Nvidia sells $11 billion of next-gen Blackwell AI chips in 'fastest product ramp in our company’s history'

Nvidia stock drops as new China chip smuggling report raises investor fears on further export scrutiny

Nvidia (NVDA) stock fell as much as 5% early Monday as reports surfaced of the tech giant’s AI chips reaching China despite export controls. The Wall Street Journal reported late Sunday that Nvidia’s AI latest Blackwell chips are reaching China through third party resellers using entities registered in nearby regions, in violation of export controls….

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China’s trade moves against US show it’s ready to fight back but willing to make a deal

China’s trade moves against US show it’s ready to fight back but willing to make a deal

Observers said China’s retaliatory moves in response to US tariffs showed Beijing’s readiness to face escalating trade tensions along with its desire to achieve more at the negotiation table. Analysts said that compared with the immediate relief the US granted to its neighbours by delaying tariffs on Mexican and Canadian goods, Washington might take a…

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Biden takes a last aim at China’s hi-tech ambitions with new chip restrictions

Biden takes a last aim at China’s hi-tech ambitions with new chip restrictions

Washington has unveiled sweeping new regulations aimed at curbing China’s ability to develop advanced semiconductors critical to military technologies, artificial intelligence, and hi-tech weaponry. The measures, announced on Monday by the Commerce Department’s Bureau of Industry and Security, impose export restrictions on 24 types of chipmaking equipment and three categories of software essential for semiconductor…

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