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US Allows 10 Chinese Firms to Buy Nvidia H200 Chips
The US has authorized about 10 Chinese companies, including Alibaba, Tencent, and ByteDance, to purchase up to 75,000 Nvidia H200 chips each under US licensing rules.
These chips are critical for AI development, but China has imposed restrictions on buying foreign hardware since January and plans to continue supporting its emerging domestic production.
China sees the US move as a way to control its main competitor by limiting chip supply to maintain Nvidia's influence and revenue without ceding full technological advantage.
The AI race is no longer just about models but about controlling supply chains.
#Macro Insights#
The US has authorized about 10 Chinese companies, including Alibaba, Tencent, and ByteDance, to purchase up to 75,000 Nvidia H200 chips each under US licensing rules.
These chips are critical for AI development, but China has imposed restrictions on buying foreign hardware since January and plans to continue supporting its emerging domestic production.
China sees the US move as a way to control its main competitor by limiting chip supply to maintain Nvidia's influence and revenue without ceding full technological advantage.
The AI race is no longer just about models but about controlling supply chains.
#Macro Insights#
$BTC is pumping after Trump said that Xi wants to see the Strait of Hormuz open.
He also said China will not give military equipment to Iran.
He also said China will not give military equipment to Iran.
$PENDLE had an insane rally in the last few days.
But now it has reached a key resistance level, so it's probably time to be cautious.
But now it has reached a key resistance level, so it's probably time to be cautious.
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