JPMorgan CEO: Fed is Right to Hold Steady, Prepared for Rates to Rise to 5%
According to a report by Jinse Finance, JPMorgan CEO Dimon stated that it is correct for the Federal Reserve to remain on hold now. We are fully prepared for interest rates to rise to 5%. The Federal Reserve can attempt to manipulate long-term rates, but such manipulation won't last long. Artificial intelligence may have a deflationary effect, but it will not appear next year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.
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