New York Times (July 28)
“Chipmakers are taking a hit” on a number of fronts. “Investors worry that Big Tech’s extravagant artificial intelligence spending isn’t delivering real profits yet.” Moreover, “powerful open-weight models are making A.I. cheaper to run, raising questions about whether companies need to keep buying such expensive tech, including chips.” The chipmakers still have “huge long-term investment build-out commitments from major tech players,” which raises a major question. “Is this just a healthy reset for a hot market, or the start of a bigger slowdown?”
Tags: AI, Big tech, Build-out commitments, Cheaper, Chipmakers, Expensive, Extravagant, Hit, Investment, Investors, Market, Open-weight models, Profits, Reset, Spending, Worry
Bloomberg (February 19)
China’s Communist Party appears poised to “play a bigger role in steering its vast technology industry, the latest sign that Beijing intends to exert more influence over swathes of the world’s No. 2 economy.” In response, shares in the nation’s listed chipmakers “slid more than 2% as investors pondered the ramifications of greater state control, which has yielded mixed results so far.”
Tags: Beijing, China, Chipmakers, Communist party, Influence, Investors, Mixed results, No. 2 economy, Ramifications, Shares, State control, Steering. Technology industry
Reuters (May 27)
Covid-related restrictions “have battered the world’s second-biggest economy even as most countries have been seeking to return to something like normal.” Although “China’s economy is now staggering back to its feet,” the recovery remains “grinding and partial… with businesses from retailers to chipmakers warning of slow sales as consumers in the country slam the brakes on spending.”
Tags: Battered, Businesses, China, Chipmakers, Consumers, Covid, Economy, Grinding, Normal, Partial, Recovery, Restrictions, Retailers, Sales, Staggering, Warning
