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US Blocks Global Use of Huawei AI Chips in Brutal Crackdown: Nvidia Stock Set to Soar
US Blocks Global Use of Huawei AI Chips in Brutal Crackdown: Nvidia Stock Set to Soar
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The Bureau of Industry and Security (BIS) issued stringent new guidelines restricting global use of Huawei’s Ascend AI chips without a license, framing such activity as a violation of US export controls. The announcement sent immediate shockwaves through tech markets, with Nvidia shares surging over 5% as investors anticipate increased demand for its competing AI chips.
Market analysts note the move signals escalating tech trade tensions between Washington and Beijing, despite recent tariff truce agreements. The restrictions could accelerate decoupling in critical semiconductor supply chains, with Ripple effects across cloud computing, edge AI, and autonomous systems development.
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