The U.S. Commerce Department said on Tuesday it was issuing new export licensing requirements for Nvidia’s H20, AMD’s MI308 artificial intelligence chips, as well as their equivalents, to China.
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Nvidia to record $5.5 billion in charges due to U.S. export ban on its H20 chip for China
Nvidia Corp.’s shares were tumbling in after-hours trading Tuesday, after the chip giant disclosed in a regulatory filing that it expects to include charges of up to $5.5 billion in its fiscal first …
China Girds for Economic Stress of Trump’s Tariffs
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.
Stock market today: Dow, S&P 500, Nasdaq futures fall as Nvidia reveals costly limits on China exports
US stock futures fell after Nvidia revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over President Trump’s trade policy.
Nvidia expects $5.5bn hit as US tightens chip export rules to China
The chip manufacturing giant, which has been at the heart of the AI boom, will require licences to export its H20 AI chip to China.
Nvidia Says New Limits on China Exports to Cost $5.5 Billion
Nvidia Corp. said the US government is restricting the export of its H20 chip to China, hamstringing a product line that the company had designed to meet previous curbs.
China debates how to handle criminal crypto cache
Crypto trading is banned in China, and digital tokens are not recognized as legal tender or assets there. But local governments have been using private companies to sell seized digital coins in …
Chinese warehouses are persuading Americans to buy China-made dupes to offset tariff costs
Viral videos on TikTok from Chinese manufacturers claim many high-end European brands rely on their factories to put their wares together before finalizing production in Europe.
Chinese TikTok Users Expose Luxury Brands’ Alleged Usage Of Cheap Manufacturers
Chinese president Xi Jinping responded to Trump by imposing 125 percent tariffs on the United States, and enforcing their own export restrictions. The allegations and subsequent reactions began to …
Chinese TikTok users mock tariffs, telling people to buy brands like Nike direct
Videos posted by Chinese TikTok users that suggest people should purchase fashion items straight from factories in the country have been surfacing in the U.S. in recent weeks, according to Bloomberg.
Pity American firms in China. Xi Jinping is hitting back
F or decades politicians in Washington might have been mistaken for lobbyists for American companies in China. They pushed for the country to be opened up to American banks, planes and fast-food …
Chinese TikTok Users Are Going Viral Claiming Luxury Brands Use Cheap Local Manufacturers
U.S. and China are currently embroiled in a trade war with each country imposing 125 percent tariffs on the other.
The reason China is pushing videos of ‘overpriced’ Western luxury brands
As part of the retaliation to US President Donald Trump’s tariff war, China has opened a front against US luxury brands by apparently promoting counterfeits and urging people to buy luxury goods direc …
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