Bursting AI bubble may be EU’s “secret weapon” in clash with Trump, expert says

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Bursting AI bubble may be EU’s “secret weapon” in clash with Trump, expert says

According to Ryan, “Dutch company ASML commands a global monopoly on the microchip-etching machines that use light to carve patterns on silicon,” and Nvidia needs those machines if it wants to remain the world’s most valuable company. Should the US GDP remain reliant on AI investment for growth, von der Leyen could use export curbs on that technology like a “lever,” Ryan said, controlling “whether and by how much the US economy expands or contracts.”

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Bursting AI bubble may be EU’s “secret weapon” in clash with Trump, expert says



Bursting AI bubble may be EU’s “secret weapon” in clash with Trump, expert says

According to Ryan, “Dutch company ASML commands a global monopoly on the microchip-etching machines that use light to carve patterns on silicon,” and Nvidia needs those machines if it wants to remain the world’s most valuable company. Should the US GDP remain reliant on AI investment for growth, von der Leyen could use export curbs on that technology like a “lever,” Ryan said, controlling “whether and by how much the US economy expands or contracts.”

Withholding…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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