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Chip Makers

All articles tagged with #chip makers

business2 years ago

The Battle for Tech Supremacy: China's Huawei vs. US Sanctions

Chip makers Nvidia, Intel, and Qualcomm are pushing back against the Biden administration's efforts to restrict the sale of semiconductors to China, warning that such restrictions would harm their businesses and potentially accelerate China's development of an independent chip industry. The companies have challenged the administration's national security rationale in meetings with officials, urged leaders in Washington to reconsider additional chip controls, and wooed think tanks. Their campaign has contributed to the delay of new restrictions and narrowed the list of changes the administration may make. However, their push has rankled some national security experts and lawmakers who favor confronting Beijing and find it distasteful that the companies are questioning the White House after receiving significant funding through the CHIPS and Science Act.

finance2 years ago

Efficient chip makers may offer better investment opportunities in AI stocks.

Investors betting on the long-term trend of AI deployment have focused on data-center infrastructure and chip makers. Nvidia has returned 189% this year, but is now an expensive stock. A screen of 60 makers of computer chips and related hardware shows which companies have made the most efficient use of invested capital over the past five years. The Global X Robotics & Artificial Intelligence ETF, iShares Robotics and Artificial Intelligence Multisector ETF, and First Trust Nasdaq Artificial Intelligence & Robotics ETF are three ETFs that take various approaches to investing in AI.

business2 years ago

"New US Tax Credits and Guidance Drive Investment in Energy and Climate Initiatives"

The US Treasury Department and the Internal Revenue Service have released new guidance on how companies can qualify for an "advanced manufacturing investment credit," a key piece of President Biden’s CHIPS and Science Act that was designed to bring semiconductor manufacturing back to the United States. The tax credit would provide a refund of 25% "of an eligible taxpayer's qualified investment in an advanced manufacturing facility." The Congressional Budget Office has estimated that the tax credit alone will pump over $24 billion into the semiconductor industry over the coming decade, amounting to nearly a third of the cost of the entire bill.