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Chips are the key economic and military enablers of the industrial world. South Korean President Yoon Suk Yeol recently described chip technology leadership as paramount to a country’s economic survival (Wall Street Journal, June 5, 2024). The impact on military matters is overwhelming. As David Goldman and I wrote in the the Wall Street Journal on December 23, 2018: “Silicon, not Steel, will win the Next War.”
TOKYO -- The Japanese auto industry is facing higher costs and potentially less design freedom as artificial intelligence chips become more expensive and reliance on overseas companies like Nvidia grows, said the semiconductor development chief of Turing, a Tokyo-based self-driving startup.
Hi everyone, this is Lauly from Taipei.
Nvidia CEO Jensen Huang said on Wednesday that the company's advantage in artificial intelligence chips was due to a bet it made more than 10 years ago, centering on billions of dollars in AI investment and a team of thousands of engineers.
Amazon shares closed up 3.9% to $193.61 on Wednesday, pushing the company's market cap past $2 trillion for the first time.
Micron shares fell about 3% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on a revenue forecast that was in line with estimates.
Qatari telecoms provider Ooredoo told CNBC Wednesday that its new tie-up with Nvidia is compliant with all U.S. regulations and will still allow it to have access to the latest technology.
LONDON — European stocks fell on Wednesday, extending negative sentiment seen in the previous trading session.