The "now" happening.
Quote of the day.
”… that Terry Gou (Foxconn founder) ranks second only to Deng Xiaoping in transforming China into an industrial behemoth over the previous fifty years. That’s an extraordinary claim, but one backed up even by Gou’s rivals. “The reason Shenzhen is Shenzhen is Terry Gou,” says a high-ranking contract manufacturing executive. “Without his ambition, Shenzhen wouldn’t be the manufacturing power it is.” - Patrick McGee, Apple in China: The Capture of the World’s Greatest Company
Trump plans to announce semiconductor tariffs as high as 300% this week, citing national security concerns. Companies with U.S. manufacturing commitments like Apple and Nvidia may receive exemptions, while foreign chipmakers TSMC and Samsung face higher exemption hurdles despite U.S. investments. The tariffs could increase consumer prices and slow economic growth by 0.76% over ten years. Intel is among the few who stands to benefit as companies may shift to domestic foundries, recently receiving a $2 billion SoftBank investment.
Original article: link
The White House is finalizing a deal to convert Intel’s $10.9 billion Chips Act subsidies into a 10% government equity stake without voting rights, marking an unprecedented arrangement to boost domestic chip manufacturing while ensuring taxpayer benefit.
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SoftBank Group will invest $2 billion in Intel at $23 per share, acquiring approximately 2% of the chipmaker. The deal aligns with Trump administration efforts to boost U.S. semiconductor production and follows SoftBank’s $500 billion Stargate AI project announcement. CEO Masayoshi Son emphasized semiconductors’ foundational role across industries, while Intel CEO Lip-Bu Tan highlighted their longstanding relationship. The investment complements SoftBank’s recent chip sector acquisitions including Graphcore and Ampere Computing, potentially creating synergies between Intel’s fabrication capabilities and SoftBank subsidiary Arm’s chip designs.
Original article: link
There are some very interesting trend for Generative AI uses according to an article on HBR:
Original article: link