Intel, AMD Slide After Beijing Tells Telecoms To Phase Out Foreign Chips | ZeroHedge

The newest phase of the technology war between the US and China involves Beijing's plan to eliminate American-made semiconductor chips from Chinese telecommunications systems by 2027. This strategy is expected to impact US chip manufacturers such as Intel and Advanced Micro Devices, according to The Wall Street Journal, citing people familiar with the matter. 

China's Ministry of Industry and Information Technology, the regulator responsible for overseeing wireless, broadcasting (more…)

Continue ReadingIntel, AMD Slide After Beijing Tells Telecoms To Phase Out Foreign Chips | ZeroHedge

Marketing Ploy? FT Pumps OpenAI & Meta’s Planned Launch Of Upgraded LLMs As Nvidia Bubble Stalls  | ZeroHedge

Two weeks ago, Nvidia Corporation's stock peaked and has since traded 9% lower from those highs, with shares around $867 on Wednesday afternoon. In what appears to be an artificial intelligence marketing piece, the Financial Times could be trying to stoke new hype in the AI bubble. 

FT reports that OpenAI and Meta are "on the brink" of releasing upgraded versions of their large language models "capable of reasoning and planning, critical steps towards achieving (more…)

Continue ReadingMarketing Ploy? FT Pumps OpenAI & Meta’s Planned Launch Of Upgraded LLMs As Nvidia Bubble Stalls  | ZeroHedge

“Friendshoring” Ramps Up As Apple’s Made-In-India Iphones Tops $14 Billion | ZeroHedge

Global supply chains have fractured since former President Trump started the trade war with China. One of the largest beneficiaries is India, which has become the prime spot for "friend-shoring" US manufacturing supply chains out of the world's second-largest economy as relations with the West deteriorate. 

Bloomberg reports that Apple makes 14%, or about 1 in 7 iPhones in India. The rapid increase in iPhone production in India suggests that Apple is accelerating efforts to (more…)

Continue Reading“Friendshoring” Ramps Up As Apple’s Made-In-India Iphones Tops $14 Billion | ZeroHedge