Sam Altman wants a USD$7T investment in AI infrastructure.
US government wants independent chip production not reliant on Chinese-dominated supply chain.
There are a lot of positive tailwinds for ASM in this context. It's not the same as buying aluminium pots and pans.
https://www.linkedin.com/pulse/rising-tide-ai-computing-chips-demand-rare-earth-metals-j%C3%BCrgen-riedel-4nbhe/
"The AI chip industry's growth is inseparably linked to the production and supply of rare-earth metals. As this sector evolves, understanding the dynamics of rare-earth metal production becomes ever more critical."
ASM Chart Thread, page-10927
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Last
95.5¢ |
Change
-0.010(1.04%) |
Mkt cap ! $172.9M | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | 97.0¢ | 95.0¢ | $233.7K | 244.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6719 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 35505 | 10 |
View Market Depth
| Last trade - 15.07pm 05/06/2024 (20 minute delay) ? |
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Last
95.5¢ |
Change
-0.010 ( 0.61 %) |
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| Open | High | Low | Volume | ||
| 95.0¢ | 97.0¢ | 95.0¢ | 15149 | ||
| Last updated 14.21pm 05/06/2024 ? | |||||
| ASM (ASX) Chart |