INTRO: Memory and chipmaker stocks are falling Thursday as investors bet on an artificial intelligence data center development slowdown… after Democrats won their largest majority in Congress since 2009. Qualcomm president and C-E-O Cristiano Amon (ah-MONE) tells Fox Business’ “The Claman Countdown,” his company isn’t exposed to that risk… and insists demand is still high.
ACK: Cristiano Amon (ah-MONE) – Qualcomm CEO and President
***MANDATORY CREDIT: “The Claman Countdown” on Fox Business Network***
TAG: This comes as Qualcomm signs a deal to supply equipment for Space-X’s upcoming Starlink Mobile 5-G Network. Congresswoman Yassamin Ansari (D-AZ) is urging colleagues to support a ban on A-I superintelligence while Senator Bernie Sanders (I-VT) calls for an A-I data center moratorium.
KEYWORD: Politics, Election, Business, Economy
