You say that China is engaged in anti-monopoly, and the United States will come up with a quantum chip to sing the right game? This game between technology and finance is really convincing! Listen to me slowly.
No, China has just started on NVIDIA's AI chips, and an anti-monopoly investigation order is like a heavy punch, directly hitting the seven inches of this "AI chip brother". The Wall Street Journal analyst put it bluntly: "This is a bolt from the blue for Nvidia!" "Indeed, you think, China is a big customer of NVIDIA, and if this stick continues, the performance in 2025 will take a big dive.
But the Yankees aren't vegetarians either. Before China was done, Google announced their quantum chip, Willow, in a high-profile manner. This operation is like preparing a "back hand" in advance. Bloomberg reports that the new quantum chip claims to be able to do in less than five minutes what would take a traditional computer hundreds of millions of years to do. Although this is a bit of a brag, but it can't stand up to the technical strength of others is really hardcore!
Speaking of which, let's talk about the current situation of the United States. On the surface, the U.S. stock market is called a scene, and the Dow Jones index hits new highs every day. But insiders know that this is like a loser wearing brand-name clothes, looking glamorous, but in fact he is already in debt. According to the U.S. Treasury Department, interest on debt payments alone accounts for almost a quarter of tax revenues.
Look at the financial predators on Wall Street, they have been playing high lately! According to the Financial Times, the number of complex financial products they sell has reached $380 billion, the highest since the '08 financial crisis. The "stock god" Buffett couldn't stand it anymore, and warned many times that this was "playing with fire".
Therefore, the release of Google's quantum chip may be the next big game of chess for the US government. Morgan Stanley's chief analyst pointed out that this is not only to hedge against the advantages that may be lost in the field of AI, but also to give a shot in the arm to the crumbling financial system.
To put it bluntly, the United States is now walking a tightrope, keeping the stock market high to prevent capital flight, and dealing with the growing challenge from China. Former Treasury Secretary Summers recently said: "This situation is even more dangerous than it was during the '08 financial crisis." ”
So what should we ordinary people do? Lin Yifu, a well-known economist, suggested: Now the market is like a roller coaster, and it cannot be stabilized. If you want to invest, you have to learn to "peach in your left hand and arsenic in your right hand", which means putting your eggs in different baskets.
This science and technology finance contest between China and the United States is, to put it bluntly, "you come and go, fists and feet". But in the end, who can have the last laugh depends on whose strength is harder and has more stamina. As The Economist magazine put it: "This is not only a technology race, but also a life-and-death battle that will determine the future of the global financial landscape." ”