Nvidia SHOCK: China Sales CRUMBLE! Billions LOST, AI Chips BANNED!
Did you know Nvidia's China business spectacularly underperformed, with overall revenue missing Wall Street's 8.4 billion dollar projection by billions this quarter? This stunning shortfall directly stems from tightening US export controls and geopolitical turmoil, effectively banning sales of competitive AI chips like the H20. Consequently, sizable purchase orders evaporated, and Chinese regulators even restricted local firms from buying these chips, creating an opening for rivals like Huawei and Alibaba. Despite aggressive lobbying by Nvidia's CEO and complex negotiations involving President Trump and President Xi Jinping, the trade war continues to severely hamper Nvidia's ability to compete. Understand how this global power play impacts tech titans and their future earnings. Subscribe to our channel for more crucial insights into the business world.
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