Jernej Furman
South Korean chipmaker SK Hynix and Japanese company Advantest, which makes semiconductor testing equipment, both reported better-than-expected financial results for the last quarter. These reports are part of a growing trend showing increased confidence in AI-related growth.
Additionally, Donald Trump plans to bring up the topic of Blackwell, a new type of AI chip developed by Nvidia, during his meeting with Chinese President Xi Jinping in South Korea on October 30. Vey-Sern Ling, Managing Director of Union Bancaire Privee, suggested this could lead to the U.S. allowing Nvidia to sell more powerful chips to China.
The growing strength in the positions of chip designers, memory suppliers, and testing equipment makers suggests that trading in AI-related stocks is shifting from a short-term speculative boom to a longer-term profit cycle for the sector, Bloomberg adds.
For global investors, this means the AI-driven stock rally may slow down, but it will still support overall global stock markets, the agency writes.
source: bloomberg.com
Additionally, Donald Trump plans to bring up the topic of Blackwell, a new type of AI chip developed by Nvidia, during his meeting with Chinese President Xi Jinping in South Korea on October 30. Vey-Sern Ling, Managing Director of Union Bancaire Privee, suggested this could lead to the U.S. allowing Nvidia to sell more powerful chips to China.
The growing strength in the positions of chip designers, memory suppliers, and testing equipment makers suggests that trading in AI-related stocks is shifting from a short-term speculative boom to a longer-term profit cycle for the sector, Bloomberg adds.
For global investors, this means the AI-driven stock rally may slow down, but it will still support overall global stock markets, the agency writes.
source: bloomberg.com