Uncle Sam Threatens Nvidia’s 90% Monopoly in the Chinese AI Chip Marketby@ashumerie
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Uncle Sam Threatens Nvidia’s 90% Monopoly in the Chinese AI Chip Market

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The AI boom in 2023 has propelled Nvidia to new heights with a $200 billion valuation, mainly due to its focus on AI over PC gaming. Nvidia holds an 80% global AI chip market monopoly, surging to 90% in China's $7 billion market. U.S. export restrictions on AI chips to China, initiated by Biden, are reshaping the landscape. While Nvidia initially downplayed the impact, Chinese firms like Huawei, Tencent, and Hygon are vying for the void, potentially challenging Nvidia's dominance.

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@ashumerie

Asher

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