Abhijit Athavale's Blog

The Joe Biden administration recently announced a new round of sanctions on China in an attempt to choke off access to AI and Semiconductor technologies developed by US and allied companies.  Will these sanctions affect India? My thoughts below: Let's first look at the sanctions at a high level. If you want details, this report by Gregory C Allen of CSIS does a phenomenal job. Additionally, a  Wall Street Journal article , and a Twitter thread by Jordan Schneider, an analyst at  @rhodium_group   on China and technology sheds light on the fate of American executives working in Chinese AI and Semiconductor companies.  From the CSIS report: t he policy first disclosed on September 1st this year was incomplete.  On October 7th, t he Biden administration announced a massive  policy shift  on semiconductor exports to China as well as  revised rules  for how the lists of restricted parties are managed. The revised rules require Chinese en...

 This is a repost from my old wordpress blog. I am planning to shut it down. Are we really out of the most dreaded recession after the great depression and on our path to recovery? The answer might be a resounding yes if we look at the recent crop of earnings reports from technology companies, and other data emerging from market analysis firms. In fact, the NASDAQ composite is already into deeply positive territory on the expectations of an imminent recovery. However, a quick dissection of recent earnings announcements from a few prominent semiconductor companies shows that we are not out of the woods yet. The chart above shows that sales numbers are still horribly bad compared to last year, and inventories have declined sharply as well. This means that companies have managed to satisfy the underlying demand by using up their inventories, and will or already have started ordering replacement units from fabs. This explains why the fabs have reported better numbers than the...