AI Supply Chain War: Those with pricing power are raising prices, and profits are being divided among three countries. Europe is now even unfit to be fuel.
🇺🇸 United States: Computing Power Hegemony + Closed-Source Ecosystem > Nvidia's market value at the end of 2022 was about $300 billion, now exceeding $4.3 trillion, a 14-fold increase > Claude, GPT remain the strongest models, maintaining high prices of $5+/million tokens 🇰🇷 South Korea: HBM Memory Lifeline > Without HBM, Nvidia's GPUs are useless > South Korea holds two of the top global positions: Samsung and SK Hynix > SK Hynix's operating profit margin in 2025 is 49% > KOSPI has risen about 50% since early 2026, the top gain in global stock markets 🇨🇳 China: Open Source Bloodletting + Cutting Off Upstream > DeepSeek dropped to $0.028/million tokens, only 1/180 of GPT > Zhipu and MiniMax have launched in Hong Kong stocks first, using international capital to subsidize users, pushing tokens to floor prices > In upstream small metals and rare earths, tungsten prices surged nearly 5 times, Xianglu Tungsten Industry up 485%, China Tungsten High-tech up 478%
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AI Supply Chain War: Those with pricing power are raising prices, and profits are being divided among three countries. Europe is now even unfit to be fuel.
🇺🇸 United States: Computing Power Hegemony + Closed-Source Ecosystem
> Nvidia's market value at the end of 2022 was about $300 billion, now exceeding $4.3 trillion, a 14-fold increase
> Claude, GPT remain the strongest models, maintaining high prices of $5+/million tokens
🇰🇷 South Korea: HBM Memory Lifeline
> Without HBM, Nvidia's GPUs are useless
> South Korea holds two of the top global positions: Samsung and SK Hynix
> SK Hynix's operating profit margin in 2025 is 49%
> KOSPI has risen about 50% since early 2026, the top gain in global stock markets
🇨🇳 China: Open Source Bloodletting + Cutting Off Upstream
> DeepSeek dropped to $0.028/million tokens, only 1/180 of GPT
> Zhipu and MiniMax have launched in Hong Kong stocks first, using international capital to subsidize users, pushing tokens to floor prices
> In upstream small metals and rare earths, tungsten prices surged nearly 5 times, Xianglu Tungsten Industry up 485%, China Tungsten High-tech up 478%