NVIDIA supplier SK Hynix to boost spending on AI chips
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The Trump administration released a new artificial intelligence blueprint on Wednesday that aims to deregulate the industry and makes it easier and less risky for U.S. companies to export their technologies to foreign countries.
Mich., said Beijing-focused export controls should be designed to keep China’s military “from leapfrogging ahead with U.S. hardware.”
Three stocks that I like in this space are Nvidia ( NVDA -0.42%), Taiwan Semiconductor Manufacturing ( TSM -2.12%), and Digital Realty Trust ( DLR 0.63%). I believe this trio is a no-brainer buy right now, and investors should consider these stocks first if they want to invest in the AI sector.
“Despite Beijing pouring significant subsidies into its domestic semiconductor industry, China cannot produce chips capable of training leading AI models, leaving Chinese firms reliant on American suppliers,” wrote Jack Burnham and Miles Kershner of the Foundation for Defense of Democracies after the H20 announcement.
Nvidia said it was filing applications with the US government to allow the company to resume sales of its H20 GPU in China.
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A group of House Republicans pressed Commerce Secretary Howard Lutnick to quickly nail down the administration’s policy on artificial intelligence (AI) chip exports Thursday after rescinding the
Advanced Micro Devices Inc. Chief Executive Officer Lisa Su said that the chips her company gets from supplier Taiwan Semiconductor Manufacturing Co. cost more when they’re produced in TSMC’s Arizona facilities.
Chip-company valuations are rising, but trade tensions are already causing trouble.
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Yonhap News Agency on MSN(LEAD) SK hynix Q2 operating profit tops 9 tln won for 1st time on AI chip boom
South Korean chipmaking giant SK hynix Inc. said Thursday its second-quarter operating profit surpassed 9 trillion won (US$6.53 billion) for the first time, driven by booming demand for artificial intelligence (AI) chips,