Trump confirmed today that China is refusing to buy NVIDIA chips because they are developing their own
https://x.com/AlternatNews/status/2055546722147799531
NVIDIA has lost out in China.
When NVIDIA had an unassailable lead, China was buying. It was great business for the US.
Then sanctions stopped the sales. China was forced to develop this new technology and is now almost there. They have already mastered the 5 nm chip technology.
During Trump’s visit, they refused to buy NVIDIA because they intend to compete in the market and maybe even bankrupt them with better, much cheaper products.
Another sanction that has backfired. If you can’t beat them, join them.
posted by Satish Sharma at
15:30
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