The world of artificial intelligence (AI) is changing. The US has allowed Nvidia to send powerful AI chips to China. At the same time, investors want to see real profits from tech companies. These two things together suggest a shift. We might be moving away from just being excited about AI. Now, people want to see if AI can make money and how it affects competition.
For the last two years, AI has helped the stock market grow a lot. But this time of high hopes is ending. Investors are now looking for companies that can make money now. They want profits, not just future promises. The recent financial reports show this. Some big tech companies are doing well with their AI spending. Others are not. Companies like Google, Amazon, and Microsoft have different results. Tesla's AI plans are also being watched closely.
The US government recently said Nvidia can send its H200 AI chips to some companies in China. This is a big change for AI investments around the world. We do not know all the details. But allowing these powerful chips into China will change how companies compete. Chinese developers have already made good AI services with older chips. They used smart software and lots of data. With the new H200 chips, they can develop AI faster and cheaper. This means more competition globally.
Nigel Green, the CEO of deVere Group, said this change affects how people think about AI leadership. He also said that the AI excitement is ending. Investors are now focused on companies that are strong and can last. They are asking if companies can keep growing by relying on future AI profits. Everyone is waiting for Nvidia's next report. It will show how the company is doing. It will also give us clues about the whole AI market. Companies that can prove they make money from AI will do best in this new phase.