No paywall: https://finance.yahoo.com/news/senate-passes-ai-chip-export-025123931.html
Advanced artificial intelligence chipmakers Nvidia Corp. (NVDA) and Advanced Micro Devices Inc. (AMD) would have to ensure US companies get priority access to their products before China under legislation the Senate passed, a setback for the industry’s efforts to block the measure.
The bipartisan legislation was easily approved in a vote late Thursday. It’s designed to bolster US competitiveness in cutting-edge industries and curb exports to China and other foreign adversaries, according to lead co-sponsor Senator Jim Banks, an Indiana Republican.
Senate passes bill limiting Nvidia and AMD AI chip exports to China
byu/callsonreddit instocks
Posted by callsonreddit
9 Comments
##NVDA 200 EOD
AMD 250 EOY
I kinda funny to see both sides (China and US governments) wanting to see that happening. When Nvidia chips were flowing through China, the CCP was trying to stop Chinese companies from buying Nvidia chips.
[https://www.reddit.com/r/hardware/comments/1nj8psl/china_bans_tech_companies_from_buying_nvidias_ai/](https://www.reddit.com/r/hardware/comments/1nj8psl/china_bans_tech_companies_from_buying_nvidias_ai/)
Wow, just wow.
So I guess Trump can go and “save the day” again after his next meeting with Xi, so long as whatever deal comes with a sizeable donation to some business that Trump owns.
**Short:** As of now and since month irrelevant. Will have no further effect AFAICS
**Long:**
Chronicle history of that and why i conclude to it.
* Couple of month ago China started the blame game with “**Is there some spyware or tracking your GPU Nvidia”**
* Then China started publically pushing companies to buy local GPU´s
* Then China´s Antitrust authority accuses Nvidia of violating merger conditions
* NVIDIA started saying they don´t consider any earnings or projections for China for the forseeable future at last quartly reports
**Result:** Either black market through Singapore or others are blooming and everybody looks away or china is truely not buying more. But both means status quo stays, revenue is either still 0 or still growing the same amount through black markets it has done before, smoothly calculated in all future projections.
My take – Trump and cronies want to bring the price down so they can load up.
Like that worked out last time when DeepSeek CEO mentioned they got around it.
China doesn’t need the US.
Us government didn’t learn anything after the software ban 10 years ago. The Chinese market will just produce their own version switch away from Us products