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."
Sam Altman wants a USD$7T investment in AI infrastructure.US...
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Last
$1.02 |
Change
0.020(2.00%) |
Mkt cap ! $183.3M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.05 | 99.0¢ | $532.6K | 521.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50413 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 50187 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.03 |
Change
0.020 ( 2.03 %) |
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| Open | High | Low | Volume | ||
| $1.00 | $1.05 | $1.00 | 125374 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| ASM (ASX) Chart |