Singapore is engaged in pivotal discussions with the United States over preferential export terms for its pharmaceutical products while ensuring sustained access to advanced AI chips. This strategic negotiation reflects the broader challenges and opportunities in global trade, as nations strive to protect domestic industries while fostering international cooperation.

SK Hynix $000660.KS, a key supplier of high-performance memory processors for Nvidia $NVDA, reported a quarterly profit surge that more than doubled its previous performance. The robust demand for AI chips has played a central role in this achievement, with indications suggesting that potential US tariffs may only have a limited effect on these specialized products. The company’s positive outlook contrasts sharply with broader concerns in the semiconductor industry about the impact of regulatory pressures on international trade.

Recent statements from Nvidia $NVDA have attracted significant attention from analysts and financial market experts. The company has announced an expected loss of USD 5.5 billion following new US restrictions on the export of its advanced artificial intelligence chip, H20, to China – a key market for its cutting-edge technology. These restrictions are part of a broader US strategy to prevent the sale of the most advanced chips to China, aiming to maintain a competitive edge in the race for artificial intelligence supremacy.