Jensen Huang’s keynote talk at NVIDIA GTC last week was very likely the tip of the iceberg.
Demand for processing units is going up. Going CRAZY up. NVIDIA’s new product releases and recent stock price upsurges reflect that.
But NVIDIA is not the only chip-maker in the US.
The Biden Administration has been investing … on the order of BILLIONS … into US-based chip manufacturers.
Here’s a couple of recent news bits that lay out this theme:
- Geoeconomics Bi-Weekly: A Massive Rare Earth Find, Another CHIPS Grant, and More Sanctions – this one’s important. Significant discovery of rare earths in Wyoming. Add that to the deposits in West Texas. We HAVE the rare earths, but now we need to extract them. And smelt them. And turn them into useable materials. All of this is years away. There WILL be ecological damage, but the need for these US-based rare earths will dominate.
- Biden-Harris Administration Announces Preliminary Terms with GlobalFoundries to Strengthen Domestic Legacy Chip Supply for U.S. Auto and Defense Industries – concurrent with the above; Biden Administration investments – this one at $1.5B to GlobalFoundries.
- The Global Effort to Make an American Microchip – this is a NY Times article; you’ll have to give up an email address to read the whole thing; worthwhile – this gives a BEAUTIFUL dynamic infographic on what it takes, from industries across the world, to make a chip – so the idea of bringing chip-making home to the US is a VERY complex business
AI’s Increasingly Voracious Appetite
We all know that our top AI companies are doing their utmost best to develop their own dedicated chip resources. They just can’t afford to NOT do this.
Here’s a quick summary:
- The Lifeblood of the AI Boom – a fairly generic MSN.com read, but it gives the high points – including whose money is going where. (Always, “follow the money.”)
This is just a quick hit of some important pointers. Flag this blogpost, if you would, because of the links.
Very best to all – AJM