#Global Artificial Intelligence Chip Market
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The Global Artificial Intelligence Chip Market size was valued at USD 15.23 billion in 2022 & is estimated to grow at a CAGR of around 37.89% during the forecast period, i.e., 2023-28. The demand for AI chips has witnessed significant growth, driven by increasing demand for AI-enabled devices across industries, advancements in machine learning, data-intensive applications, and the rise of edge computing. In addition to this, the shift towards Industry 4.0 is leading to the adoption of AI and proliferation of IoT in verticals such as healthcare, finance, automotive, manufacturing, telecommunications, aerospace, etc., which is playing a major role in enhancing the market growth.
#Global Artificial Intelligence Chip Market#Global Artificial Intelligence Chip Market News#Global Artificial Intelligence Chip Market Growth#Global Artificial Intelligence Chip Market Size#Global Artificial Intelligence Chip Market Share
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There’s little doubt that the American government has decided to slow China’s economic rise, most notably in the fields of technological development. To be sure, the Biden administration denies that these are its goals. Janet Yellen said on April 20, “China’s economic growth need not be incompatible with U.S. economic leadership. The United States remains the most dynamic and prosperous economy in the world. We have no reason to fear healthy economic competition with any country.” And Jake Sullivan said on April 27, “Our export controls will remain narrowly focused on technology that could tilt the military balance. We are simply ensuring that U.S. and allied technology is not used against us.”
Yet, in its deeds, the Biden administration has shown that its vision extends beyond those modest goals. It has not reversed the trade tariffs Donald Trump imposed in 2018 on China, even though presidential candidate Joe Biden criticized them in July 2019, saying: “President Trump may think he’s being tough on China. All that he’s delivered as a consequence of that is American farmers, manufacturers and consumers losing and paying more.” Instead, the Biden administration has tried to increase the pressure on China by banning the export of chips, semiconductor equipment, and selected software.
It has also persuaded its allies, like the Netherlands and Japan, to follow suit. More recently, on Aug. 9, the Biden administration issued an executive order prohibiting American investments in China involving “sensitive technologies and products in the semiconductors and microelectronics, quantum information technologies, and artificial intelligence sectors” which “pose a particularly acute national security threat because of their potential to significantly advance the military, intelligence, surveillance, or cyber-enabled capabilities” of China.
All these actions confirm that the American government is trying to stop China’s growth. Yet, the big question is whether America can succeed in this campaign—and the answer is probably not. Fortunately, it is not too late for the United States to reorient its China policy toward an approach that would better serve Americans—and the rest of the world.[...]
Since the creation of the People’s Republic of China in 1949, several efforts have been made to limit China’s access to or stop its development in various critical technologies, including nuclear weapons, space, satellite communication, GPS, semiconductors, supercomputers, and artificial intelligence. The United States has also tried to curb China’s market dominance in 5G, commercial drones, and electric vehicles (EVs). Throughout history, unilateral or extraterritorial enforcement efforts to curtail China’s technological rise have failed and, in the current context, are creating irreparable damage to long-standing U.S. geopolitical partnerships. In 1993 the Clinton administration tried to restrict China’s access to satellite technology. Today, China has some 540 satellites in space and is launching a competitor to Starlink.
When America restricted China’s access to its geospatial data system in 1999, China simply built its own parallel BeiDou Global Navigation Satellite System (GNSS) system in one of the first waves of major technological decoupling. In some measures, BeiDou is today better than GPS. It is the largest GNSS in the world, with 45 satellites to GPS’s 31, and is thus able to provide more signals in most global capitals. It is supported by 120 ground stations, resulting in greater accuracy, and has more advanced signal features, such as two-way messaging[...]
American measures to deprive China access to the most advanced chips could even damage America’s large chip-making companies more than it hurts China. China is the largest consumer of semiconductors in the world. Over the past ten years, China has been importing massive amounts of chips from American companies. According to the US Chamber of Commerce, China-based firms imported $70.5 billion worth of semiconductors from American firms in 2019, representing approximately 37 percent of these companies’ global sales. Some American companies, like Qorvo, Texas Instruments, and Broadcom, derive about half of their revenues from China. 60 percent of Qualcomm’s revenues, a quarter of Intel’s revenues, and a fifth of Nvidia’s sales are from the Chinese market. It’s no wonder that the CEOs of these three companies recently went to Washington to warn that U.S. industry leadership could be harmed by the export controls. American firms will also be hurt by retaliatory actions from China, such as China’s May ban on chips from US-based Micron Technology. China accounts for over 25 percent of Micron’s sales.[...]
The U.S. Semiconductor Industry Association released a statement on July 17, saying that Washington’s repeated steps “to impose overly broad, ambiguous, and at times unilateral restrictions risk diminishing the U.S. semiconductor industry’s competitiveness, disrupting supply chains, causing significant market uncertainty, and prompting continued escalatory retaliation by China,” and called on the Biden administration not to implement further restrictions without more extensive engagement with semiconductor industry representatives and experts.
The Chips Act cannot subsidize the American semiconductor industry indefinitely, and there is no other global demand base to replace China. Other chip producing nations will inevitably break ranks and sell to China (as they have historically) and the American actions will be for naught. And, in banning the export of chips and other core inputs to China, America handed China its war plan years ahead of the battle. China is being goaded into building self-sufficiency far earlier than they would have otherwise. Prior to the ZTE and Huawei components bans, China was content to continue purchasing American chips and focusing on the front-end hardware. Peter Wennink, the CEO of ASML, stated that China is already leading in key applications and demand for semiconductors. Wennink wrote, “The roll-out of the telecommunication infrastructure, battery technology, that’s the sweet spot of mid-critical and mature semiconductors, and that’s where China without any exception is leading.”[...]
Former State Department official Susan Thornton, who oversaw the study as director of the Forum on Asia-Pacific Security at NCAFP, said: “This audit of U.S.-China diplomacy shows that we can make progress through negotiations and that China follows through on its commitments. The notion that engagement with China did not benefit the U.S. is just not accurate.”[...]
One fundamental problem is that domestic politics in America are forcing American policymakers to take strident stands against China instead of pragmatic positions. For instance, sanctions preventing the Chinese Defense Minister, Li Shangfu, from traveling to the United States are standing in the way of U.S.-China defense dialogues to prevent military accidents.
19 Sep 23
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Semiconductors: The Driving Force Behind Technological Advancements
The semiconductor industry is a crucial part of our modern society, powering everything from smartphones to supercomputers. The industry is a complex web of global interests, with multiple players vying for dominance.
Taiwan has long been the dominant player in the semiconductor industry, with Taiwan Semiconductor Manufacturing Company (TSMC) accounting for 54% of the market in 2020. TSMC's dominance is due in part to the company's expertise in semiconductor manufacturing, as well as its strategic location in Taiwan. Taiwan's proximity to China and its well-developed infrastructure make it an ideal location for semiconductor manufacturing.
However, Taiwan's dominance also brings challenges. The company faces strong competition from other semiconductor manufacturers, including those from China and South Korea. In addition, Taiwan's semiconductor industry is heavily dependent on imports, which can make it vulnerable to supply chain disruptions.
China is rapidly expanding its presence in the semiconductor industry, with the government investing heavily in research and development (R&D) and manufacturing. China's semiconductor industry is led by companies such as SMIC and Tsinghua Unigroup, which are rapidly expanding their capacity. However, China's industry still lags behind Taiwan's in terms of expertise and capacity.
South Korea is another major player in the semiconductor industry, with companies like Samsung and SK Hynix owning a significant market share. South Korea's semiconductor industry is known for its expertise in memory chips such as DRAM and NAND flash. However, the industry is heavily dependent on imports, which can make it vulnerable to supply chain disruptions.
The semiconductor industry is experiencing significant trends, including the growth of the Internet of Things (IoT), the rise of artificial intelligence (AI), and the increasing demand for 5G technology. These trends are driving semiconductor demand, which is expected to continue to grow in the coming years.
However, the industry also faces major challenges, including a shortage of skilled workers, the increasing complexity of semiconductor manufacturing and the need for more sustainable and environmentally friendly manufacturing processes.
To overcome the challenges facing the industry, it is essential to invest in research and development, increase the availability of skilled workers and develop more sustainable and environmentally friendly manufacturing processes. By working together, governments, companies and individuals can ensure that the semiconductor industry remains competitive and sustainable, and continues to drive innovation and economic growth in the years to come.
Chip War, the Race for Semiconductor Supremacy (2023) (TaiwanPlus Docs, October 2024)
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Dr. Keyu Jin, a tenured professor of economics at the London School of Economics and Political Science, argues that many in the West misunderstand China’s economic and political models. She maintains that China became the most successful economic story of our time by shifting from primarily state-owned enterprises to an economy more focused on entrepreneurship and participation in the global economy.
Dr. Keyu Jin: Understanding a Global Superpower - Another Look at the Chinese Economy (Wheeler Institute for Economy, October 2024)
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Dr. Keyu Jin: China's Economic Prospects and Global Impact (Global Institute For Tomorrow, July 2024)
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The following conversation highlights the complexity and nuance of Xi Jinping's ideology and its relationship to traditional Chinese thought, and emphasizes the importance of understanding the internal dynamics of the Chinese Communist Party and the ongoing debates within the Chinese system.
Dr. Kevin Rudd: On Xi Jinping - How Xi's Marxist Nationalism Is Shaping China and the World (Asia Society, October 2024)
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Tuesday, October 29, 2024
#semiconductor industry#globalization#technology#innovation#research#development#sustainability#economic growth#documentary#ai assisted writing#machine art#Youtube#presentation#discussion#china#taiwán#south korea
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Some 50 miles southwest of Taipei, Taiwan’s capital, and strategically located close to a cluster of the island’s top universities, the 3,500-acre Hsinchu Science Park is globally celebrated as the incubator of Taiwan’s most successful technology companies. It opened in 1980, the government having acquired the land and cleared the rice fields,with the aim of creating a technology hub that would combine advanced research and industrial production.
Today Taiwan’s science parks house more than 1,100 companies, employ 321,000 people, and generate $127 billion in annual revenue. Along the way, Hsinchu Science Park’s Industrial Technology Research Institute has given birth to startups that have grown into world leaders. One of them, the Taiwan Semiconductor Manufacturing Company (TSMC), produces at least 90 percent of the world’s most advanced computer chips. Collectively, Taiwan’s companies hold a 68 percent market share of all global chip production.
It is a spectacular success. But it has also created a problem that could threaten the future prosperity of both the sector and the island. As the age of energy-hungry artificial intelligence dawns, Taiwan is facing a multifaceted energy crisis: It depends heavily on imported fossil fuels, it has ambitious clean energy targets that it is failing to meet, and it can barely keep up with current demand. Addressing this problem, government critics say, is growing increasingly urgent.
Taiwan’s more than 23 million people consume nearly as much energy per capita as US consumers, but the lion’s share of that consumption—56 percent—goes to Taiwan’s industrial sector for companies like TSMC. In fact, TSMC alone uses around 9 percent of Taiwan’s electricity. One estimate by Greenpeace has suggested that by 2030 Taiwan’s semiconductor manufacturing industry will consume twice as much electricity as did the whole of New Zealand in 2021. The bulk of that enormous energy demand, about 82 percent, the report suggests, will come from TSMC.
