Rigger
@rigger
China vs. Nvidia: A New Strike in the Tech War? 🇨🇳⚡️ China has launched an antitrust investigation into Nvidia, accusing the company of violating the terms of its $7 billion Mellanox acquisition. The main allegations include discrimination against Chinese players and delays in providing new technologies to competitors. Nvidia’s stock has already dropped by 2.5%, but this is just part of a larger conflict. Amid the ongoing chip war, the U.S. restricted Nvidia’s advanced chip exports to China, while China retaliated by banning the export of critical semiconductor materials. For Nvidia, this isn’t just politics — China accounts for 16% of its revenue. Losing access to the market could affect even their impressive performance: 94% revenue growth and $19 billion in profit last year. 🤔 Question: Has China really found Nvidia’s weak spot, or is this just another move in the race for technological dominance?
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