Cheryl Casone and Rob Thummel discuss reports of Apple testing China’s CXMT memory chips for iPhones and Macbooks as Beijing unleashes $28 trillion to challenge the United States in the artificial intelligence race.
Cheryl Casone and Tortoise Capital senior portfolio manager Rob Thummel analyze reports that Apple is testing memory chips from Chinese semiconductor company CXMT. They discuss China’s massive twenty-eight trillion dollar capital market push to rival the United States in the artificial intelligence race. Thummel argues that low-cost energy will ultimately help the U.S. maintain its lead.
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