There are currently top 3 quantum computing listed companies, their businesses are 100% focused on quantum computing-related fields. There are IonQ, D-Wave, and Rigetti.
China ditch US AI chips and decides to go its own way
China ditch US AI chip, Beijing has required Chinese tech companies to justify orders for H20 chips, promoting domestic alternatives like Huawei and Cambricon. Bloomberg reported that relevant ministries recently issued a notice to domestic companies, advising them to avoid using Nvidia’s H20 chips, designed specifically for the Chinese market, particularly in government and critical infrastructure sectors.
AI investment will only increase because no one can afford to miss out on the Fourth Industrial Revolution
Meta, Microsoft, and Google’s Q2 result, the message was clear: —this is why corporate AI investment is only going to increase, not decrease.
Software hit hard by AI
Software hit hard by AI, seen worldwide, with Morgan Stanley’s index of software-as-a-service (SaaS) stocks trading this month at 23 times expected earnings. That’s half its average over the past decade and the lowest level in Bloomberg data going back to 2014.
Andy Lin’s third US stock book “Investors Beautiful Heaven”, shopping links in US,CA,HK,CN,SG,MY,JP,FR,AU,NL,IN,TW,MX,BR
“Investors’ Beautiful Heaven: how to achieve 23% annual return in 30 years of US stock investing《投資人的美利天堂：30年美股投資，年化報酬23%者的現身說法》” focuses on Andy’s 30-year stock market investment philosophy, exploring how to achieve Buffett-level long-term investment performance. It also explores how Andy achieved an annualized return of 22.76% for 29 consecutive years over the past 30 years.
AI inference chips vs. training chips
AI inference involves unique algorithms designed by each manufacturer, it must be customized. Customized chips are essentially ASICs, so AI inference chips are primarily ASICs.
How does Applied Digital make money?
Applied Digital is able to build a next-generation data center that supports the demands of artificial intelligence and high-performance computing. Its key features are high efficiency, scalability, and low energy costs. Electricity prices in North Dakota, where the company is based, are 24% lower than the national average, significantly reducing operating costs and enhancing its competitiveness.
Fannie Mae and Freddie Mac high possibility to relist soon
US government has decided to take Fannie Mae and Freddie Mac public later this year.
How Robinhood makes money?
Robinhood provides an electronic trading platform that facilitates trading in stocks, exchange-traded funds, options, index options, futures contracts, prediction market outcomes, and cryptocurrencies. It also offers cryptocurrency wallets, wealth management, credit cards, and other banking services.
How staggering are 5 Tech giants’ AI capital expense
Five tech giants’ AI capital expense is projected to approach $400 billion in 2025, even exceeding the EU’s defense budget for the entire year of 2024