US sanctions against China are putting global firms to a decision: abandon China, or leave the US
Nvidia and other chipmakers are struggling to survive in China, the world’s largest semiconductor market, while also observing Washington’s increasingly strict trading curbs.
Despite obvious sanctions failures against Russia and China, Western governments continue to punish their own companies who do business in and with the world’s biggest industrial and consumer markets. Companies who set up outside the United States and a small handful of Washington’s closest allies are not subject to these restrictions. We should therefore expect that more Western companies will break apart into units which serve different markets, and that new firms will establish themselves in countries whose laws allow them to do business anywhere.
Resources and links:
South China Morning Post, Nvidia’s new China-ready GPUs face uncertainty as Washington signals more chip restrictions
SCMP, Nvidia preparing a version of new Blackwell AI chip for China market, sources say
Nvidia Prepares New AI Chip for China Amid Ongoing US Export Controls
Reuters Exclusive: Nvidia preparing version of new flagship AI chip for Chinese market
Bloomberg, Nvidia’s Next-Generation AI Chip Rollout Slowed by Engineering Snags
Investors Business Daily, The Kingmaker Behind Nvidia’s AI Kingdom Is Ready To Rule
Statista, Nvidia revenue worldwide from fiscal year 2017 to 2024, by region(in million U.S. dollars)
Oil Price, Top Semiconductor Companies Control 98% of Global Market
CNBC, China remains crucial for U.S. chipmakers amid rising tensions between the world’s top two economies
#:~:text=According to data from tech,analyst at Nasdaq IR Intelligence.
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