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Chinese chip stocks surged on Monday following a Bloomberg report that the Chinese government is urging companies to halt the use of Nvidia’s (NVDA) H20 chips in their AI development. This strategic move aims to boost China’s domestic AI market share in anticipation of potential further restrictions from the US government.
Market Domination co-hosts Josh Lipton and Julie Hyman break down the details.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Angel Smith
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