Taiwan’s government is banking on the continuing success of its technology sector and wants the island to be a leader in AI. But just one small data center, the Vantage 16-megawatt data center in Taipei, is expected to require as much energy as some 13,000 households. Nicholas Chen, a lawyer who analyzes Taiwan’s climate and energy policies, warns that the collision of Taiwan’s commitments to the clean energy transition and its position in global supply chains as a key partner of multinational companies that have made commitments to net-zero deadlines—along with the explosive growth in demand—has all the makings of a crisis.
“In order to plan and operate AI data centers, an adequate supply of stable, zero-carbon energy is a precondition,” he said. “AI data centers cannot exist without sufficient green energy. Taiwan is the only government talking about AI data center rollout without regard to the lack of green energy.”
It is not just a case of building more capacity. Taiwan’s energy dilemma is a combination of national security, climate, and political challenges. The island depends on imported fossil fuel for around 90 percent of its energy and lives under the growing threat of blockade, quarantine, or invasion from China. In addition, for political reasons, the government has pledged to close its nuclear sector by 2025.
Taiwan regularly attends UN climate meetings, though never as a participant. Excluded at China’s insistence from membership in the United Nations, Taiwan asserts its presence on the margins, convening side events and adopting the Paris Agreement targets of peak emissions before 2030 and achieving net zero by 2050. Its major companies, TSMC included, have signed up to RE100, a corporate renewable-energy initiative, and pledged to achieve net-zero production. But right now, there is a wide gap between aspiration and performance.
Angelica Oung, a journalist and founder of the Clean Energy Transition Alliance, a nonprofit that advocates for a rapid energy transition, has studied Taiwan’s energy sector for years. When we met in a restaurant in Taipei, she cheerfully ordered an implausibly large number of dishes that crowded onto the small table as we talked. Oung described two major blackouts—one in 2021 that affected TSMC and 6.2 million households for five hours, and one in 2022 that affected 5.5 million households. It is a sign, she says, of an energy system running perilously close to the edge.
Nicholas Chen argues that government is failing to keep up even with existing demand. “In the past eight years there have been four major power outages,” he said, and “brownouts are commonplace.”
The operating margin on the grid—the buffer between supply and demand—ought to be 25 percent in a secure system. In Taiwan, Oung explained, there have been several occasions this year when the margin was down to 5 percent. “It shows that the system is fragile,” she said.
Taiwan’s current energy mix illustrates the scale of the challenge: Last year, Taiwan’s power sector was 83 percent dependent on fossil fuel: Coal accounted for around 42 percent of generation, natural gas 40 percent, and oil 1 percent. Nuclear supplied 6 percent, and solar, wind, hydro, and biomass together nearly 10 percent, according to the Ministry of Economic Affairs.
Taiwan’s fossil fuels are imported by sea, which leaves the island at the mercy both of international price fluctuations and potential blockade by China. The government has sought to shield consumers from rising global prices, but that has resulted in growing debt for the Taiwan Electric Power Company (Taipower), the national provider. In the event of a naval blockade by China, Taiwan could count on about six weeks reserves of coal but not much more than a week of liquefied natural gas (LNG). Given that LNG supplies more than a third of electricity generation, the impact would be severe.
The government has announced ambitious energy targets. The 2050 net-zero road map released by Taiwan’s National Development Council in 2022 promised to shut down its nuclear sector by 2025. By the same year, the share of coal would have to come down to 30 percent, gas would have to rise to 50 percent, and renewables would have to leap to 20 percent. None of those targets is on track.
Progress on renewables has been slow for a number of reasons, according to Oung. “The problem with solar in Taiwan is that we don’t have a big area. We have the same population as Australia and use the same amount of electricity, but we are only half the size of Tasmania, and 79 percent of Taiwan is mountainous, so land acquisition is difficult.” Rooftop solar is expensive, and roof space is sometimes needed for other things, such as helicopter pads, public utilities, or water tanks.
According to Peter Kurz, a consultant to the technology sector and a long-term resident of Taiwan, there is one renewable resource that the nation has in abundance. “The Taiwan Strait has a huge wind resource,” he said. “It is the most wind power anywhere in the world available close to a population.”
Offshore wind is under development, but the government is criticized for imposing burdensome requirements to use Taiwanese products and workers that the country is not well equipped to meet. They reflect the government’s ambition to build a native industry at the same time as addressing its energy problem. But critics point out that Taiwan lacks the specialist industrial skills that producing turbines demands, and the requirements lead to higher costs and delays.
Despite the attraction of Taiwan’s west coast with its relatively shallow waters, there are other constraints, such as limited harbor space. There is also another concern that is unique to Taiwan’s geography: The west side of the island faces China, and there are continuing incursions into Taiwan’s territorial waters from China’s coast guard and navy vessels. Offshore wind turbines are within easy rocket and missile range from China, and undersea energy cables are highly vulnerable.
Government critics regard one current policy as needless self-harm: the pledge to shut down Taiwan’s remaining nuclear reactor by next year and achieve a “nuclear free homeland.” It is a pledge made by the current ruling party, the Democratic People’s Party (DPP), and as the deadline approaches, it is a policy increasingly being questioned. Taiwan’s civil nuclear program was started under the military dictatorship of Chiang Kai-shek’s KMT party with half an eye on developing a nuclear weapons program. Taiwan built its first experimental facility in the 1950s and opened its first power plant in 1978. The DPP came into existence in 1986, the year of the Chernobyl disaster, and its decision to adopt a no-nuclear policy was reinforced by the Fukushima disaster in neighboring Japan in 2011.
“I think the DPP see nuclear energy as a symbol of authoritarianism,” said Oung, “so they oppose it.”
Of Taiwan’s six nuclear reactors, three are now shut down, two have not been brought online, and the one functioning unit is due to close next year. The shuttered reactors have not yet been decommissioned, possibly because, in addition to its other difficulties, Taiwan has run out of waste storage capacity: The fuel rods remain in place because there is nowhere else to put them. As some observers see it, politics have got in the way of common sense: In 2018, a majority opposed the nuclear shutdown in a referendum, but the government continues to insist that its policy will not change. Voters added to the confusion in 2021 when they opposed the completion of the two uncommissioned plants.
On the 13th floor of the Ministry of Economic Affairs in Taipei, the deputy director general of Taiwan’s energy administration, Stephen Wu, chose his words carefully. “There is a debate going on in our parliament,” he said, “because the public has demanded a reduction of nuclear power and also a reduction in carbon emissions. So there is some discussion about whether the [shuttered] nuclear plants will somehow function again when conditions are ready.”
Wu acknowledged that Taiwan was nudging against the limits of its current supply and that new entrants to Taiwan’s science and technology parks have to be carefully screened for their energy needs. But he took an optimistic view of Taiwan’s capacity to sustain AI development. “We assess energy consumption of companies to ensure the development of these companies complies with environmental protection,” he said. “In Singapore, data centers are highly efficient. We will learn from Singapore.”
Critics of the government’s energy policy are not reassured. Chen has an alarming message: If Taiwan does not radically accelerate its clean energy development, he warns, companies will be obliged to leave the island. They will seek zero-carbon operating environments to comply with the net-zero requirements of partners such as Amazon, Meta, and Google, and to avoid carbon-based trade barriers such as the European Union’s Carbon Border Adjustment Mechanism.
“Wind and solar are not scalable sources of zero-carbon energy,” he said. “Nuclear energy is the only scalable, zero-carbon source of energy. But the current laws state that foreign investment in nuclear energy must be capped at 50 percent, with the remaining 50 percent owned by Taipower. Given that Taipower is broke, how could a private investor want to partner with them and invest in Taiwan?”
Chen argues that Taiwan should encourage private nuclear development and avoid the burdensome regulation that, he says, is hampering wind development.
For Kurz, Taiwan’s energy security dilemma requires an imaginative leap. “Cables [carrying offshore wind energy] are vulnerable but replaceable,” he says. “Centralized nuclear is vulnerable to other risks, such as earthquakes.” One solution, he believes, lies in small modular nuclear reactors that could even be moored offshore and linked with undersea cables. It is a solution that he believes the Taiwan’s ruling party might come around to.
There is a further security question to add to Taiwan’s complex challenges. The island’s circumstances are unique: It is a functioning democracy, a technological powerhouse, and a de facto independent country that China regards as a breakaway province to be recovered—if necessary, by force. The fact that its technology industry is essential for global production of everything from electric vehicles to ballistic missiles has counted as a security plus for Taiwan in its increasingly tense standoff with China. It is not in the interest of China or the United States to see semiconductor manufacturers damaged or destroyed. Such companies, in security jargon, are collectively labelled Taiwan’s “silicon shield,” a shield the government is keen to maintain. That the sector depends inescapably on Taiwan’s energy security renders the search for a solution all the more urgent.
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Foreign Policy Priorities: Kamala Devi Harris’s Positions
— By Council on Foreign Relations
AI and Technology
Harris has played a leading role in developing U.S. policy toward artificial intelligence (AI). The Biden-Harris administration has framed supporting the U.S. technology sector as a matter of national security, even as it has sought to confront large tech companies for alleged unfair market practices.
Harris led the formulation of an executive order requiring companies to share with the government risks they are facing and outlining a framework for the safe use of AI that federal agencies can follow.
She reportedly suggested that leading AI firms agree to voluntary safety commitments, including a pledge to submit their most powerful models for government review; fifteen of them did so in 2023. She also led efforts to develop rules surrounding military use of AI that have been agreed to by more than fifty countries.
The Biden-Harris administration passed the CHIPS and Science Act in August 2022, directing more than $280 billion in funding toward domestic production of advanced technologies and the hardware that underpins their development, such as semiconductors.
The same year, the administration published an “AI Bill of Rights” identifying five principles for the responsible deployment of the technology. Harris says U.S. policy toward AI should both stimulate innovation and protect against “profound harm.”
Harris represented the United States at the first international AI governance summit in London in 2023. The summit produced a joint declaration that seeks to ensure the technology is “human-centric, trustworthy, and responsible.” China has also signed the statement.
The Biden-Harris administration unveiled a new National Cybersecurity Strategy in 2023 that urges U.S. companies to take responsibility for ensuring that their systems cannot be hacked and suggests that they could be held legally liable for not protecting “digital infrastructure.” The strategy also called for expanding U.S. military authorization to preempt foreign cyberattacks.
The administration has asked Congress to create legislation strengthening antitrust enforcement that can be used against large technology firms. The Department of Justice has pursued antitrust cases against Apple, Amazon, Google, and other big tech firms.
The administration has cracked down on cryptocurrencies due to concerns over their utility in evading sanctions, laundering money, and financing terrorism. It has directed the Federal Reserve to explore developing a central bank digital currency (CBDC). Harris is reportedly seeking a “reset” with the crypto sector.
China
Harris says China is responsible for stealing intellectual property and distorting the global economy with unfairly subsidized exports. The Biden-Harris administration has argued that China’s growing influence and aggression in some areas are the leading national security threat to the United States.
