MediaTek's share price has risen sharply in a short period of time, partly due to increasing attention to the company's role in Google's AI strategy. In two trading days, the share price rose by approximately 19 percent. This brought the Taiwanese chip designer to a new record high on the Taipei stock exchange. The jump in share price follows a period of sustained optimism among investors.
"The CEOs of these companies say, 'It's the embargo on chips that's holding us back,'" Amodei said, incredulous, in response to a question about the new rules. The decision is going to come back to bite the U.S., he warned. "We are many years ahead of China in terms of our ability to make chips," he told Bloomberg's editor-in-chief, who was interviewing him. "So I think it would be a big mistake to ship these chips."
CEO Jensen Huang showed off Cosmos, an AI foundation model trained on massive datasets, capable of simulating environments governed by actual physics. He also announced Alpamayo, an AI model specifically designed for autonomous driving. Huang revealed that Nvidia's next generation AI superchip platform, dubbed Vera Rubin, is in full production, and that Nvidia has a new partnership with Siemens. All of this shows Nvidia is going to fight increased competition to retain its reputation as the backbone of the AI industry.
On Wednesday, shares of MetaX Integrated Circuits Shanghai - a GPU startup founded by former AMD executives - skyrocketed as much as 755% on their first day of trading on the Shanghai Stock Exchange's tech-focused STAR Market, before closing up about 700%. The surge catapulted its chairman and cofounder, Chen Weiliang, into one of China's fastest-rising tech moguls. Chen's stake in MetaX is worth about $6.5 billion, according to the Bloomberg Billionaires Index.
TSMC is the other. TSMC is using its 3nm process, reportedly, while Samsung will do a 2nm as a litmus test for the process. The different versions are due to the fact that 'they translate designs to physical form differently,' CEO Elon Musk said recently. The goal is for the two to operate identically, obviously, which is a challenge. Some might remember Apple's A9 'Chipgate' saga, which found that the chips differed in performance because of different manufacturers.
