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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