Harris says she will ensure that “America, not China, wins the competition for the twenty-first century.” The Biden-Harris administration has placed stringent restrictions on exports of high-tech products to China that it deems critical to national security. It has pressed U.S. partners in the European Union and elsewhere to impose similar measures on Chinese tech.
She argues that the United States should “de-risk,” not decouple, from China, arguing that Washington lost the trade war that began under Trump. The administration has retained $360 billion worth of tariffs on China imposed by Trump and introduced a raft of its own.
These restrictions followed major legislation that subsidized domestic manufacturing of computer chips, electric vehicle parts, and other new technologies. Firms that produce such goods in China are not eligible for U.S. subsidies.
Harris says the Chinese-owned social media app TikTok poses national security concerns. In April 2024, Biden signed a bill that will ban TikTok from the United States if it is not sold by 2025; Harris has said a ban is not the administration’s intention.
In 2022, she said the United States would “continue to support Taiwan’s self-defense” in line with long-standing U.S. policy of “strategic ambiguity” toward the island that China claims as its own.
Her campaign says she helped lead administration efforts to ensure freedom of navigation through the South China Sea and sought closer ties with American allies in the Indo-Pacific, including Australia, Japan, the Philippines, and South Korea. In April 2024, Harris hosted the first-ever trilateral summit between the United States, Japan, and the Philippines.
Harris met with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation summit in 2022, urging him to “maintain open lines of communication to responsibly manage the competition between our countries.” Under the Biden-Harris administration, the United States and China agreed to pursue policies aimed at tripling global renewable energy capacity.
The Biden-Harris administration unveiled two programs aimed at building infrastructure in lower-income countries to counter China’s Belt and Road Initiative.
As a senator, Harris cosponsored legislation calling on several U.S. agencies to investigate China’s crackdown on the Uyghur ethnic group and the autonomy of Hong Kong.
Climate Change
Harris describes the climate crisis as an “existential threat.” She has supported many of Biden’s climate policies, including his decision to rejoin the Paris Agreement, and cast the tiebreaking vote in the Senate to pass the largest clean energy and climate investment bill in U.S. history.
Harris backed Biden’s decision to return the United States to the 2015 Paris Agreement, under which nearly two hundred countries agreed to reduce their greenhouse gas emissions to limit global temperature rise.
She cast the tiebreaking vote on the 2022 Inflation Reduction Act (IRA), the largest investment in climate-related policies in U.S. history. The bill budgets roughly $370 billion for emissions-reduction efforts, including tax credits and subsidies for clean energy projects. The IRA builds on the 2021 Infrastructure Investment and Jobs Act (IIJA), a $1.2 trillion law to upgrade U.S. infrastructure and spur the adoption of electric vehicles, among other measures.
As part of the IIJA, the Biden-Harris administration created the Civil Nuclear Credit Program to invest $6 billion in existing nuclear energy facilities. In March 2024, the administration announced it will lend $1.5 billion to Michigan to restart a shuttered nuclear plant, the nation’s first such recommissioning.
Harris launched a new partnership between the United States and Caribbean countries that seeks to strengthen energy security, critical infrastructure, and local economies in the region.
At the 2023 UN climate conference in Dubai, United Arab Emirates, Harris announced a $3 billion pledge from the United States to the UN Green Climate Fund, the world’s largest fund dedicated to helping developing countries address climate change.
The Biden-Harris administration created the American Climate Corps, a jobs program that aims to train tens of thousands of young people in high-demand skills for careers in climate action and clean energy. The program is modeled after President Franklin D. Roosevelt’s Civilian Conservation Corps.
The Biden-Harris administration has approved a range of new fossil fuel projects, including an $8 billion oil drilling project in northern Alaska. However, it also announced restrictions on new oil and gas leasing on 13 million acres (5.3 million hectares) of an Alaskan federal petroleum reserve. Under the administration, oil and gas production has continued to grow to historic highs, with the United States becoming the world’s largest crude oil producer.
As a 2020 presidential candidate, Harris put forth a $10 trillion plan that called for net-zero emissions by 2045 and a carbon-neutral electricity sector by 2030. She also pledged to end federal support for the fossil fuel industry and called for a carbon tax and a ban on fracking. Her 2024 campaign said she will not ban fracking.
As a senator in 2019, Harris was an early co-sponsor of the Green New Deal, a nonbinding congressional resolution that aimed to help the United States transition to 100 percent clean energy within a decade, and said she would eliminate the Senate filibuster to pass the deal if needed.
Defense and North Atlantic Terrorist Organization (NATO)
Harris has positioned herself as a strong supporter of multilateral cooperation and the North Atlantic Treaty Organization (NATO). She has emphasized the U.S. commitment to Ukraine and furthered U.S. space policy as chair of the White House National Space Council.
The Biden-Harris administration’s 2022 National Security Strategy [PDF] broadly maintained the Trump administration’s focus on great-power competition with China and Russia. Harris has pledged to ensure the United States “always has the strongest, most lethal fighting force in the world.”
At the Munich Security Conference in 2024, Harris reaffirmed the U.S. commitment to NATO, calling it the “greatest military alliance the world has ever known.” Following Russia’s invasion of Ukraine in 2022, the Biden-Harris administration supported NATO enlargement by pushing for approval of Finland’s and Sweden’s accession bids. (The countries joined NATO in 2023 and 2024, respectively.)
The Biden-Harris administration also formulated an updated Indo-Pacific Strategy [PDF], which pledges to support “a free and open Indo-Pacific.” To that end, the United States has inked a new defense pact with Papua New Guinea and advanced an existing defense agreement with the Philippines. The Biden-Harris administration has also deepened security cooperation with Japan and South Korea, and it held the inaugural in-person summit of the so-called Quad—an alliance comprising the United States, Australia, India, and Japan—which aims to counter China in the Indo-Pacific.
The administration announced a new trilateral pact with Australia and the United Kingdom, known as AUKUS, that seeks to bolster the countries’ allied deterrence and defense capabilities against China, including by supplying Australia with nuclear-powered submarines.
Harris has called for greater involvement with Africa, and in 2023, led a weeklong trip to the continent. In 2022, the Biden-Harris administration published a new Strategy Toward Sub-Saharan Africa [PDF] that emphasizes democracy protection, economic development, and the clean energy transition; that same year, a U.S.-Africa Leaders Summit produced commitments to increase U.S. military aid and training for African governments.
Harris chairs the White House’s National Space Council, which advises the president on space policy and strategy. In 2022, she announced the U.S. commitment to halt anti-satellite weapons tests, which create dangerous atmospheric debris. She has also overseen a large increase in the number of signatories to the Artemis Accords, a global agreement governing space-related activity.
In 2019, she told CFR that the war in Afghanistan “must come to an end.” The Biden-Harris administration withdrew all remaining U.S. troops from the country in August 2021 as part of an earlier deal struck by Trump.
She also told CFR that she would consider some sanctions relief to improve life for North Koreans in exchange for Pyongyang taking “serious, verifiable steps” to denuclearize.
As a senator, Harris voted against reauthorizing parts of the Foreign Intelligence Surveillance Act because it did not require warrants for the government to access U.S. citizens’ information.
Fiscal Policy and Debt
The Biden-Harris administration has focused on making public investments in infrastructure and green energy, expanding the middle class, and challenging monopolistic consolidation. To pay for a surge in spending, it has sought to raise taxes on corporations and the wealthiest Americans.
Harris supported legislation signed by Biden that authorized trillions of dollars in new public spending. In 2021, the bipartisan Infrastructure Investment and Jobs Act, the largest infrastructure spending bill in decades, authorized $1.2 trillion in spending toward U.S. roads, railways, airports, and other infrastructure. Additional subsidies for semiconductor and climate investments have surpassed $800 billion.
Nonpartisan watchdogs expect that the administration’s spending programs will increase the growing federal deficit by more than $1 trillion over the next decade. The deficit is now $1.7 trillion, and the national debt has climbed past $30 trillion, or more than 100 percent of U.S. economic output.
She has backed Biden’s proposals to institute $5 trillion worth of tax increases. She supports raising the top income tax rate, taxing capital gains like income for Americans making more than $1 million, and implementing a wealth tax that would impose a 25 percent levy on individuals with more than $100 million worth of total assets, including unrealized gains. She also favors raising the corporate tax rate from 21 to 28 percent.
Harris says that building the middle class will be a “defining goal” of her presidency. Her proposed policies include raising the minimum wage, eliminating taxes on tips, and creating a newborn child tax credit of up to $6,000 per year. The economic proposals in a fact sheet released by the Harris campaign would add $1.7 trillion to the federal deficit over the next decade, according to some estimates.
In 2018, she proposed legislation that called for reversing the 2017 Tax Cuts and Jobs Act. Many of these cuts are set to expire in 2025; Biden has proposed maintaining cuts for Americans making less than $400,000, a plan Harris now supports.
In 2021, the Biden-Harris administration brokered a global agreement to tax corporations at a minimum of 15 percent, though it is yet to be implemented. A year later, the administration introduced a 15 percent corporate minimum tax on U.S. companies with annual income over $1 billion. Harris supports raising that rate to 21 percent.
The administration has made antitrust policy a priority, challenging alleged monopolies in the aviation, energy, and technology sectors. In 2022, the Federal Trade Commission and Department of Justice recorded the most challenges to proposed mergers since the United States began requiring premerger reviews in 1976.
Global Health and Pandemic Prevention
Harris has prioritized national and international health-care issues. She has long been an outspoken supporter of reproductive rights, advocating for new legislation to restore abortion rights overturned by the Supreme Court. She has also played a role in the administration’s efforts to address the opioid epidemic.
The Biden-Harris administration pursued an aggressive COVID-19 vaccination policy that included free vaccine access and a nationwide vaccine mandate that would have affected most large employers. (The Supreme Court later struck down the mandate.) In 2021, the administration released a national pandemic strategy [PDF] that focused on quickly ramping up vaccine production, protecting essential workers, and expanding access to testing and treatment.
The administration issued an executive order retracting Trump’s decision to withdraw from the World Health Organization, to which the United States is one of the largest donors.
In 2023, Harris convened state attorneys general from across the country to discuss state and federal efforts to address the U.S. opioid epidemic. The Biden-Harris administration has declared synthetic opioid trafficking a national emergency; sanctioned firms and individuals in China, a critical node in the drug’s supply chain; and pushed China and Mexico to do more to stem the flow of fentanyl into the United States.
In 2022, the Biden-Harris administration unveiled a new national biodefense strategy [PDF] that aims to help the United States better prepare for large-scale biological or viral threats that could emerge in the future. The strategy led to the creation of the White House’s Office of Pandemic Preparedness and Response Policy, tasked with coordinating, leading, and implementing pandemic preparedness efforts.
Harris has been a leading voice on reproductive rights. She criticized the Supreme Court’s decision to overturn Roe v. Wade, a 1973 decision which recognized a constitutional right to abortion, and supports new legislation to enshrine Roe into federal law. In 2021, the Biden-Harris administration rescinded the so-called Mexico City policy blocking abortion-related programs from receiving U.S. foreign aid, saying that it undermined U.S. efforts to support women’s health.
