Washington also wants allies to make it more difficult for companies from third countries to supply China with goods containing technology produced in Japan, South Korea or the Netherlands.
According to Kevin Wolf, an export control expert at law firm Akin Gump, to make control measures more effective and create a level playing field for the US, allies need to ban domestic companies from providing services. Supports advanced chip manufacturing in China.
Financial Times commented that the US is increasingly concerned about the pace of advanced chip development by Chinese corporations despite tighter US control.
TSMC is about to produce advanced super chips
At the North American Technology Symposium in California on April 24, TSMC announced a series of new production and packaging processes for future chip models, A16 technology that the company affirmed will serve the world. The next innovative AI system.
Chips manufactured using new technology will serve high-performance computing systems, with the ability to improve speed by 8-10% compared to the current N2P process, while reducing consumption by 15-20%. energy.
TSMC plans to produce 1.6 nm chips from 2026.
A16 technology is expected to be introduced into TSMC’s 1.6 nm chip manufacturing process from 2026.
Previously, Intel also proposed a plan to add new processes such as Intel 3, 18A and 14A, of which the most advanced is 1.4 nm, with the goal of surpassing TSMC. According to Nikkei Asia, only TSMC, Intel and Samsung are companies that can continue to invest money to produce advanced transistors and promote chip production to new heights.
Meta lost 200 billion USD in capitalization
Meta has just announced its first quarter business results with revenue increasing 27% to 36.46 billion USD, net income more than doubling to 12.37 billion USD compared to the same period in 2023.
During the event reporting Meta’s business results online, Mark Zuckerberg diligently talked about AI, metaverse, virtual reality glasses and the company’s own operating system…
According to CNBC, investors don’t care about those things. Meta shares fell as much as 19% in trading on April 24, wiping out $200 billion in market capitalization, even as Meta reported better-than-expected revenue and profits for the first quarter.
In 2023, Facebook shares nearly tripled and despite falling 19% on April 24, in 2024 alone, it also increased in price by 40%, reaching a peak of 527.34 USD at the beginning of the month. After a “bruising” 2022, when the company lost two-thirds of its value, Zuckerberg seems to have regained the trust of Wall Street.
CEO Meta reassures investors that if they are willing to “get on board” and stick around for a long time, they will be rewarded handsomely.