South China Morning Post (April 20)
A “Hormuz moment” might signal the “decline of US dominance.” Citic Securities analysts are comparing the unfolding situation in Iran to the “Suez moment,” when Great Britain “lost control of the Suez Canal along with its global superpower status.” On Saturday, the analysts wrote “that a similarly consequential ‘Hormuz moment’ could be a watershed for America’s global supremacy.” In fact, Citic posits “the global order may have already undergone subtle but significant changes.”
Tags: Analysts, Citic Securities, Consequential, Control, Decline, Dominance, Hormuz moment, Iran, Suez Canal, Superpower status, Supremacy, U.S., UK, Unfolding, Watershed
New York Times (January 28)
“Stock futures are looking up after Monday’s markets blood bath, as investors take stock of what the Chinese start-up DeepSeek really means for the artificial intelligence business.” Many questions remain, but “the emerging consensus is that DeepSeek… has upended the race for A.I. supremacy. Apple and Meta might end up being better positioned than initially thought, while Nvidia might not be in a disastrous position.”
Tags: AI, Apple, Blood bath, Consensus, DeepSeek, Investors, Markets, Meta, Nvidia, Start-up, Stock futures, Supremacy, Upended
Reuters (October 25)
“Stablecoins, the latest innovation in digital currency, are a hybrid of the private and public models and claim to deliver the best of both their worlds.” Their users have roughly tripled in less than three years. “Stablecoins, it seems, give the people what they want: constant, real-time access to a globally usable, digital dollar.” As adoption grows, “the greenback’s supremacy” looks poised to be further reinforced.
Tags: Adoption, Digital currency, Digital dollar, Globally usable, Greenback, Hybrid, Innovation, Real time, Reinforced, Stablecoins, Supremacy, Tripled, Users
Financial Times (December 10)
“The world’s leading semiconductor companies are racing to make so-called “2 nanometre” processor chips that will power the next generation of smartphones, data centres and artificial intelligence.” While TSMC “remains the analysts’ favourite to maintain its global supremacy in the sector… Samsung Electronics and Intel have identified the industry’s next leap forward as a chance to close the gap.”
Tags: 2 nanometre, AI, Chips, Data centres, Gap, Intel, Leading, Next-generation, Processor, Samsung, Semiconductor, Smartphones, Supremacy, TSMC
The Economist (January 23)
“Today about a trillion chips are made a year, or 128 for every person on the planet.” With uses burgeoning in applications from EVs to AI, “demand will soar further,” especially as IoT connects machines and other things. In contrast, the industry is experiencing profound consolidation. As chip generations become more challenging and costly, “the number of manufacturers at the industry’s cutting-edge has fallen from over 25 in 2000 to three.” The “grueling 60-year struggle for supremacy is nearing its end.”
Tags: AI, Applications, Burgeoning, Challenging, Chips, Consolidation, Costly, Cutting edge, Demand, EVs, Generations, Grueling, IoT, Manufacturers, Struggle, Supremacy
Reuters (April 25)
“Under Xi Jinping, Beijing has elevated its missile forces to a point where many rockets in the Chinese arsenal now rival or outperform those of the United States. This dramatic shift could render American carriers – the backbone of U.S. military supremacy – obsolete in a conflict with China.”
Tags: Arsenal, Beijing, China, Conflict, Military, Missile force, Obsolete, Outperform, Rival, Rockets, Supremacy, U.S., Xi Jinping
Wall Street Journal (February 9)
“To show they are making it big, the Chinese have turned to faking it big.” Great architectural counterfeits are popping up all over China. “The copies are built as monuments to China’s technological prowess, affluence and power. The Chinese have seized on the icons of Western architecture as potent symbols for their own ascension to—and aspiration for—global supremacy.”
Tags: Architecture, China, Counterfeits, Monuments, Supremacy