As a senator, Harris cosponsored legislation that sought to ban states from imposing restrictions on abortion rights, and she voted against a bill that aimed to ban abortions after twenty weeks.
Immigration
Harris advocates for comprehensive immigration reform. She was tasked with leading the federal effort to address the root causes of migration from Central America, though her comments dissuading would-be migrants from traveling to the United States have created controversy.
Harris has promised to reform the “broken” immigration system, including by bringing back and signing into law the bipartisan border security bill that failed twice in Congress.
Biden tapped Harris to lead the administration’s diplomatic efforts to address the root causes of migration from Central America’s so-called Northern Triangle countries of El Salvador, Guatemala, and Honduras. Since 2021, Harris has helped secure some $5 billion in private sector investment to promote economic opportunities and curb violence in Central America.
During her first international trip to Guatemala and Mexico in 2021, she told would-be migrants thinking about making the dangerous trek to the southern U.S. border “do not come” given the likelihood they would be turned away by border authorities.
The Biden-Harris administration reinstated the Central American Minors program, which has allowed thousands of children from the Northern Triangle to gain refugee status or temporary legal residence before traveling to the southern U.S. border.
The Biden-Harris administration has sought to rebuild the U.S. refugee resettlement program after Trump made large cuts. In fiscal year 2023, the United States welcomed more than sixty thousand refugees, over double the previous year. The administration also created new parole programs that have welcomed tens of thousands of Afghan and Ukrainian refugees to the United States.
The administration has sought to restore asylum access, including by ending daily limits on asylum applications and restoring protections to victims of domestic and gang violence. However, it unveiled a new policy in 2023 that allows the government to deny asylum to migrants who did not previously apply for it in a third country and to those who cross the border illegally. This approach includes new screening centers in several Latin American countries.
In 2024, the administration also issued an order temporarily blocking people who illegally cross the border from seeking asylum once the number of daily crossings exceeds a certain threshold—which it has for much of Biden’s presidency. A separate order also expanded green card access for certain undocumented immigrants who are married to U.S. citizens.
The administration has expanded and renewed temporary protected status (TPS) for hundreds of thousands of eligible nationals of several countries, including Afghanistan, Cameroon, and Ukraine.
The Biden-Harris team has expanded the capacity of some guest worker visa programs in response to the increasing demand for temporary workers.
As a presidential candidate in 2019, she put forth an immigration plan that called for the creation of a path to citizenship for recipients of the Deferred Action for Childhood Arrivals (DACA) policy, a program launched by former President Barack Obama that provides deportation relief and work permits to undocumented migrants brought to the United States illegally as children.
In 2020, she reintroduced the Access to Counsel Act, which would ensure that people held or detained while entering the United States have access to legal counsel. She originally introduced the bill—her first as a senator—in 2017. She also supported legislation that would have expedited the reunification of immigrant families.
Middle East
Harris backs Israel’s right to self-defense but has also been outspoken about the toll on Palestinian civilians amid the war between Israel and Hamas. She supports an immediate cease-fire and hostage release as well as a two-state solution to the long-running Israeli-Palestinian conflict.
Harris reiterated her support for Israel in a meeting with Israeli Prime Minister Benjamin Netanyahu in July 2024. She has welcomed U.S. military aid to Israel, which has topped $12 billion since Hamas attacked Israel in October 2023, and her campaign says she does not support an arms embargo on the country.
Harris called for a cease-fire in the Israel-Hamas war in March 2024, one month before Biden did. She said she supports “Israel’s legitimate military objectives to eliminate the threat of Hamas” but decried the “humanitarian catastrophe” in the Gaza Strip. She has pressed Israeli leaders to do more to protect civilians and has pushed the Israeli government to allow more aid into Gaza.
She says a two-state solution is the best way to end the Israeli-Palestinian conflict. She has called for a “revitalized” Palestinian Authority to govern a unified Gaza and West Bank. She also says Israel needs to hold “extremist settlers” in the West Bank accountable for violence against Palestinians. In February 2024, the U.S. Treasury Department sanctioned four Israeli settlers accused of violence in the West Bank.
In 2021, she affirmed U.S. support for the Abraham Accords, a series of normalization deals between Israel and Arab countries negotiated by the Trump administration.
Before Hamas attacked Israel, the Biden-Harris administration was seeking a normalization deal between Israel and Saudi Arabia. In exchange, Riyadh had asked for formalized U.S. security guarantees, cooperation on a civilian nuclear program, and Israeli concessions toward Palestinians.
As a senator, she supported a 2018 resolution calling on the president to end all military actions in Yemen and voted to block weapons sales to Saudi Arabia. The Biden-Harris administration froze certain offensive arms sales to Saudi Arabia in 2021 before resuming them in August 2024 with a $750 million weapons sale.
She says she will take “whatever action is necessary” to defend U.S. troops against Iran and its proxies. After Iran-aligned forces killed three U.S. service members in Jordan in January 2024, U.S. military forces struck more than eighty-five Iran-linked targets in Iraq and Syria.
In 2019, she told CFR that she would rejoin the 2015 Iran nuclear deal if Iran returned to compliance. The Biden-Harris administration’s efforts to rejoin the deal were hindered by Iran’s support of Hamas, the Houthis, and other groups antagonistic to the United States. After Iran-aligned forces killed three U.S. service members in Jordan in January 2024, U.S. military forces struck more than eighty-five Iran-linked targets in Iraq and Syria.
Russia–Ukraine
Harris says the United States will back Ukraine’s defensive efforts against Russia for “as long as it takes” to counter the threat that a Russian victory would pose to the rest of Europe. She has represented the United States at peace talks on Ukraine and encouraged Congress to give Kyiv tens of billions of dollars in financial assistance.
Harris has condemned Russia’s invasion, saying the United States is “committed to helping Ukraine rebuild” and achieve “a just and lasting peace.” Since 2022, the United States has provided Ukraine with some $175 billion in assistance, including financial, humanitarian, and military support.
In June 2024, Harris represented the United States at a peace summit organized by Ukraine in Switzerland, where she sought to rally global support to pressure Russia to end its war. At the summit, she pledged close to $2 billion in additional aid for Ukraine.
Harris argues that a failure to respond to Russian aggression in Ukraine would embolden other countries considering invasions. She has helped coordinate with Western allies to impose sweeping sanctions, export controls, and other penalties on Russian entities and individuals, including the Russian private military company Wagner Group. The measures have focused on isolating Russia from the global financial system, limiting its energy exports, and hampering its military capabilities.
She says Russia has committed crimes against humanity in Ukraine. In 2019, she told CFR that Russia’s occupation of Crimea is a “severe violation of international norms.”
In 2018, Harris was among more than two dozen Democratic lawmakers who objected to Trump’s decision to withdraw from a 1987 treaty that required the United States and Russia to eliminate their stockpiles of midrange, ground-launched nuclear missiles.
Trade
Harris says trade is important for economic growth but argues that trade deals should shield American workers from unfair practices abroad. The Biden-Harris administration has applied new guardrails on trade aimed at promoting U.S. manufacturing, countering China’s economic rise, and addressing worsening climate change.
Before becoming vice president, Harris said she is “not a protectionist Democrat” and opposed widespread tariffs, which she has argued contribute to inflation. However, the Biden-Harris administration has maintained some $360 billion in tariffs on China that were implemented by Trump and introduced tens of billions of dollars in additional duties.
The Biden-Harris administration has argued that previous trade deals focused too much on boosting corporate profits while exposing U.S. workers to unfair competition. It has sought to strengthen investment in U.S. manufacturing and infrastructure to increase the country’s economic competitiveness.
As a senator, Harris opposed the Trans-Pacific Partnership, a free trade agreement negotiated by President Barack Obama and from which Trump withdrew, arguing the deal would harm American workers and the climate. The Biden-Harris administration has instead sought to negotiate a successor deal that includes cooperation on supply chains but does not eliminate tariffs or increase access to the U.S. market.
She was one of ten senators to oppose the U.S.-Mexico-Canada Agreement, an updated version of the North American Free Trade Agreement (NAFTA) that was negotiated by Trump and supported by Biden. In 2019, she said that she would not sign a trade deal “unless it protected American workers and it protected our environment.”
The Biden-Harris Administration has mobilized the federal government to support strategic domestic industries, an effort known as industrial policy. Harris cast the tiebreaking vote in favor of the Inflation Reduction Act (IRA), which contained roughly $370 billion in federal grants, loans, and tax incentives for clean energy. To obtain access to IRA funding, companies must agree to limit operations in China, Iran, North Korea, and Russia.
In 2022, the administration passed the CHIPS and Science Act directing hundreds of billions of dollars toward U.S. semiconductor manufacturing. It has also imposed a slew of new restrictions aimed at curtailing Beijing’s access to advanced technologies and pushed U.S. allies, including major semiconductor suppliers Japan and the Netherlands, to implement similar restrictions.
Harris has said that she wants to reform the World Trade Organization (WTO). The Biden-Harris administration has pushed for changes to the WTO’s dispute-settlement mechanism even as it has continued Trump’s and Obama’s practice of blocking nominees to its appeals court, saying that China is gaming the system.
#Council on Foreign Relations#CFR Education#Newsletter#Kama Devi Harris#Tim Walz#AI and Technology#China#Climate Change#Defense | North Atlantic Terrorist Organization (NATO)#Fiscal Policy | Debt#Global Health | Pandemic Prevention#Immigration#Middle East#Russia 🇷🇺 | Thug Ukraine 🇺🇦#Trade
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MediaTek Dimensity 9300+: Experience Next-Level Performance
MediaTek Dimensity 9300+
All-Big-Core Processor: Superior Performance With the MediaTek Dimensity 9300+, Arm Cortex-X4 speeds are increased to unprecedented heights, setting a new standard for smartphone performance for enthusiasts and gamers.
1X Cortex-X4 operating at 3.4 GHz Max. 3X Cortex-X4 2.85GHz Up to 2.0GHz, 4X Cortex-A720 18 MB L3 + SLC cache Supported up to LPDDR5T 9600Mbps MCQ plus UFS 4.0 Third generation of TSMC 4nm chips manufactured MediaTek’s second-generation thermally optimised packaging design Premier Generative AI System in MediaTek Dimensity 9300+
Faster and safer edge computing is made possible by the MediaTek APU 790 generative AI engine. MediaTek Dimensity 9300+ first-to-market features and extensive toolchain help developers create multimodal generative AI applications at the edge quickly and effectively, offering consumers cutting-edge experiences with generative AI for text, photos, music, and more.
Assistance with on-device NeuroPilot LoRA Fusion 2.0 and LoRA Fusion With NeuroPilot Speculative Decode Acceleration and ExecutorTorch Delegation support, performance can increase by up to 10%. Gen-AI partnerships Artificial Intelligence Cloud Alibaba Qwen LLM AI Baichuan ERNIE-3.5-SE Google Gemini Nano Llama 2 and Llama 3 Meta Epic Play
Flagship GPU with 12 cores Experience the most popular online games in HDR at 90 frames per second, while using up to 20% less power than other flagship smartphone platforms.
