Japan invested ¥3.9 trillion in support for its semiconductor industry from fiscal 2021 to 2023, which is a greater proportion of its GDP than the United States or Germany. A report given by the Fiscal System Council, an advisory panel to the Ministry of Finance, shows that the Japanese government has been concentrating investment in
The initial public offering market is showing signs of life again. And the optimism following the strong debuts for Reddit and AI cloud infrastructure company Astera Labs appears to be spreading. Case in point: A closed-end fund that invests in Elon Musk’s SpaceX, Fortnite maker Epic Games, OpenAI, fintech giants Stripe and Chime and other
The U.S. Department of Commerce will award $6.6 billion in grants to support the construction of a U.S. semiconductor manufacturing hub by Taiwan Semiconductor Manufacturing Company (TSMC), the leading semiconductor chip manufacturer responsible for producing a majority of the world’s supply. On April 8, President Joe Biden said the CHIPS and Science Act funds will
Abu Dhabi is setting up a technology investment firm targeting deals in artificial intelligence and semiconductors that could surpass $100 billion in assets under management in a few years, according to people familiar with the matter. Abu Dhabi’s new investment firm focusing on AI and semiconductors could surpass $100 billion in assets under management. {{^userSubscribed}}
It might seem at times that investors care more about Jensen Huang than Federal Reserve Chair Jerome Powell. Huang is the longtime CEO of chip maker Nvidia Corp. NVDA , which stole the show last week by blowing away already lofty earnings expectations and leading stocks to new rounds of all-time highs, even as nagging
If you are a serious investor, your sweetheart was likely mad at you on Valentine’s Day. That’s because you were studying the 14,000 different investment positions that hedge fund giant Citadel had at year-end. Every Feb. 14, big money managers are required to file 13F forms with the U.S. Securities and Exchange Commission, revealing many
Published: Dec. 20, 2023 at 7:29 p.m. ET Micron Technology Inc.’s return to revenue growth last quarter as it recovers from the memory-chip downturn was in part due to the boom in AI-related chips, putting more of a spotlight on the chip maker as another potential AI investment. On Wednesday, Micron’s fiscal first-quarter results topped
Opinion: Is Nvidia today’s Cisco? Here’s what Ed Yardeni thinks.
“Is Nvidia today’s Cisco? It’s possible. If so, then it has a lot more upside before it crashes — if it crashes.” Is it possible that the meltup phase of the bull market (which started on Oct. 12, 2022) has begun already — having started following the correction low on Oct. 27, 2023? Yes, it