Oil, AI and chips: The new resource race redrawing markets and nations - The Economic Times
• Nvidia's surge toward a $5 trillion valuation signals a global paradigm shift where semiconductors have replaced oil as the primary driver of economic power. • The rise of industry giants like TSMC in Taiwan and Samsung in South Korea highlights how mastery of the semiconductor supply chain now defines national strength. • This transition is fueled by the rapid evolution of AI technology, which is fundamentally reshaping global financial stability and market dynamics.
economictimes.indiatimes.com
