Asian chipmaking stocks rise on hopes of easier U.S.-China sanctions*
Taiwan’s TSMC (TW:2330) jumped over 3%, while South Korea’s Samsung Electronics Co Ltd (KS:005930) and SK Hynix Inc (KS:000660) rose 1.6% and 3.7%, respectively, after the Wall Street Journal reported that the three firms will be allowed to maintain and upgrade their chipmaking infrastructure in China.
The three, which are among the biggest chipmakers in the world, had initially gotten a one-year waiver to keep their Chinese infrastructure after the U.S. introduced export controls designed to limit Beijing’s access to the latest chip equipment.
But the WSJ report said that this waiver had been indefinitely extended. All three firms have chip fabrication centers in the country, and rely on it heavily as a market and as a supply chain hub.
The news of the extended waiver quells some concerns over widespread disruption in the chipmaking industry due to the U.S. export controls, which were introduced in late-2022. China had criticized the move, and had also retaliated by banning local sales of U.S. chipmaker Micron (NASDAQ:MU) earlier this year.
Other chipmaking stocks also advanced on Tuesday, with Japanese semiconductor testing equipment maker Advantest Corp (TYO:6857) adding over 5%.
Chipmaking stocks saw a sharp rally in recent weeks, as consensus-beating results from Nvidia (NASDAQ:NVDA) spurred widespread bets that an explosion in artificial intelligence development will fuel more chip demand this year.
A positive forecast from Nvidia largely offset signals on weakening chip demand from major Asian suppliers, who warned that worsening economic conditions in 2023 will dent technology investment.
But AI could offset this trend, particularly with the rising popularity of generative AI tools such as OpenAI’s ChatGPT. AI programs require heavy amounts of computing power to maintain, and in turn fuel chip demand.
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随着这一发展，对芯片制造行业混乱的担忧似乎正在平息。中国和美国一直在玩一场针锋相对的游戏，但现在似乎筹码又回到了原位。让我们不要忘记Advantest Corp。乘着芯片制造的浪潮增加了5%以上。
啊，人工智能，这一切的燃料。随着英伟达的积极预测和ChatGPT等生成性人工智能工具的日益流行，我们将面临芯片需求的爆炸式增长。这些人工智能程序渴望计算能力，这意味着需要更多的芯片。看起来芯片制造行业正在蓬勃发展，乘着人工智能发展的浪潮。