#ChinaMayLetAlibabaByteDanceBuyNvidiaChips
๐ค Has the technology war finally started to ease? ๐
Beijing may indeed allow tech giants Alibaba and ByteDance to buy Nvidia RTX PRO 5500 chips ๐ฅ๏ธ๐ค.
But does that mean trade normalization has begun and the sales ban has ended? Not quite! โ ๏ธ
These chips are intended only for workstation devices, which makes them different from the export restrictions on US data-center chip shipments ๐บ๐ธ๐จ๐ณ.
However ๐ this could give Chinaโs AI sector a new boost ๐ค๐.
๐ What should traders do?
Watch currencies and AI-related projects ๐ค, and donโt get swept up by FOMO blindlyโkeep leverage within safe limits โ ๏ธ.
โ Not financial advice.
Please follow up
โฟ $BTC
๐ข $NVDAB
๐ค $FET
#NVIDIA #AI #Alibaba #ByteDance #CryptoTrading ๐
๐ค Has the technology war finally started to ease? ๐
Beijing may indeed allow tech giants Alibaba and ByteDance to buy Nvidia RTX PRO 5500 chips ๐ฅ๏ธ๐ค.
But does that mean trade normalization has begun and the sales ban has ended? Not quite! โ ๏ธ
These chips are intended only for workstation devices, which makes them different from the export restrictions on US data-center chip shipments ๐บ๐ธ๐จ๐ณ.
However ๐ this could give Chinaโs AI sector a new boost ๐ค๐.
๐ What should traders do?
Watch currencies and AI-related projects ๐ค, and donโt get swept up by FOMO blindlyโkeep leverage within safe limits โ ๏ธ.
โ Not financial advice.
Please follow up
โฟ $BTC
๐ข $NVDAB
๐ค $FET
#NVIDIA #AI #Alibaba #ByteDance #CryptoTrading ๐

