Reported 8 months ago
In a recent interview with Xie Jinhe, the Chairman of CaiXin Media, he mentioned the significant impact of AI on the tech and semiconductor stocks. With Microsoft, Apple, and Nvidia collectively valued at $9.881 trillion, Xie pointed out that whoever controls AI will control the world. Taiwan's TSMC is becoming a stable pillar in the world, surpassing other Chinese tech giants. The rise of AI is introducing new elements of competition globally, with companies like Microsoft, Apple, and Nvidia each surpassing a market value of $3 trillion, showcasing a new era in the stock market. Their combined value approaches that of the entire Chinese stock market, signaling a significant economic gap between China and the US. The semiconductor industry is also on the rise, surpassing traditional market indices, indicating a new era for the sector.
Source: YAHOO