00:00ByteDance, Alibaba and Tencent have ordered more than 3 million of NVIDIA's new RTX Pro 5500 graphic cards
00:08with a collective sticker price of over $35 billion, which is RM142.9 billion.
00:15Two people familiar with the matter say in a rush for a less powerful bird exports compliant chip
00:20amid US restrictions on trade with China.
00:23US-based chipmaker NVIDIA has told customers and partners it cannot guarantee that it can fail the orders
00:30because demand from Chinese technologies companies far exceeds planned productions,
00:35the two sources and a third person familiar with the matter said.
00:39They requested anonymity because they are not authorised to speak to the media.
00:45Apple said on Tuesday it has committed to purchasing up to $100 million of titanium
00:50over three years from a Pennsylvania-based company as part of the iPhone maker's push
00:55to expand manufacturing in the United States.
00:58The purchase agreement with Ferryman Company, part of Apple's American manufacturing program,
01:04covers titanium for various products, including its first foldable phone, the iPhone Duo.
01:10JP Morgan Chase said it has invested $5 billion in equity in industries critical to U.S. economy
01:18and national security, as banks seeks to capitalise on growing demand
01:23for domestic manufacturing, energy infrastructure and supply chain resilience.
01:28The lender also announced it has financed about $230 billion under its Security and Resiliency Initiative
01:34since launching the effort a year ago when it committed to financing $1.5 trillion
01:40of U.S. investment in the next decade, including in national security.
01:45Large U.S. banks have already been investing in rising demand for AI data centres,
01:51critical minerals and energy infrastructure upgrades,
01:54as President Donald Trump's administration has prioritised growing U.S. infrastructure
02:00to reduce dependence on foreign supply chains in various sectors,
02:04including clean energy and rare earths.
02:07U.S. dollars to reduce dependence on foreign supply chains in various sectors.
02:07U.S. banks, D. And I think this is something that is one of the benefits for us to MACF,
02:08D. And I think this is one of the benefits for us to be able to continue to help
02:08we're doing this, it's a great time to ourselves and help us out.
02:08We'll see one of the best companies that is what we can go from now on our own right now.
