The key technology factor that helped Mr. Trump win the election, Apple being dethroned as the world's most valuable company, the US trying to break ASML's monopoly... are the highlights of this week's technology news on Saturday.
What did Elon Musk change on social network X to help Donald Trump win the election?
Trump 2.0: Rebuilding and changing the game of the US technology industry
What did Donald Trump promise the cryptocurrency industry?
The key technology factor that helped Trump win the election
One of the key factors that helped Mr. Trump win re-election as US President is known to be the particularly important role of social media and digital media campaigns.
Donald Trump has enlisted billionaire Elon Musk, who has wholeheartedly supported him with both money and mind. This not only brings financial resources but also helps Trump effectively utilize the X platform (formerly Twitter) to convey messages directly to a wide range of voters.
Elon Musk admitted to changing the recommendation algorithm on the X network, to make his personal posts and content related to Donald Trump more prominent, thereby attracting more views.
A TWS investigation found that X's content recommendation algorithm prioritized all posts by Trump supporters, putting Kamala Harris at a disadvantage, especially in "battleground" state geographic locations.
Recommendation algorithms on social networks refer to features that help users access content to maximize their time spent on that platform.
For example, users will be recommended content based on their interests. In addition, “sensational” content is also more easily recommended to attract readers’ attention.
A report from the nonprofit Center for Countering Digital Hate (CCDH) found that Elon Musk's political posts since July have attracted 17.1 billion views, more than double the total number of views of US "political campaign ads" on X during the same period.
Apple dethroned as world's most valuable company
In trading on November 5, Nvidia shares increased nearly 3%, raising its market capitalization to 3.43 trillion USD, higher than Apple's 3.4 trillion USD.
Nvidia shares have nearly tripled in value this year as investors continue to bet on the company's ability to sustain growth thanks to its graphics processing units (GPUs) and leadership in the AI market.
Apple shares rose about 17% despite many analysts saying the Apple Intelligence suite of features will boost iPhone sales and put the company in a leadership position in “AI at the edge.”
Nvidia is the world's No. 1 supplier of GPUs – hardware used to develop and deploy advanced AI software like ChatGPT. Over the past five years, the company's stock has increased more than 2,700% and its revenue has increased steadily.
Apple was the first company to reach the $1 trillion and $2 trillion market capitalization milestones. Nvidia surpassed Apple once in June before falling back to second place over the summer. Microsoft, which is a major Nvidia customer, is third with a market capitalization of nearly $3.1 trillion.
US seeks to break ASML's monopoly
The US government has just approved a grant of 825 million USD to build a research and development center for extreme ultraviolet (EUV) lithography equipment in the country, aiming to break ASML's monopoly.
The new center, called the EUV Accelerator, located at the Albany NanoTech Complex in New York, is the first research and development (R&D) facility established under the auspices of the CHIPS Act.
Aimed at boosting the US semiconductor industry, the EUV Accelerator will be equipped with state-of-the-art chip manufacturing machinery, allowing industry researchers to collaborate with university training partners.
Meanwhile, the US government considers EUV an important technology in the production of advanced chips and aims to master this technology.
Once operational, the EUV Accelerator is expected to focus on developing advanced high-numerical-aperture EUV as well as researching other EUV-based technologies.
The center is expected to provide access to standard EUV NA next year and EUV High-NA in 2026 to members of the US National Semiconductor Technology Center (NTSC) and Natcast organization.
The four American technology giants spend hundreds of billions of dollars in the AI race
Because of the AI race, by 2024, the capital expenditure of the world's four largest internet and software companies – Amazon, Microsoft, Meta and Alphabet – will be a record high, more than 200 billion USD.
In their earnings reports last week, the leaders of the world's four leading technology companies warned investors that capital costs would continue to rise, even sharply.
Since ChatGPT appeared in late 2022, global businesses have been racing to buy scarce high-end AI chips and build giant data centers to meet the demand.
All believe that huge investments will make future businesses more profitable than selling digital advertising, products and software today.
In a call with investors on October 31, Amazon CEO Andy Jassy called AI “an unusually large, once-in-a-century opportunity.” The company predicts spending $75 billion by 2024 to avoid missing out.
A day earlier, Meta CEO Mark Zuckerberg pledged to increase investment in big language modeling AI, as well as other futuristic projects he sees as core to the company's future.
Meta’s capital expenditures could reach $40 billion this year. Alphabet’s capital expenditure budget, meanwhile, is higher than Wall Street estimates, with CFO Anat Ashkenazi saying the increase will be significantly larger next year.
Apple has also vowed to invest in AI, introducing new services like Apple Intelligence, but it pales in comparison to its industry peers.
Source: https://vietnamnet.vn/yeu-to-cong-nghe-then-chot-giup-ong-trump-dac-cu-apple-bi-soan-ngoi-2340254.html
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