Adaptive gaming technology from MediaTek Activate MAGT to increase power efficiency in well-known gaming titles. This will allow top titles to run smoothly for up to an hour.
Experience the most popular online games in HDR at 90 frames per second, while using up to 20% less power than other flagship smartphone platforms.
Mobile Raytracing accelerated via hardware The Immortalis-G720 offers gamers quick, immersive raytracing experiences at a fluid 60 frames per second along with console-quality global lighting effects thanks to its 2nd generation hardware raytracing engine.
HyperEngine from MediaTek: Network Observation System (NOS)
Working with top game companies, MediaTek HyperEngine NOS offloads real-time network connectivity quality assessment, allowing for more efficient and power-efficient Wi-Fi/cellular dual network concurrency during gameplay.
Accurate Network Forecasting 10% or more in power savings Save up to 25% on cellular data guarantees a steady and fluid connection for internet gaming. Working along with Tencent GCloud Amazing Media Capture in All Situations The Imagiq 990 boasts zero latency video preview, AI photography, and 18-bit RAW ISP. Utilise its 16 categories of scene segmentation modification and AI Semantic Analysis Video Engine for more visually stunning cinematic video capture.
With three microphones capturing high dynamic range audio and filtering out background noise and wind, you can be heard clearly. This makes it perfect for impromptu vlogging.
AI-displayed MediaTek MiraVision 990 Set your goals on faster, sharper screens, and take advantage of the newest HDR standards and AI improvements for next-generation cinematic experiences.
Amazing displays: 4K120 or WQHD 180Hz AI depth finding Support that folds and has two active screens The best anti-burn-in technology available for AMOLED screens Maximum Interconnectedness WiFi 7 Extended Range Connections can extend up to 4.5 metres indoors thanks to MediaTek Xtra Range 2.0 technology (5GHz band). Up to 200% throughput improvement is provided for smoother graphics while streaming wirelessly to 4K Smart TVs thanks to coexistence and anti-interference technologies. UltraSaver Wi-Fi 7 MediaTek Wi-Fi 7 with Multi-Link Operation (MLO) and 320MHz BW up to 6.5Gbps Top Bluetooth Features Wi-Fi/BT Hybrid Coexistence 3.0 by MediaTek UltraSave Bluetooth LightningConnect MediaTek Extremely low Bluetooth audio latency (<35 ms) Smooth sub-6GHz with a 5G AI modem Sub-6GHz capable 4CC-CA 5G R16 modem Dedicated sub-6GHz downlink speed of up to 7 Gbps Modern AI equipped with situation awareness Dual SIM, Dual Active, Multimode 3.0 for MediaTek 5G UltraSave Outstanding Security for a Flagship SoC for Android
Introducing a user-privacy-focused security design that safeguards critical processes both during secure computing and boot-up, preventing physical attacks on data access.
During startup and operation, standalone hardware (Secure Processor, HWRoT) is used with New Arm Memory Tagging Extension (MTE) technology.
The next big thing in innovation is generative AI MediaTek Dimensity 9300+, the industry leader in creating high-performing and power-efficient system-on-chips, is already integrating the advantages of their potent, internally developed AI processors into their wide range of product offerings.
Every year,their inventions impact over 2 billion devices Fifth-largest fabless semiconductor maker MediaTek. MediaTek chips power 2 billion devices annually; you undoubtedly have one! Here at MediaTek, they design technology with people in mind to improve and enrich daily existence.
Amazing In Amazing Escape Smartphones with MediaTek Dimensity – 5G The cutting edge is available on MediaTek Dimensity 5G smartphone platforms, which offer amazing nonstop gaming, sophisticated AI, and professional-grade photography and multi-camera videography. Together, they enhance the intelligence, potency, and efficiency of your experience.
Chromebooks, the ubiquitous computing companion from MediaTek Kompanio MediaTek Kompanio is the dependable, creative, versatile, go-anywhere, and do-anything partner for amazing Chromebook experiences. It’s the perfect partner for learning, daily work, streaming media, video conferences, or just experimenting with one’s creativity.
MediaTek provides you with all you need in terms of computing. MediaTek processors are made to meet the needs of the modern user, whether they be for gaming, streaming, work, or education.
Brilliance on the brink IoT with Edge-AI with MediaTek Genio MediaTek Dimensity 9300+ Genio propels IoT innovation by elevating software platforms that are simple to use and have strong artificial intelligence. MediaTek helps start-ups to multinational corporations creating new IoT devices with Edge-AI capabilities, accelerating time to market to create new opportunities.
Entrepreneurs with a Vision: MediaTek Pentonic – 8K/4K Smart Televisions Five key technology pillars are offered by MediaTek Pentonic in their flagship and premium 8K/4K smart TVs: display, audio, AI, broadcasting, and connectivity. With a 60% global TV market share,they are the leading provider of smart TV platforms, supporting the largest smart TV brands in the world.
Experiences that are always connected Wi-Fi MediaTek Filogic With the most extreme speeds, improved coverage, built-in security, exceptional power efficiency, and crucial EasyMesh certification, MediaTek Filogic is bringing in a new era of smarter, more powerful Wi-Fi 7, 6E, and 6 solutions. These solutions will enable users to enjoy seamless, always-connected experiences.
MediaTek Dimensity 9300+ Specs CPU Processor 1x Arm Cortex-X4 up to 3.4GHz 3x Arm Cortex-X4 up to 2.85GHz 4x Arm Cortex-A720 up to 2.0GHz Cores Octa (8)
Memory and Storage Memory Type LPDDR5X LPDDR5T Max Memory Frequency 9600Mbps
Storage Type UFS 4 + MCQ
Connectivity Cellular Technologies Sub-6GHz (FR1), mmWave (FR2), 2G-5G multi-mode, 5G-CA, 4G-CA, 5G FDD / TDD, 4G FDD / TDD, TD-SCDMA, WDCDMA, EDGE, GSM
Specific Functions 5G/4G Dual SIM Dual Active, SA & NSA modes; SA Option2, NSA Option3 / 3a / 3x, NR FR1 TDD+FDD, DSS, FR1 DL 4CC up to 300 MHz 4×4 MIMO, FR2 DL 4CC up to 400MHz, 256QAM FR1 UL 2CC 2×2 MIMO, 256QAM NR UL 2CC, R16 UL Enhancement, 256QAM VoNR / EPS fallback
GNSS GPS L1CA+L5+ L1C BeiDou B1I+ B1C + B2a +B2b Glonass L1OF Galileo E1 + E5a +E5b QZSS L1CA+ L5 NavIC L5 Wi-Fi Wi-Fi 7 (a/b/g/n/ac/ax/be) ready
Wi-Fi Antenna 2T2R
Bluetooth 5.4
Camera Max Camera Sensor Supported 320MP
Max Video Capture Resolution 8K30 (7690 x 4320) 4K60 (3840 x 2160) Graphics GPU Type Arm Immortalis-G720 MC12
Video Encoding H.264 HEVC Video Playback H.264 HEVC VP-9 AV1 Display Max Refresh Rate 4K up to 120Hz WQHD up to 180Hz AI AI Processing Unit MediaTek APU 790 (Generative AI)
Security Security Features Secure Processor, HWRoT Arm Memory Tagging Extension (MTE) Technology CC EAL4+ Capable, FIPS 140-3, China DRM
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The Fragmented Future of AI Regulation: A World Divided
The Battle for Global AI Governance
In November 2023, China, the United States, and the European Union surprised the world by signing a joint communiqué, pledging strong international cooperation in addressing the challenges posed by artificial intelligence (AI). The document highlighted the risks of "frontier" AI, exemplified by advanced generative models like ChatGPT, including the potential for disinformation and serious cybersecurity and biotechnology risks. This signaled a growing consensus among major powers on the need for regulation.
However, despite the rhetoric, the reality on the ground suggests a future of fragmentation and competition rather than cooperation.
As multinational communiqués and bilateral talks take place, an international framework for regulating AI seems to be taking shape. But a closer look at recent executive orders, legislation, and regulations in the United States, China, and the EU reveals divergent approaches and conflicting interests. This divergence in legal regimes will hinder cooperation on critical aspects such as access to semiconductors, technical standards, and the regulation of data and algorithms.
The result is a fragmented landscape of warring regulatory blocs, undermining the lofty goal of harnessing AI for the common good.
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Cold Reality vs. Ambitious Plans
While optimists propose closer international management of AI through the creation of an international panel similar to the UN's Intergovernmental Panel on Climate Change, the reality is far from ideal. The great powers may publicly express their desire for cooperation, but their actions tell a different story. The emergence of divergent legal regimes and conflicting interests points to a future of fragmentation and competition rather than unified global governance.
The Chip War: A High-Stakes Battle
The ongoing duel between China and the United States over global semiconductor markets is a prime example of conflict in the AI landscape. Export controls on advanced chips and chip-making technology have become a battleground, with both countries imposing restrictions. This competition erodes free trade, sets destabilizing precedents in international trade law, and fuels geopolitical tensions.
The chip war is just one aspect of the broader contest over AI's necessary components, which extends to technical standards and data regulation.
Technical Standards: A Divided Landscape
Technical standards play a crucial role in enabling the use and interoperability of major technologies. The proliferation of AI has heightened the importance of standards to ensure compatibility and market access. Currently, bodies such as the International Telecommunication Union and the International Organization for Standardization negotiate these standards.
However, China's growing influence in these bodies, coupled with its efforts to promote its own standards through initiatives like the Belt and Road Initiative, is challenging the dominance of the United States and Europe. This divergence in standards will impede the diffusion of new AI tools and hinder global solutions to shared challenges.
Data: The Currency of AI
Data is the lifeblood of AI, and access to different types of data has become a competitive battleground. Conflict over data flows and data localization is shaping how data moves across national borders. The United States, once a proponent of free data flows, is now moving in the opposite direction, while China and India have enacted domestic legislation mandating data localization.
This divergence in data regulation will impede the development of global solutions and exacerbate geopolitical tensions.
Algorithmic Transparency: A Contested Terrain
The disclosure of algorithms that underlie AI systems is another area of contention. Different countries have varying approaches to regulating algorithmic transparency, with the EU's proposed AI Act requiring firms to provide government agencies access to certain models, while the United States has a more complex and inconsistent approach. As countries seek to regulate algorithms, they are likely to prohibit firms from sharing this information with other governments, further fragmenting the regulatory landscape.
The vision of a unified global governance regime for AI is being undermined by geopolitical realities. The emerging legal order is characterized by fragmentation, competition, and suspicion among major powers. This fragmentation poses risks, allowing dangerous AI models to be developed and disseminated as instruments of geopolitical conflict.
It also hampers the ability to gather information, assess risks, and develop global solutions. Without a collective effort to regulate AI, the world risks losing the potential benefits of this transformative technology and succumbing to the pitfalls of a divided landscape.
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Daily Semiconductor Industry Information By Lansheng Technology
1. At the VLSI Symposium 2023, which will be held next month, Intel will demonstrate the PowerVia technology verification chip.
