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A chip report out of China erased $1 trillion in market value

A report this week that China has begun mass-producing specialty chips key to the AI boom set off a selloff that erased $1 trillion in market value from other chip manufacturers,according to the Guardian. The. . .

By @boingboing · · 3 min read

A chip report out of China erased $1 trillion in market value

A report this week that China has begun mass-producing specialty chips key to the AI boom set off a selloff that erased $1 trillion in market value from other chip manufacturers,according to the Guardian. The same week, the Federal Communications Commission banned humanoid robots from China, alleging they could steal data or surveil US citizens. The bigger split is over free, open-weight Chinese AI models such as Moonshot AI's Kimi K3, powerful enough to stand in for expensive products from OpenAI and Anthropic. Microsoft, Nvidia, Palantir and Meta signed a letter urging lawmakers not to restrict open models; OpenAI and Anthropic call the Chinese models a security risk. Treasury secretary Scott Bessent has suggested sanctioning Chinese AI firms over alleged intellectual property theft, while commerce secretary Howard Lutnick gets letters from startup founders asking him not to cut off access. "We have to be careful in both ways. We don't want to restrict them when all of a sudden we come in second to China," Trump said. Previously:•DeepSeek puts U. S. AI companies in deep trouble•China's flagship GPU isn't fast, but it is popularThe lightbulb that's burned for 120 years draws four wattsA lightbulb in a Livermore, California fire station has burned for more than 120 years, past a million hours, and it is the stock proof that manufacturers once colluded to…READ THE RESTPatronscan's "ultimate bouncer" never forgets a face in San Francisco's gay barsGay bars in San Francisco are installing ID and facial scanners and requiring patrons to give it up if they want to get in, with Cydney Hayes in The San…READ THE RESTA town duct-taped garbage bags over its Flock spy camerasGiven recent events, it's safe to say that in many communities, Flock's creepy, all-seeing automated license plate readers (ALPR) have become as unwelcome as a fart in a space suit. …READ THE RESTGet Word, Excel, PowerPoint, and more for life for less than $5 each with this Microsoft Office licenseDisclosure: Boing Boing earns a commission on purchases made through links in this post. TL;DR: Add fresh tools to an old PC for just $32. 97 with this lifetime license to…READ THE RESTPick up a refurbished 2018 MacBook Air for just $200Disclosure: Boing Boing earns a commission on purchases made through links in this post. TL;DR: This refurbished 13-inch MacBook Air (2018) is now just $199. 97 (reg. $1,199). If you're looking for…READ THE RESTVoibe gives Mac users a much faster way to get words downDisclosure: Boing Boing earns a commission on purchases made through links in this post. TL;DR: Voibe AI Voice Dictation is $79. 99 (reg. $199) with offline voice-to-text, app-wide cursor support, Apple Silicon…READ THE REST

Source: boingboing.net

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