Satya Nadella, CEO of Microsoft, bet on AI future by partnering with OpenAI and investing in startups. Analysts see Microsoft as top public cloud leader by 2032.
Nvidia Corp (NVDA) is trading higher as TSMC looks to boost 3nm chip production and competitor Samsung meets with tech leaders to discuss AI and semiconductors. US government may add Russia to semiconductor embargo list.
Ant Group's 2023 research spending of $2.9B for AI development. Models powering Alipay's assistants and expanding globally. BABA stock faces challenges.
Apple, Qualcomm, Nvidia, and AMD have fully booked TSMC's 3nm chip production until 2026 due to high demand for AI technology, prompting TSMC to expand production and global presence.