Nvidia on Tuesday said it would take $5.5 billion in charges after the U.S. government said it would require licenses for exports to China of its H20 microchip, which has been one of its most…
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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.
China has a powerful card to play in its fight against Trump’s trade war: rare earths
China’s dominance of the rare earths supply chain has emerged as a potent tool in its renewed trade war with the United States. The minerals are used to power everything from iPhones to fighter jets.
U.S.’ inability to replace rare earths supply from China poses a threat to its defense, warns CSIS
The CSIS report warns that the export controls pose direct threats to U.S. military readiness, highlighting that the country is already lagging behind in its defense manufacturing.
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 …
Malaysia telco U Mobile to partner with China’s Huawei and ZTE for 5G network
Malaysian mobile data service company U Mobile said on Tuesday it will use infrastructure technology from China’s Huawei Technologies and ZTE to roll out Malaysia’s second 5G network.
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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