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View all search resultsAsian markets rallied Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to hopes for a December interest rate cut.
China raised concerns over potential security risks in Nvidia's H20 artificial intelligence chip, casting uncertainty over the US company's sales prospects in China weeks after a US export ban was reversed.
While tech execs and researchers acknowledge that China's DeepSeek has gone a long way to leveling the AI playing field, especially for emerging economies, they suggest Indonesia still needs substantial investment in supporting infrastructure and local talent to narrow the gap in AI research and development.
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