Apr 15, 2025 (The Australian - ABIX via COMTEX) --
The US tariff gymnastics are driving fundamental global change. But there is an even greater change ahead - a technology transformation which goes to the heart of the US stock market. What began as a sanctions war has evolved into something Washington never planned - a technological divergence. The top five US technology firm account for over $US12 trillion in market capitalisations, but their valuations are tethered to the long-term dominance of architectures based on silicon chips. These architectures are about to be challenged by China, which has ramped up research into photonic and neuromorphic chips in recent years. The US Department of Energy spent just $US147m on photonics in 2024, while China's National Natural Science Foundation allocated $US1.3bn to this technology..
Publication Date: 16 April 2025
UNITED STATES. DEPT OF ENERGY
CHINA. NATIONAL NATURAL SCIENCE FOUNDATION
COMTEX_464588875/2229/2025-04-15T18:05:40
By Robert Gottliebsen
Copyright 2025 Roy Morgan Research. All Rights Reserved.
