The tech cold war between the US and China is heating up, with a major development in the high-stakes race for artificial intelligence supremacy. A recent move by Beijing is rattling markets and fracturing the global tech landscape.
Breakdown
- China's internet regulator orders tech giants to stop buying NVIDIA AI chips. 20s
- Regulators advise firms to use domestic chips, such as those from Huawei. 50s
- SMIC announces testing of its first advanced domestically developed chip. 1m 6s
- NVIDIA could face significant revenue losses from reduced China operations. 2m 3s
- China accepts short-term losses for long-term tech independence. 2m 43s