Caporegime
- Joined
- 9 Nov 2009
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Quite a few market experts are predicting the AI bubble will burst. MS ploughed 10 billion in to AI and got little return of investment. Google and many others are starting to see AI as overhyped as well.
No doubt Nvidia will make a decent return,and the current AI boom in hardware sales is very China focused. The last two US governments have put increasingly tough tech restrictions on China,so Chinese companies are going on a massive spending spree to stock up on hardware before it is permanantly banned. Now secondary countries are getting tech restrictions because of this:
US curbs AI chip exports from Nvidia and AMD to some Middle East countries
The U.S. expanded the restriction of exports of sophisticated Nvidia and Advanced Micro Devices artificial-intelligence chips beyond China to other regions including some countries in the Middle East.
www.reuters.com
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