Armor industry is booming: USA and Russia in race around the top!

Armor industry is booming: USA and Russia in race around the top!

USA - In a world full of conflicts, armaments companies experience an enormous upswing. The demand for military goods and services is as high as ever, especially due to the Ukraine War and the recent clashes in the Gaza Strip. According to a report by Kleine Zeitung since 2022, companies have increased their income to over 21 billion dollars since 2022. Israeli armaments companies also benefited from the current conflicts, with an increase in sales of 15 percent. While large companies such as Lockheed Martin and RTX suffer from supply chain problems, smaller armaments companies show a significant increase in efficiency in order to meet the increased demand.

technological growth of giants

At the same time, the semiconductor industry is booming, especially that of Nvidia, which has established itself as the market leader in the area of chips for artificial intelligence. According to the FAZ , Nvidia has increased its turnover by 94 percent to $ 35.1 billion in the last quarter. The company, which was recently recorded in the prestigious Dow-Jones index, sees an incredible demand for its products. CEO Jensen Huang emphasizes that artificial intelligence revolutionizes every industry and that the new Blackwell chips will soon go into mass production, which should continue to drive sales in the coming quarter.

Overall, there is a picture in which military armament and technological innovation are closely linked. While armaments companies are flourishing due to global conflicts, Nvidia sets new standards in AI technology and the demand remains unbroken what makes life difficult for the rivals in the chip business.