Express News | The US stock market's semiconductor sector rose during trading, with nvidia, taiwan semiconductor, qualcomm, and Arm Holdings rising over 2%, and broadcom, AMD, and intel rising over 1%.
Investors in QUALCOMM (NASDAQ:QCOM) Have Seen Splendid Returns of 107% Over the Past Five Years
Japan will allocate nearly 10 billion dollars again to support the semiconductor industry by increasing investments in chip production and AI.
Japan will allocate an additional 1.5 trillion yen (9.9 billion US dollars) to promote its semiconductor and ai business, including funding for the chip foundry Rapidus.
Big news has just emerged in the chip field! Germany is providing "huge" subsidies to the chip industry, while amazon is "challenging" nvidia.
To challenge nvidia's monopoly in the ai chip field, technology giant amazon is accelerating the development of a new ai chip Trainium2, which has four times the performance and three times the memory capacity compared to the previous generation, and has significant advantages in energy efficiency and cost.
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