$NVIDIA (NVDA.US)$ the Chinese government just came out and ...
$NVIDIA (NVDA.US)$ the Chinese government just came out and they don't want any of the business in China to use Nvidia chips.
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10baggerbamm OP : it's a breaking story on CNBC
Junius Falcon : It is not yet a ban, NVDA is estimated to reduce sales. Guessing they want some Blackwell to ... reverse engineering
10baggerbamm OP Junius Falcon : well the US government prohibits selling to China the most recent state of the art ships so I know Nvidia is making a compliant version that they can sell but I also know that every chip that Nvidia makes that state of the art ultimately winds up in China and you get shell companies in other countries that buy the full allotments and pay cash and all that gets shipped to China
Stock_Drift : “Urges to stay away” $NVIDIA (NVDA.US)$
moneyxmoney : Ha ha they can’t compete if they don’t get Nvidia
10baggerbamm OP Stock_Drift : thank you for clarifying CNBC got the story wrong
Junius Falcon 10baggerbamm OP : Yea, maybe through some redistributed SMCI products lol