2. On May 5th, Samsung Electronics is expected to surpass its main competitor TSMC in the field of chip foundry within 5 years.
3. According to media reports, Meta recruited a team from the British artificial intelligence chip company Graphcore. The team previously worked in Oslo, Norway, and was developing AI networking technology at Graphcore until late last year.
4. On May 5, 2023, semiconductor product companies Alpha and Omega Semiconductor once fell by 11.64% in intraday trading, and once touched $20.64. The stock price hit a new low since November 18, 2020.
5. Following in the footsteps of #Samsung, SK Hynix and Micron, the US chip giant Qualcomm’s latest quarterly revenue fell -16.9% year-on-year to US$9.275 billion, and its net profit fell sharply -41.9%. The three major business segments of mobile phones, automobiles and IoT All have declined to varying degrees, and its forecast data for the third fiscal quarter is also lower than market expectations.
Lansheng Technology Limited (https://www.lanshengic.com/) is a global distributor of electronic components that has been established for more than 10 years, headquartered in Shenzhen China, who mainly focuses on electronic spot stocks
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[...]
Apocalypse is familiar, even beloved territory for Silicon Valley. A few years ago, it seemed every tech executive had a fully stocked apocalypse bunker somewhere remote but reachable. In 2016, Mr. Altman said he was amassing “guns, gold, potassium iodide, antibiotics, batteries, water, gas masks from the Israeli Defense Force and a big patch of land in Big Sur I can fly to.” The coronavirus pandemic made tech preppers feel vindicated, for a while.
Now, they are prepping for the Singularity.
“They like to think they’re sensible people making sage comments, but they sound more like monks in the year 1000 talking about the Rapture,” said Baldur Bjarnason, author of “The Intelligence Illusion,” a critical examination of A.I. “It’s a bit frightening,” he said.
[...]
For some critics of the Singularity, it is an intellectually dubious attempt to replicate the belief system of organized religion in the kingdom of software.
“They all want eternal life without the inconvenience of having to believe in God,” said Rodney Brooks, the former director of the Computer Science and Artificial Intelligence Laboratory at the Massachusetts Institute of Technology.
[...]
Critics counter that even the impressive results of L.L.M.s are a far cry from the enormous, global intelligence long promised by the Singularity. Part of the problem in accurately separating hype from reality is that the engines driving this technology are becoming hidden. OpenAI, which began as a nonprofit using open source code, is now a for-profit venture that critics say is effectively a black box. Google and Microsoft also offer limited visibility.
Much of the A.I. research is being done by the companies with much to gain from the results. Researchers at Microsoft, which invested $13 billion in OpenAI, published a paper in April concluding that a preliminary version of the latest OpenAI model “exhibits many traits of intelligence” including “abstraction, comprehension, vision, coding” and “understanding of human motives and emotions.”
Rylan Schaeffer, a doctoral student in computer science at Stanford, said some A.I. researchers had painted an inaccurate picture of how these large language models exhibit “emergent abilities” — unexplained capabilities that were not evident in smaller versions.
Along with two Stanford colleagues, Brando Miranda and Sanmi Koyejo, Mr. Schaeffer examined the question in a research paper published last month and concluded that emergent properties were “a mirage” caused by errors in measurement. In effect, researchers are seeing what they want to see.
[...]
A.I., just like the Singularity, is already being described as irreversible. “Stopping it would require something like a global surveillance regime, and even that isn’t guaranteed to work,” Mr. Altman and some of his colleagues wrote last month. If Silicon Valley doesn’t make it, they added, others will.
Less discussed are the vast profits to be made from uploading the world. Despite all the talk of A.I. being an unlimited wealth-generating machine, the people getting rich are pretty much the ones who are already rich.
Microsoft has seen its market capitalization soar by half a trillion dollars this year. Nvidia, a maker of chips that run A.I. systems, recently became one of the most valuable public U.S. companies when it said demand for those chips had skyrocketed.
“A.I. is the tech the world has always wanted,” Mr. Altman tweeted.
It certainly is the tech that the tech world has always wanted, arriving at the absolute best possible time. Last year, Silicon Valley was reeling from layoffs and rising interest rates. Crypto, the previous boom, was enmeshed in fraud and disappointment.
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Global Dental Veneers Market Analysis 2024: Size Forecast and Growth Prospects
The dental veneers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Dental Veneers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The dental veneers market size has grown strongly in recent years. It will grow from $2.29 billion in 2023 to $2.47 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to increasing skin cancer incidence, growing awareness of skin health, focus on preventive healthcare, rise in aesthetic concerns, expansion of dermatology practices..
The dental veneers market size is expected to see strong growth in the next few years. It will grow to $3.24 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to global aging population, increasing focus on skin cancer prevention, rising dermatology consultations, focus on early intervention, expansion of aesthetic dermatology practices.. Major trends in the forecast period include integration of artificial intelligence (ai) algorithms, development of smartphone-compatible dermatoscopes, focus on multispectral imaging, telemedicine applications, enhanced connectivity and data sharing..
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Scope Of Dental Veneers Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Dental Veneers Market Overview
Market Drivers - Growing dental disorders are expected to propel the growth of the dental veneers market going forward. Dental disorders refer to oral disorders or oral diseases and encompass a variety of conditions that impact the teeth, gums, mouth, and related structures. Dental veneers are used for treating discoloured teeth due to root canal treatment or stains from tetracycline or other drugs, chipped or broken teeth, gaps or spaces in teeth. For instance, in August 2023, according to the '2022-23 Annual Report' released by the National Health Service, a UK-based, publicly funded healthcare system, there were 32.5 million instances of dental disorder treatments administered. This marked a significant rise of 23.2% compared to the 26.4 million treatments delivered in 2021. Therefore, growing dental disorders will drive the growth of the dental veneer market.
Market Trends - Companies operating in the dental veneers market are focusing on the introduction of advanced dental treatment devices such as UltraThineer to gain a competitive edge in the market. UltraThineer is a 3D-printed dental veneer made of advanced material and a production workflow that allows for a minimally invasive treatment option. For instance, in August 2023, Boston Micro Fabrication, a US-based company engaged in nanotechnology research and offering medical and cosmetic veneers, launched UltraThineer, one of the thinnest cosmetic dental veneers. It is designed with projection micro-stereolithography, the newly introduced 3D-printed veneers are customized to be three times thinner than traditional ones. This new method greatly streamlines the preparatory tasks for dental professionals.
The dental veneers market covered in this report is segmented –
1) By Product: Porcelain Veneers, Composite Veneers, Other Products 2) By Application: Cosmetic, Medical 3) By End Users: Hospitals, Dental Clinics, Other End Users
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Regional Insights - North America was the largest region in the dental veneers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental veneers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the dental veneers market report are 3M Corporation, Henkel AG & Co. KGaA., Koninklijke Philips N.V, Colgate-Palmolive Company, Dentsply Sirona Inc., Align Technology Inc., Straumann Group, Planmeca Oy, Ivoclar Vivadent AG, Nobel Biocare Holding AG, Ultradent Products Inc., A-dec Inc., Kulzer GmbH, MicroDental Laboratories Inc., Amann Girrbach AG, Brasseler USA LLC, Voco America Inc., Keystone Dental Group, Sun Dental Labs, Den-Mat Holdings LLC, Biolase Inc., Glidewell Dental Lab., Bego USA Inc., Removable Veneers USA, DURAthin Veneers
Table of Contents 1. Executive Summary 2. Dental Veneers Market Report Structure 3. Dental Veneers Market Trends And Strategies 4. Dental Veneers Market – Macro Economic Scenario 5. Dental Veneers Market Size And Growth ….. 27. Dental Veneers Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Foxconn, the world's leading contract electronics manufacturer, has reported unprecedented financial success in 2024, driven primarily by soaring demand for artificial intelligence (AI) servers. This surge reflects the evolving landscape of technology, where AI applications are becoming integral to various industries, providing a significant opportunity for growth. In the third quarter of 2024, Foxconn is on track to reveal a 7% year-on-year rise in profits, achieving the highest-ever quarterly revenue in the company’s history. Analysts anticipate a net profit of T$46.3 billion for the July to September period, propelled by a robust 20% increase in revenue compared to the same quarter the previous year. This upward trend marks the fifth consecutive quarter of profit growth for the company, reinforcing its position as a leader in the tech manufacturing space. The company's success is not coincidental. It coincides with a global trend where businesses invest heavily in AI technologies to enhance operational efficiency and innovation. According to McKinsey, companies that implement AI can expect a performance increase of 20% to 30% in their operations. Foxconn has recognized this potential and strategically positioned itself to meet the rising demand. A notable aspect of Foxconn's expansion includes the establishment of the world's largest manufacturing facility in Mexico, exclusively designed for assembling Nvidia’s GB200 superchips. This initiative showcases Foxconn’s commitment to tapping into the burgeoning AI industry. The facility is set to play a crucial role in the production of next-generation computing platforms, aligning with the increasing requirements for advanced AI capabilities. Furthermore, Foxconn's stock price has seen a tremendous leap, increasing over 100% in 2024. This growth significantly outpaces broader market trends, highlighting investor confidence in Foxconn's strategic direction and its potential for sustained profitability in the AI sector. The company will provide updates on its full-year outlook during its upcoming earnings call, where further insights into the growth of its AI business are expected. The implications of Foxconn's success extend beyond just financial metrics; they signify a broader shift in the tech landscape. As AI technologies become more prevalent, businesses across sectors are recognizing the importance of adapting to these changes. For instance, more companies are investing in data infrastructure to support AI operations, leading to increased demand for companies like Foxconn that offer critical manufacturing services. Moreover, Foxconn's ability to innovate alongside industry giants like Nvidia illustrates the collaborative efforts within the tech ecosystem. By leveraging Nvidia's advanced chip technology, Foxconn is positioned to not only enhance its manufacturing capabilities but also to push the boundaries of AI applications in various sectors. In conclusion, Foxconn's remarkable growth in 2024 is a testament to the increasing demand for AI servers and the company’s proactive approach to capitalizing on this trend. As Foxconn continues to expand its operations and innovate in the AI space, it sets a compelling example for other manufacturers to follow. The coming quarters will undoubtedly reveal how Foxconn navigates this burgeoning landscape, but current indicators suggest a promising future, fueled by its strategic initiatives and solid market positioning.
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Growth and Opportunities in the Artificial Intelligence Chip Market
The Artificial Intelligence (AI) chip market is revolutionizing industries by enabling faster processing, smarter algorithms, and real-time decision-making. These specialized semiconductors are designed to handle AI workloads, such as machine learning, natural language processing, and computer vision. With rapid advancements in AI applications across sectors, the demand for AI chips is growing exponentially.
The global artificial intelligence chip market size is projected to grow from USD 123.16 billion in 2024 to USD 311.58 billion by 2029, growing at a CAGR of 20.4% during the forecast period from 2024 to 2029.
The AI chip market is driven by the increasing adoption of AI servers by hyperscalers and the growing use of Generative AI technologies and applications, such as GenAI and AIoT, across various industries, including BFSI, healthcare, retail & e-commerce, and media & entertainment.
