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Softbank's great semiconductor hope Arm isn't the AI play you think it is

The British semiconductor designer isnโ€™t directly involved in the hottest business in town unlike Nvidiaโ€™s GPUs, whose superior parallel processing capabilities made them perfect for training and maintaining AI models. Arm can still benefit from the AI boom thanks to its business designing chips for data centres, but its path to capitalising will take a longer time
United Kingdom Masayoshi Son Grace Hopper Rene Haas Intel Corp Microsoft Corp

GlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing

$1.5 billion potential investment will support the expansion of GlobalFoundries New York facility, including construction of a new state-of-the art fab, and the modernization of its Vermont facility, adding secure capacity for essential chip manufacturing for automotive and other key markets Additional $600 million plus planned in New York State Green CHIPS and other State benefits over the 10-year term of the New York projects MALTA, N.Y. and ESSEX JUNCTION, Vt., Feb. 19, 2024 (GLOBE NEWSWIRE)
United States Saratoga County New York Hudson Valley Community College White House District Of Columbia
Source: yahoo.com

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SMH: This Semiconductor ETF Is Taking the Market by Storm

Semiconductor stocks are taking the market by storm as investors salivate over the long-term potential of AI, and the VanEck Semiconductor ETF (NASDAQ:SMH) is up 67.9% over the past year. But SMH isn’t simply a flash in the pan. The ETF has produced stellar, market-beating results for a long time. I’m bullish on this $14.6 billion ETF from VanEck based on its strong long-term performance, its concentrated portfolio of top semiconductor stocks with Outperform-equivalent Smart Scores...
Lam Research Advanced Micro Devices Spdr Sp Semiconductor Taiwan Semiconductor Applied Materials Smart Score
Source: yahoo.com

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