TL;DR

Trump’s administration slapped export controls on Nvidia’s leading AI GPU designs. Jensen Huang traveled to Beijing to seek relief despite the new restrictions.

Observers warned that cutting off US tech only accelerates China’s own chip efforts and leaves Nvidia’s external foundries untouched.

AMD expects an $800 million revenue hit from lost China sales, and Huawei with SMIC have stepped up work on homegrown AI processors.

Tariffs, Tech, and the Great Dumpling Diplomacy

or “How to Lose Friends and Influence Nothing,”

Donald Trump plays the global trade card game with all the finesse of a toddler flipping Monopoly pieces. His big move? Smack NVIDIA with export restrictions like he’s playing Whac-A-Mole with innovation.

Enter Jensen…

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