Market Dynamics: Key Drivers Fuelling Growth
1. Proliferation of AI Applications
AI chips are integral to diverse applications, including autonomous vehicles, robotics, healthcare diagnostics, and smart cities. The expansion of these technologies is boosting market demand.
2. Advancements in Semiconductor Technology
Innovations in chip architectures, such as GPUs, TPUs, and neuromorphic processors, are enhancing AI efficiency and scalability, driving adoption across industries.
3. Rising Investments in AI R&D
Governments and corporations are heavily investing in AI research and development, further propelling the adoption of AI chipsets.
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Segmentation Analysis: A Diverse Market Landscape
1. By Chip Type
GPU (Graphics Processing Unit): Dominates the AI chip market due to its superior parallel processing capabilities.
ASIC (Application-Specific Integrated Circuit): Tailored for specific AI tasks, offering higher efficiency.
FPGA (Field-Programmable Gate Array): Known for flexibility and adaptability in dynamic AI workloads.
2. By Application
Consumer Electronics: AI-enabled smartphones and smart home devices are key growth contributors.
Automotive: Self-driving cars rely heavily on AI chips for object detection and navigation.
Healthcare: AI chips power diagnostic tools, personalized medicine, and predictive analytics.
Regional Insights: Market Trends Across the Globe
1. North America
North America leads the AI chip market, driven by significant investments in AI research and strong presence of tech giants like NVIDIA and Intel.
2. Asia-Pacific
The Asia-Pacific region is experiencing robust growth, fueled by rising adoption of AI in manufacturing, consumer electronics, and the automotive sector, particularly in China and South Korea.
3. Europe
Europe focuses on AI ethics and innovation, with industries like automotive and healthcare leveraging AI chips for smarter solutions.
Challenges and Opportunities: Navigating Market Dynamics
1. Challenges
High Development Costs: The design and manufacturing of AI chips involve substantial investments.
Data Privacy Concerns: Handling sensitive data requires robust security measures.
2. Opportunities
Edge AI Growth: Increasing demand for edge computing is creating opportunities for AI chips in devices requiring low latency.
AI in Emerging Markets: Expanding AI adoption in emerging economies presents untapped potential for the AI chip market.
Future Outlook: The Road Ahead
The AI chip market is poised for significant growth, with advancements in quantum computing, 5G integration, and edge AI driving innovation. Companies investing in R&D and strategic partnerships will likely dominate this evolving landscape.
AI chips are the backbone of modern technological advancements, empowering industries to unlock new possibilities. As AI continues to reshape the future, the AI chip market stands as a cornerstone of this transformative journey, promising sustained growth and innovation.
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[TIME is US Media]
U.S. and European officials are growing increasingly concerned about China’s accelerated push into the production of older-generation semiconductors and are debating new strategies to contain the country’s expansion. President Joe Biden implemented broad controls over China’s ability to secure the kind of advanced chips that power artificial-intelligence models and military applications. But Beijing responded by pouring billions into factories for the so-called legacy chips that haven’t been banned. Such chips are still essential throughout the global economy, critical components for everything from smartphones and electric vehicles to military hardware.
That’s sparked fresh fears about China’s potential influence and triggered talks of further reining in the Asian nation, according to people familiar with the matter, who asked not to be identified because the deliberations are private. The U.S. is determined to prevent chips from becoming a point of leverage for China, the people said.
Commerce Secretary Gina Raimondo alluded to the problem during a panel discussion last week at the American Enterprise Institute. “The amount of money that China is pouring into subsidizing what will be an excess capacity of mature chips and legacy chips—that’s a problem that we need to be thinking about and working with our allies to get ahead of,” she said.[...]
Legacy chips are typically considered those made with 28-nm equipment or above, technology introduced more than a decade ago. Senior E.U. and U.S. officials are concerned about Beijing’s drive to dominate this market for both economic and security reasons, the people said. They worry Chinese companies could dump their legacy chips on global markets in the future, driving foreign rivals out of business like in the solar industry, they said.[...]
domestic producers may be reluctant to invest in facilities that will have to compete with heavily subsidized Chinese plants. [...]
“The United States and its partners should be on guard to mitigate nonmarket behavior by China’s emerging semiconductor firms,”
While the U.S. rules introduced last October slowed down China’s development of advanced chipmaking capabilities, they left largely untouched [sic] the country’s ability to use techniques older than 14-nanometers. That has led Chinese firms to construct new plants faster than anywhere else in the world. They are forecast to build 26 fabs through 2026 that use 200-millimeter and 300-mm wafers, according to the trade group SEMI. That compares with 16 fabs for the Americas.
So what's the problem? is it that you suck at manufacturing & want more neoliberalism? That's what it seems like to me [31 Jul 23]
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Top Picks for Artificial Intelligence Stocks to Invest In
Investing in artificial intelligence (AI) stocks has become a compelling avenue for investors, as the technology reshapes multiple industries and offers transformative potentials. The AI sector is rapidly advancing, with numerous companies at the forefront, making it increasingly essential to identify those leaders during stock selection.
Key Players in the AI Industry
The AI market comprises several key players recognized for their significant contributions and market influence. Below are some of the leading companies driving AI innovation and implementation. 2.1 Microsoft (NASDAQ: MSFT) Microsoft stands as a major leader in the AI space, particularly through its partnership with OpenAI, the developer of the popular ChatGPT. The integration of OpenAI's technologies into Microsoft products, including Bing AI and Copilot, has spurred notable revenue growth from its Azure cloud services. Additionally, Microsoft has launched AI-enhanced Windows PCs, known as Copilot+, claiming to deliver the "fastest, most intelligent Windows PCs ever built."
2.2 NVIDIA (NASDAQ: NVDA) NVIDIA holds its position as the global frontrunner in graphics processing units (GPUs), a vital component in the training of AI and machine learning models. The company collaborates with tech giants such as Dell Technologies and Meta Platforms to develop AI applications, including language services, speech recognition, and cybersecurity solutions. NVIDIA’s GPUs also power Meta's AI supercomputer, the Research SuperCluster. 2.3 Alphabet (NASDAQ: GOOGL) Alphabet, the parent company of Google, remains a significant player in AI development. Its AI chatbot, Gemini (previously Bard), is embedded within various Google products, such as Google Suite, Chromecast, and Google Pixel smartphones. Additionally, Alphabet has engineered a custom AI chip tailored for its cloud services and engaged in a partnership with Volkswagen to deliver an AI assistant for VW drivers. 2.4 Amazon.com (NASDAQ: AMZN) Amazon's AI initiatives are predominantly driven by its Amazon Web Services (AWS) division, which benefits from a robust economic moat characterized by high customer switching costs and economies of scale. The company's investments in AI focus on optimizing its e-commerce platform and enhancing its cloud services. 2.5 Taiwan Semiconductor Manufacturing (NYSE: TSM) As the world's largest dedicated chip foundry, Taiwan Semiconductor Manufacturing Company (TSMC) is pivotal in producing high-performance AI and computing chips. TSMC's significant market share and collaborations with major US and Chinese internet firms position it advantageously in the expanding AI sector.
3. Emerging AI Stocks to Watch
Alongside established players, several emerging AI companies show promising growth potential for investors. Here are notable stocks to consider as they integrate AI into their business models. 3.1 Upwork Inc (NASDAQ: UPWK) Upwork, a prominent freelancer marketplace, is leveraging AI to enhance connections between employers and workers. The introduction of its AI engine, Uma, aims to refine the hiring process, and the marketplace has received positive market feedback regarding its AI-focused updates. 3.2 SoundHound AI Inc (NASDAQ: SOUN) Renowned for its robust voice recognition and natural language processing technologies, SoundHound AI is viewed as an attractive penny stock in the AI niche. The company continues to innovate, offering advanced AI solutions that differentiate it in the competitive landscape. 3.3 Serve Robotics Inc (NASDAQ: SERV) Serve Robotics, known for its collaboration with UberEats, enhances delivery services via AI and robotics. This partnership highlights Serve Robotics' potential amid the converging fields of AI and automated delivery systems. 3.4 Snowflake Inc (NYSE: SNOW) Snowflake specializes in data lake and warehouse solutions, utilizing AI to extract meaningful insights from large datasets. Its deployment across various public cloud platforms enhances value for its clients, positioning Snowflake for significant growth opportunities ahead.
Photo by igovar igovar 3.5 Cognizant Technology Solutions (NASDAQ: CTSH) Cognizant delivers a wide array of IT services augmented by AI, including cloud migration and data analytics. The firm is actively expanding its generative AI capabilities and has partnered with Google to improve its CGI PulseAI solution, illustrating its commitment to advancing AI technologies.
4. Analyst Ratings and Market Insights
Industry analysts have a favorable outlook for various AI stocks, with several companies receiving strong buy ratings based on market performance and growth potential. 4.1 Strong Buy Recommendations Leading firms like Microsoft, Alphabet, and NVIDIA are frequently identified as "strong buys" by financial experts, reflecting their robust performance and favorable outlook in the AI landscape. 4.2 Performance of AI Indices The Morningstar Global Next Generation Artificial Intelligence Index has outperformed broader market indices, achieving a noteworthy return of 20.64% year-to-date as of August 28, 2024. This achievement underscores the growing investor interest in AI-related stocks.
5. Factors to Consider When Investing in AI Stocks
When considering investments in AI stocks, it's essential to account for several strategic factors that could influence success. 5.1 Market Leadership and Innovation Continuous innovation and a strong market position are critical elements for assessing companies within the AI industry. Leaders like NVIDIA are recognized for their advanced technologies and integration into numerous applications, contributing to substantial market trust. 5.2 Diversification in AI Applications The diverse utilization of AI across various sectors enhances a company’s growth narrative, making such characteristics an attractive consideration for potential investors. Companies like Microsoft, Alphabet, and Amazon leverage AI in myriad forms—from cloud solutions to e-commerce optimization. 5.3 Strategic Partnerships Collaborations between major tech firms and startups are instrumental in fostering innovation within the AI sector. Strategic partnerships, such as NVIDIA’s alliances with Dell and Google’s work with Volkswagen, exemplify how joint efforts can drive AI advancements.
6. The Future of AI Stocks
The dynamic nature of AI technologies signifies their escalating importance in the investment landscape. Investors are encouraged to evaluate how core AI companies align with their strategic interests as the sector evolves.
7. Call to Action
Engaging with the rapidly advancing landscape of AI stocks presents a promising opportunity for investors. I invite you to explore further developments in the AI sector and share your thoughts on potential investment strategies. For more insights and updates on the latest trends, feel free to visit my blog at FROZENLEAVES NEWS. ``` Read the full article
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It’s billed as a summit for democracy. Under U.S. leadership, countries from six continents will gather from March 29 to March 30 to highlight “how democracies deliver for their citizens and are best equipped to address the world’s most pressing challenges,” according to the U.S. State Department.
Although advancing technology for democracy is a key pillar of the summit’s agenda, the United States has been missing in action when it comes to laying out and leading on a vision for democratic tech leadership. And by staying on the sidelines and letting others—most notably the European Union—lead on tech regulation, the United States has the most to lose economically and politically.
