🚨 UPDATE: CHINA SCRAPS NEW CHIP RULES $TRUMP • +3.85% 📈 Trump’s Nvidia move lasted just 48 hours before Beijing hit back.
🇨🇳 According to FT, China launched a new approval system — buyers must prove local chips can’t meet their needs before purchasing U.S. H200s.
🛑 This isn’t a tariff… it’s a state-controlled permit wall.
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🔥 Key Points
🗓 Dec 8: Trump announces 25% tax
🗓 Dec 9: Beijing starts restricting U.S. chip buyers
🇨🇳 To buy American chips, Chinese firms must argue Huawei’s Ascend chips aren’t enough
💸 Nvidia made $BTC 12B from China in FY2024 — now stuck behind approvals
🔁 This mirrors the H20 freeze: zero sales, months of delays
⚠️ Every rejected request → strengthens Huawei + exposes gaps in U.S. chip assumptions
🕳 Counterfeit chip pipelines (>$1B this year) get even stronger
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🔮 What’s Next?
Either: 1️⃣ Trump reverses and restores restrictions ✂️ or 2️⃣ U.S. chips enter China through a heavy bureaucracy as Beijing speeds up full chip independence ⚡🇨🇳
🔥 The tech cold war just escalated — and China’s message is clear: “We’re not paying your silicon tax.”
🇷🇺 Putin’s Big Statement on Crypto! "Russia Calling!" forum par Putin ne kaha ke new payment tools ka aana natural hai — inko ban nahi kiya ja sakta. 💻⚡ Bitcoin aur digital payments new technology ka hissa hain, aur yeh evolve hotay rahenge.
💵 Agar global level par dollar ka use kam hota gaya, toh US ki economic power ko nuksan hoga. Putin ne kaha: ❗ “Agar reserves aasani se freeze ho sakte hain toh unka faida kya?”
🌍 Is wajah se bohot se mulk alternative assets, specially cryptocurrencies, ki taraf shift ho rahe hain. Yeh rahe perfect #tags 👇🔥