The US Is Trying To Weaken China's Semiconductor Industry: Here's What China Is Doing To Fight Back In AI Race
Portfolio Pulse from AJ Fabino
The U.S. government is considering stringent export restrictions on AI chips to China, which could impact companies like Nvidia Corporation and cause volatility in semiconductor ETFs like VanEck Semiconductor ETF, Global X Robotics & Artificial Intelligence ETF, and Pacer Data and Digital Revolution ETF. The restrictions could potentially lead China to bolster its own semiconductor industry.
June 28, 2023 | 8:35 pm
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NEGATIVE IMPACT
The Global X Robotics & Artificial Intelligence ETF could experience volatility due to the proposed export restrictions on AI chips to China.
The proposed export restrictions could impact the AI and robotics industry, causing volatility in ETFs like BOTZ that have exposure to this sector.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
Nvidia, with significant sales in China and Taiwan, could be severely impacted by the proposed export restrictions on AI chips.
Nvidia's significant sales in China and Taiwan could be at risk if the proposed export restrictions come into effect. This could negatively impact the company's revenues and profitability.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
The VanEck Semiconductor ETF could see volatility due to the proposed export restrictions on AI chips to China.
The proposed export restrictions could impact the semiconductor industry, causing volatility in ETFs like SMH that have exposure to this sector.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
The Pacer Data and Digital Revolution ETF could see volatility due to the proposed export restrictions on AI chips to China.
The proposed export restrictions could impact the digital revolution industry, causing volatility in ETFs like TRFK that have exposure to this sector.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80