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Mike Sheppard

๐Ÿ‘ค Speaker
26 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Nvidia Shares Fall on Reports of Google Competition

already has put a significant investment in production of chips.

Bloomberg Tech
Nvidia Shares Fall on Reports of Google Competition

that would be needed for artificial intelligence.

Bloomberg Tech
Nvidia Shares Fall on Reports of Google Competition

And that is the Chips and Science Act of 2022 that put tens of billions of dollars in loans and grants and other support, including tax incentives to support the development of a chip industry domestically that would help artificial intelligence take hold and gain ground and lead the world, as President Biden and President Donald Trump now say they would like the US to do.

Bloomberg Tech
Nvidia Shares Fall on Reports of Google Competition

Now, we are seeing companies like OpenAI push for further investment to support data centers, and that would include extending some of those tax credits to data centers.

Bloomberg Tech
Nvidia Shares Fall on Reports of Google Competition

So it will be interesting to see how this develops and whether more of those tax credits will go to some of those AI projects.

Bloomberg Tech
Nvidia Shares Fall on Reports of Google Competition

Just, Kara, as we are wrestling with those questions of whether we are seeing too much money going into this space.

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