Tag: AI

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The United States has announced a $11.5 billion arms deal with Taiwan. The deal would include medium range missiles, howitzers, and drones.

The Taiwan government has pledged to raise defense spending 3.3% of the gross domestic product next year and reach 5% by 2030.

Trump requested they spend 10%, but the demand was pushed back by Taiwan’s KMT party and some of the population.

I think its important to note that Taiwan is home to the largest chip manufacturer TSMC. (Taiwan Semiconductor Manufacturing Company)

TSMC is responsible for over 60% of chips in the entire world and is one of the sole providers for chips in the AI field.

My interpretation here is that not only are we bolstering Taiwan’s defense against China, we are also trying to secure the chip supply chain.

References
US announces massive package of arms sales to Taiwan valued at more than $10 billion

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The Magnificent 7 is made up of the following stocks all within the tech sector

  • Apple Inc. (AAPL)
  • Microsoft Corp. (MSFT)
  • Amazon.com, Inc. (AMZN)
  • Alphabet Inc. (Google’s parent company, GOOGL)
  • Meta Platforms, Inc. (formerly Facebook, META)
  • Nvidia Corp. (NVDA)
  • Tesla, Inc. (TSLA) 

These stocks made up 33% of the S&P 500 total market cap in 2024 and that continues to grow.

The secondary concern is the heavy investment in AI these companies will be doing in 2026. If AI doesn’t bring in a big return we could be in for a huge market correction.

##References

Wealthspire- What Are Magnificent 7 Stocks?

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It seems like AI is causing more problems than it solves. Now it is hitting YouTubers with AI moderation that is capable of terminating entire channels.

I didn’t watch the video, but the quote here by MoistCr1TiKaL is profound and something we should think about going forward with AI.

“AI should never be able to be the judge, jury, and executioner.”