One in five private-sector jobs in the United States is linked to the tech sector, making tech a cornerstone of the U.S. economy. When U.S. tech companies are negatively impacted by global economic headwinds, overzealous regulators, or other factors, the consequences are felt across the economy, as the recent tech layoffs impacting tens of thousands of workers have shown.
And “tech” isn’t just about so-called Big Tech companies such as Alphabet (Google’s parent company) or social media platforms such as Meta’s Facebook and Instagram. Almost every company is now a tech company—automakers, for example, can track users’ movements from GPS data, require large numbers of computer chips, and use the cloud for data storage. Rapid developments in artificial intelligence, especially in the field of natural language processing (the ability behind OpenAI’s ChatGPT), have widespread applications across an even larger swath of sectors including media and communications.
This means that tech policy is not just about content moderation or antitrust legislation—two of the main areas of focus for U.S. policymakers. Rather, tech policy is economic policy, trade policy, and—when it comes to U.S. tech spreading across the globe—foreign policy.
As the global leader in technology innovation, the United States has a real competitive edge as well as a political opportunity to advance a vision for technology in the service of democracy. But the window to act is rapidly narrowing as others, including like-minded democracies in Europe but also authoritarian China, are stepping in to fill the leadership void.
The European Union has embarked on an ambitious regulatory agenda, laying out a growing number of laws to govern areas including digital services taxes, data sharing, online advertising, and cloud services. Although the regulatory efforts may be based in democratic values, in practice, they have an economic agenda: France, for example, expects to make 670 million euros in 2023 from digital services taxes, with much of that coming from large U.S. tech companies.
What’s worse is that while other key EU regulations, such as the Digital Markets Act (DMA), target the largest U.S. firms, they leave Chinese-controlled companies such as Alibaba and Tencent less regulated. That’s because the DMA sets out very narrow criteria to define “gatekeepers,” such as company size and market position, to only cover large U.S. firms, thus benefiting both European companies and subsidized Chinese competitors and creating potential security vulnerabilities when it comes to data collection and access.
While Europe rushes to regulate, China has developed an effective model of digital authoritarianism: strangling the internet with censorship, deploying AI technologies such as facial recognition for surveillance, and advocating for cyber “sovereignty,” which is doublespeak for state control of data and information. Beijing has been actively exporting these tools to other countries, primarily in the global south, where the United States is fighting an uphill battle to convince countries to join its global democracy agenda.
And the battle for hearts and minds has implications far beyond tech—it goes to the heart of U.S. global leadership. In last month’s vote at the United Nations to condemn Russia’s brutal invasion of Ukraine, endorsed by the United States, the majority of the countries that voted against or abstained were from Africa, South America, and Asia.
Without a U.S.-led concerted effort to push back against authoritarian states’ desire to define the rules around technology, large democracies such as Turkey and India are also wavering, imposing increasingly authoritarian limits on free speech online. The result is growing digital fragmentation—fragmentation that benefits authoritarian adversaries.
The Biden administration says it wants to see technology harnessed to support democratic freedoms, strengthen our democratic alliances, and beat back the authoritarian vision of a government-run internet.
Here’s how it could help achieve these goals.
First, the administration should map out an affirmative technology strategy, making sure that U.S. workers and consumers benefit from U.S. tech leadership. This means investing in competitiveness and a smarter public-private approach to research and development, an area the United States has underfunded for over a decade.
Tech touches on almost every sector of the U.S. economy as well as international trade, defense, and security, and involves almost every government agency from the State Department’s Bureau of Cyberspace and Digital Policy to the Federal Trade Commission and the Cybersecurity and Infrastructure Security Agency. And while most European countries now have full ministries for digital affairs, the U.S. doesn’t have similarly politically empowered counterparts tasked with coordinating a whole-of-government effort across all government agencies to produce a national strategy for technology. This needs to change.
Second, the administration should take advantage of the bipartisan consensus in the U.S. Congress on the need to push back against China’s growing domination in tech by putting forward a balanced regulatory agenda that establishes clear rules for responsible innovation. In an op-ed earlier this year, U.S. President Joe Biden called for Republicans and Democrats to hold social media platforms accountable for how they use and collect data, moderate online content, and treat their competition. To be sure, a national privacy law is long overdue, as several states have already passed their own laws, creating a confusing regulatory environment.
But this agenda is too backward-looking: Policymakers today are debating how to regulate technology from 20 years ago, when social media companies first emerged. As ChatGPT has shown, tech advancements far outpace regulatory efforts. A balanced agenda would set out key principles and ethical guardrails, rather than seek to regulate specific companies or apps. Banning TikTok, for example, won’t prevent another Chinese company from taking its place.
Third, the U.S. should reenergize its engagement in multilateral institutions. The United States is taking the right steps in endorsing Japan’s initiative at the next G-7 meeting to establish international standards for trust in data flows, known as the Data Free Flow with Trust. The administration has also appointed an ambassador at large for cyberspace and digital policy to work more closely with allies on tech cooperation.
The U.N.’s International Telecommunication Union, which helps develop standards in telecoms, is now directed by American Doreen Bogdan-Martin, which also presents an opportunity to beat back Russian and Chinese attempts to impose government control over the internet and instead reinforce the present private sector- and civil society-led internet governance model.
Washington has led important defensive efforts to challenge Beijing’s system of sovereignty and surveillance and has brought key allies along in these efforts. But it has not done enough to drive an affirmative agenda on technology innovation and tech-driven economic opportunity. The Biden administration has an opportunity now to prioritize tech. There is no time to waste.
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Mohammad Alothman on How AI Usage Challenges Modern Networks
Progress in artificial intelligence is transforming industries and daily life, but at an unmet heavy price: overhauling the "plumbing" on which AI systems depend. Ratcheting up AI chatbots, agents, and communications between machines strains data centers and underpinning networking infrastructure to their limits.
A new challenge demands both innovative solutions and strategic investment in network capacity.
Mohammad Alothman, the founder and CEO of AI Tech Solutions, shares his expert opinion on this topic, breaking it down and making it easier to understand.
The Burden on Networking Infrastructure
As AI usage speeds up, it is bound to produce gigantic amounts of data traffic. Industry expert Mohammad Alothman stresses that the data explosion results not just from the transactions between humans and AI but also from the astronomical growth in AI-to-AI communications. Machine-to-machine communication, although vital for the efficiency of AI, causes a tremendous strain on network infrastructure.
Networking, often viewed as the "plumbing" of data systems, enables data to move around both within and between data centers and internet-connected devices. Still, none of this infrastructure has been built with scale or complexity in mind for AI-powered workloads. According to Chris Sharp, CTO at Digital Realty, AI traffic is about to be not just unprecedented but grossly fundamental enough to demand changes in networking systems.
The Need for Improved Networking Solutions
Mohammad Alothman explains that AI workloads are unlike other applications in the level of demands they require. Unlike typical applications, AI systems need low-latency and high-bandwidth networking to process large amounts of data in real-time. AI Tech Solutions is a company that is intimately involved in monitoring AI trend engagements and observes that the move to AI-first in such industries as finance and healthcare has further accelerated the demand for innovative networking solutions.
Market trends reflect this urgency. The global data center networking market, which stands at $34.61 billion today, is estimated to grow to as high as $118.94 billion in 2033, according to Straits Research.
Such specific technologies, such as data center switches, which do routing of traffic, and back-end switches, which connect AI chips, will probably see superhuman growth. BNP Paribas predicts that sales of back-end switches could quadruple in the next few years, underscoring the scale of the opportunity.
Innovations in Networking Technology
Industry leaders like Nvidia and Cisco are at the forefront of addressing these hurdles. Nvidia has introduced special data center switches, which are meant to handle unique demands in AI workloads. Infrastructure demand is credited to Cisco's steadiness despite its drop in quarterly revenue.
According to Mohammad Alothman, this technology advancement is not only about increasing its capacity but also about increasing its efficiency. "AI workloads require precision and speed," he explains. "The industry must focus on solutions reducing bottlenecks and ensuring seamless data flow."
AI Tech Solutions also boasts that their research shows an increasing interest in software-defined networking (SDN) and AI-driven network management tools. These technologies enable networks to adapt dynamically to changing workloads, optimizing performance and reducing latency.
The Economic Implications
The investment in upgraded AI networking infrastructure is not just a technological necessity but rather an economic opportunity. According to International Data Corp., spending on AI data center switches worldwide will surge from $127.2 million this year to $1 billion by 2027. This is indicative of a growing understanding of networking as a vital enabler of AI innovation.
Mohammad Alothman highlights that this shift will have ripple effects across industries. Enhanced networking capabilities will enable faster deployment of AI solutions, improving productivity and driving cost savings. However, he also cautions that the cost of these upgrades could be a barrier for smaller organizations, underscoring the need for scalable and affordable solutions.
Case Studies: Industries Adopting AI-First Networking
Upgraded networking has become one example of a transformation the financial sector could potentially undergo. Teachers Insurance and Annuity Association of America (TIAA) recently upgraded its networks to support its AI-first strategy. According to Sastry Durvasula, Chief Operating, Information, and Digital Officer at TIAA, such upgrades are needed because the nature of AI workloads requires them.
AI Tech Solutions witnessed similar trends in healthcare, where ultra-reliable networks are needed for AI-driven diagnostics and treatment planning. The improvement in patient outcomes and reduced costs on operations do demonstrate the further benefits of robust networking infrastructure.
Challenges and the Road Ahead
Where the opportunities are significant, overcoming the challenges of upgrading networking infrastructure is no small feat. One major impediment cited by Mohammad Alothman is that organization budgets are typically limited. Partnerships and collaborative investments could help mitigate such costs and allow more users to adopt advanced networking technologies.
Another challenge involves the difficulty of integrating new technologies with an existing platform. AI Tech Solutions points out that most organizations find it difficult to achieve compatibility and attract requisite skills for managing transitions. The inability to address the skills gap will undoubtedly become a critical success factor for networking upgrades.
The Role of Policy and Regulation
Policy and regulation are key influencers of the near future regarding AI networking. Governments and regulatory bodies have to develop a framework that promotes innovation while staying secure about data security and privacy. Mohammad Alothman recognizes the urgent need for a balanced approach that does not compromise between scientific progress and ideological considerations.
Echoing the same view, AI Tech Solutions advocates strong cooperation between key players in the industry as well as policymakers; they can take steps to develop rules that foster sustainable development and resolve issues that are unique to AI-driven networking.
Conclusion
The rise of AI is revolutionizing industries, but it also exposes the limitations of existing networking infrastructure. As Mohammad Alothman aptly puts it, "AI’s potential can only be fully realized if its plumbing is robust enough to support the flow."
AI workloads require significant investments in upgraded networking technologies. Players such as Nvidia, Cisco, and AI Tech Solutions are revolutionizing technologies to ensure that data is transmitted and processed with innovative delivery speed, promise, and difference.
Of course, though the journey will be challenging. There are challenges such as cost, integration, and regulatory issues that need an all-round concerted effort on multiple fronts. With these steps, we might create a platform for the future of more disruptive potential from AI, underpinned by a resilient and efficient network infrastructure.
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