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S&P Global: US Chip Restrictions May Raise CN AI Infrastructure Development Costs; Tech Firms Not Expected to Cut AI Investment
2025-04-24 12:07:26 Chinese large tech firms are unlikely to cut AI-related investments, even in the face of US chip restrictions, Christopher Yip, Sector Lead of China Local Government, Infrastructure Ratings at S&P Global Ratings, noted. Chinese AI platform, DeepSeek, was unveiled earlier, and tech companies are improving their AI algorithms and programming to reduce the need for computing resources, Yip added. However, the use of alternative chips may be less efficient and more expensive to operate than Nvidia (NVDA.US)'s products, which could lead to increased costs for AI infrastructure development in China. Yip explained that S&P Global raised the outlooks and ratings of MEITUAN-W (03690.HK), XIAOMI-W (01810.HK), JD-SW (09618.HK) and other individual stocks on the basis that the companies are mainly focused on China's domestic market or have minimal exposure to the US market. Therefore, the direct impact of the tariffs may be minimal for the above companies. ~ AAStocks Financial News Web Site: www.aastocks.com | |