Cramer says China faces challenges now that the U.S. market for A.I. chips is expanding

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

CNBC's Jim Cramer discussed on Wednesday the challenges China is facing now that the U.S. market for chips used by AI software is heating up.

which currently dominates the market. But the U.S. government has blocked exports of these powerful semiconductors to China, and Cramer doesn't think China's homegrown semiconductor companies can keep up with U.S. production, especially with AMD now joining the fray.

"Without these chips, China simply can't build out the kind of artificial intelligence that the western world's embracing," he said. China has become weak after two presidents heavily dampened its trade with the U.S., Cramer said, noting that it has fallen behind Mexico and Canada in recent trade figures. He thinks it will take an enormous stimulus package — much larger than what the government is"I think things are getting desperate in China: they can't grow, they're being left behind in tech — can't even steal these high-end super chips anymore," Cramer said.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Jim Cramer sees a narrowing market ahead, following Fed's rate hike pauseCNBC's Jim Cramer debriefed investors following the Federal Reserve decision on Wednesday, predicting a narrow market ahead.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Cramer foresees a broadening market: 'The strength away from tech is undeniable'CNBC's Jim Cramer told investors on Monday the market is ripe with untapped potential outside of the market's tech top performers.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

As the market rallies outside of tech and inflation cools, Cramer says it may be too late for some to get in on the actionCNBC's Jim Cramer spoke on Tuesday about the market's rally outside the tech sphere as well as this morning's soft consumer price index report.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »