The key technology factor that helped Trump win the election, Apple was dethroned

The key technology factor that helped Mr. Trump win the election, Apple being dethroned as the world's most valuable company, the US trying to break ASML's monopoly... are the highlights in this week's technology news on Saturday.

What did Elon Musk change on social network X to help Donald Trump win the election?

Elon Musk is said to have changed the recommendation algorithm on the X platform (formerly Twitter) to promote content supporting Donald Trump.

Trump 2.0: Rebuilding and changing the game of the US technology industry

Silicon Valley is preparing for a completely different relationship with Washington as Donald Trump returns to the White House, promising to undo many of his predecessor's policies, not to mention joining him in the company of tech entrepreneur Elon Musk.

What did Donald Trump promise the cryptocurrency industry?

Donald Trump's victory in the 2024 US presidential election signals a brighter future for the global cryptocurrency community.

The key technology factor that helped Trump win the election

One of the key factors that helped Mr. Trump win re-election as US President is known to be the particularly important role of social media and digital media campaigns.

Donald Trump has enlisted billionaire Elon Musk, who has poured his heart and soul into supporting him. This not only provides financial resources but also helps Trump effectively utilize the X platform (formerly Twitter) to convey messages directly to a wide range of voters.

Elon Musk may take a position in the new Trump administration. Photo: The Wrap

Elon Musk admitted to changing the recommendation algorithm on the X network, to make his personal posts and content related to Donald Trump more prominent, thereby attracting more views.

A TWS investigation found that X's content recommendation algorithm prioritized all posts by Trump supporters, to the detriment of Kamala Harris, especially in "battleground" state geographic locations.

Recommendation algorithms on social networks refer to features that help users access content to maximize their time spent on that platform.

For example, users will be recommended content based on their interests. In addition, “sensational” content is also more easily recommended to attract readers’ attention.

A report from the nonprofit Center for Countering Digital Hate (CCDH) found that Elon Musk's political posts since July have attracted 17.1 billion views, more than double the total number of views of US "political campaign ads" on X during the same period.

Apple dethroned as world's most valuable company

Nvidia shares rose nearly 3% in trading on November 5, bringing its market capitalization to $3.43 trillion, above Apple's $3.4 trillion.

Nvidia is the world's largest public company with a market capitalization of $3.43 trillion. Photo: Bloomberg

Nvidia shares have nearly tripled in value this year as investors continue to bet on the company's ability to sustain growth thanks to its graphics processing units (GPUs) and leadership in the AI ​​market.

Apple shares rose about 17% despite many analysts saying the Apple Intelligence feature set will boost iPhone sales and put the “bitten apple” in a leadership position in “AI at the edge”.

Nvidia is the world's No. 1 supplier of GPUs – hardware used to develop and deploy advanced AI software like ChatGPT. Over the past five years, the company's stock has increased by more than 2,700% and its revenue has increased steadily.

Apple was the first company to reach the $1 trillion and $2 trillion market cap milestones. Nvidia surpassed Apple once in June before falling back to second place over the summer. Microsoft, which is a major Nvidia customer, is third with a market cap of nearly $3.1 trillion.

US seeks to break ASML's monopoly

The US government has just approved a grant of 825 million USD to build a research center to develop extreme ultraviolet (EUV) lithography equipment in the country, aiming to break ASML's monopoly.

An ASML factory. Photo: Bloomberg

The new center, called the EUV Accelerator, located at the Albany NanoTech Complex in New York, is the first research and development (R&D) facility established under the auspices of the CHIPS Act.

Aimed at advancing the U.S. semiconductor industry, the EUV Accelerator will be equipped with state-of-the-art chip manufacturing machinery, allowing industry researchers to collaborate with university training partners.

Meanwhile, the US government considers EUV an important technology in the production of advanced chips and aims to master this technology.

Once operational, the EUV Accelerator is expected to focus on developing advanced high-numerical-aperture EUV as well as researching other EUV-based technologies.

The center is expected to provide access to standard EUV NA next year and high-NA EUV in 2026 to members of the US National Semiconductor Technology Center (NTSC) and Natcast.

The four American technology giants spend hundreds of billions of dollars in the AI ​​race

Because of the AI ​​race, in 2024, the capital expenditure of the world's four largest Internet and software companies - Amazon, Microsoft, Meta and Alphabet - will be a record high, more than 200 billion USD.

Microsoft's Copilot+ PC models are on sale at Best Buy. Photo: Bloomberg

In their earnings reports last week, the leaders of the world's four leading technology companies warned investors that capital costs would continue to rise, even sharply.

Since ChatGPT's launch in late 2022, global businesses have been racing to buy scarce high-end AI chips and build massive data centers to meet demand.

All believe that massive investments will make future businesses more profitable than selling digital ads, products, and software today.

Amazon CEO Andy Jassy called AI “an unusually large, once-in-a-century opportunity” on a call with investors on Oct. 31. The company predicts it will spend $75 billion by 2024 to avoid missing out.

A day earlier, Meta CEO Mark Zuckerberg pledged to increase investment in big AI language modeling, as well as other futuristic projects he sees as core to the company's future.

Meta’s capital expenditures could reach $40 billion this year. Alphabet’s capital expenditures, meanwhile, are higher than Wall Street estimates, with CFO Anat Ashkenazi saying the increase will be significantly larger next year.

Apple has also vowed to invest in AI, introducing new services like Apple Intelligence, but it's nowhere near as big as its industry peers.

Trump 2.0: Rebuilding and changing the game of the US technology industry Silicon Valley is preparing for a completely different relationship with Washington when Donald Trump returns to the White House, with a promise to cancel many of his predecessor's policies, not to mention, standing by his side is Elon Musk - a technology entrepreneur.

Source: https://vietnamnet.vn/yeu-to-cong-nghe-then-chot-giup-ong-trump-dac-cu-apple-bi-soan-ngoi-2340254.html