From Yahoo Finance: 2025-04-17 21:41:00

In the latest move to curb China’s AI advancements, the Trump administration is considering penalties to prevent China’s DeepSeek from acquiring U.S. technology. DeepSeek, known for its cost-effective AI models, prompted the U.S. to tighten controls on tech investments. Nvidia, a key player, faces scrutiny for supplying chips to DeepSeek despite export controls.

The U.S. House Select Committee on China has demanded answers from Nvidia regarding sales to China and Southeast Asia, questioning how its chips powered DeepSeek’s AI models despite export restrictions. The tightened export rules to China are set to impact AI chipmaker Nvidia, anticipating a $5.5bn cost due to the need for licenses to export its popular H20 AI chip to China.

Taiwan Semiconductor Manufacturing Company (TSM) remains optimistic about AI revenue doubling in 2025 despite tariff uncertainties. TSM, a major player in AI chip manufacturing, anticipates mid-20% growth this year and a significant increase in AI revenue. CEO C. C. Wei noted stable customer demand for high-end chips crucial for AI development amid tariff concerns.

Amid the ongoing AI stock surge, TSM ranks 5th, with promising growth potential. While TSM is a solid investment, other AI stocks may offer greater returns in a shorter period. Consider exploring alternative AI stocks for higher potential gains. Check out our report on the cheapest AI stock with massive upside potential for a more promising investment opportunity. 1. The stock market experienced a significant drop today, with the S&P 500 falling by 2.5% and the Dow Jones Industrial Average dropping by 3%. This was due to concerns over rising inflation rates and the possibility of the Federal Reserve raising interest rates sooner than expected.

2. In international news, tensions between Israel and Palestine have escalated, with both sides exchanging missile strikes. Over 100 Palestinians have been killed, including many civilians, in the conflict. The United Nations has called for an immediate ceasefire to prevent further loss of life.

3. The COVID-19 pandemic continues to impact countries around the world, with India reporting over 400,000 new cases in a single day. Hospitals are overwhelmed, and oxygen supplies are running low. The government is facing criticism for its handling of the crisis and lack of adequate response.

4. In sports news, the NBA playoffs are in full swing, with several teams vying for a spot in the finals. The Los Angeles Lakers and Brooklyn Nets are considered top contenders, but face tough competition from teams like the Phoenix Suns and Milwaukee Bucks. Fans are eagerly watching the games unfold.



Read more at Yahoo Finance: Taiwan Semiconductor Manufacturing (TSM) Expects AI Revenue to Double in 2025 Despite Tariff Uncertainty