more than 10,000 people cheering, it’s not easy to turn a tech conference into a rousing cultural event. Harder still when you are a chip design company....
...Beijing has made it a priority to boost the domestic chip industry, but companies are finding it increasingly difficult to source chips and materials due to US export controls targeting the sector....
...The blue-chip Stoxx Europe 50 index on Wednesday rose 1.56 per cent to its highest level since early 2001....
...Its tech is used in nearly every smartphone, but this is a saturated and slowing market....
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