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US Chip Sanctions Backfire: China’s AICoin AI Sector Surges as Nvidia Stumbles
US Chip Sanctions Backfire: China’s AICoin AI Sector Surges as Nvidia Stumbles
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AICoin AI News -
American semiconductor restrictions aimed at curbing China’s AI advancements are having the opposite effect. Nvidia’s $15 billion loss and 50% market share drop reveal a strategic blunder, while Beijing intensifies support for domestic chip leaders.
The ongoing tech Cold War, initiated under Trump, is dramatically altering global supply chains. China’s state-driven semiconductor initiative gains momentum as US companies face self-imposed setbacks. Nvidia CEO Jensen Huang’s cautions underscore the irony of containment strategies that end up empowering their intended target.
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