USA is afraid of growing competition from Huawei. So they will flood the world with Nvidia chips to block Huawei. China must provide subsidies to boost Huawei ascend chip production to gain a foothold in the market before Nvidia can establish a monopoly.
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Trump Administration Rescinds Biden-era AI Chip Export Curbs
The Trump administration plans to rescind the Biden-era AI chip export curbs, as reported by Bloomberg News. This decision is expected to impact the global chip market and involves the removal of restrictions on advanced AI chip exports. Chip shares surged following this news, with the Sox Index rising by 1.3%.
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