Name: Chinese chipmakers put pressure on Nvidia
Uploaded: 2025-12-05T17:48:02.559Z
Duration: 2 min 20 s
Description: CNBC’s Deirdre Bosa reports on Chinese chipmakers putting renewed pressure on Nvidia.

CNBC’s Deirdre Bosa reports on Chinese chipmakers putting renewed pressure on Nvidia.

The release of Open AI's ChatGPT has accelerated the development of artificial intelligence and warnings about its impact on society.

Rise of AI

Chinese chipmakers are increasing their efforts to compete with Nvidia, highlighted by the recent IPO of More Threads, which surged over 400% on its debut. Another major Chinese AI chipmaker, Cambricon, is planning to triple its production, reflecting a broader state-backed push to establish a self-reliant semiconductor ecosystem.

Despite these developments, Chinese firms remain far behind Nvidia in terms of valuation and performance. However, past examples suggest that China's technology sector can close such gaps quickly, prompting concerns that U.S. companies may lose market share if the pace of Chinese innovation continues.

Chinese chipmakers put pressure on Nvidia

Chinese chipmakers putting some renewed pressure on NVIDIA, an IPO from what some call China's answer to NVIDIA skyrocketing after its debut, and another Beijing-based AI chipmaker reportedly planning to triple its production. Our dear Debosa has more on all of that in today's Tech Check. Happy Friday, Dee. Happy Friday. Hey, guys. So Beijing, it's rushing to create domestic lock-in before NVIDIA can reenter this market. More threads, that's the first in a quartet of Chinese AI chip startups known as the four dragons to go public, and it surged more than 400% on its debut. Bloomberg, meanwhile, reports that Cambricron, this is part of China's first wave of accelerator companies, reporting that it is planning to triple its output of AI chips next year. Now, together, these companies represent a coordinated state-backed push to build parallel infrastructure that isn't necessarily better than NVIDIA or what the US has, but good enough, and this is key, Chinese-controlled. Now, the More Threads founder reportedly put it this way to Chinese state media. He said, computing power is state power. The idea that whoever controls the silicon base controls the AI era. Now, that idea, it's also gaining ground here in the US as well, though lighter and more indirectly. Washington, for example, took a 10% stake in Intel and hinted at more deals. There's also a journal story this morning that the Trump administration is in talks with Masayoshi San and SoftBank to build federally owned AI infrastructure parks. Now, the latest accelerations in China's chip ambitions, and it feels like they're moving faster than ever, this could push the US to move faster too or risk a future where NVIDIA and American tech at large starts to really lose market share to a domestically protected Chinese ecosystem and maybe beyond companies or countries that China's allies with. But guys, even after More Threads' massive IPO pop, it is still worth less than 1% of NVIDIA and it is nowhere close on performance. Cambricon, meanwhile, despite that product roadmap, it is so far from competing with NVIDIA. So China's chip industry, it is being propped up by artificial demand. That is key here to know, for investors to know. But it's also important to know that we've seen this before with DeepSeek and Chinese AI open source models. They can close the gap faster than expected. And when they do, markets can recalibrate very quickly.

Russian President Vladimir Putin held talks with Indian Prime Minister Narendra Modi on Friday at an annual summit and agreed to diversify mutual economic ties, as the United States presses India to revise its decades-old partnership with Russia.

Delhi

Russia-India sign trade agreements despite pressure from the West

It's a deal described as the beginning of a new path to peace. Leaders from Rwanda and the Democratic Republic of Congo have signed an agreement aiming to end the long-running conflict in eastern DRC. U.S. President Donald Trump hosted the leaders in Washington, DC.

Washington

DR Congo-Rwanda peace deal: Leaders sign accord alongside U.S.

The Pentagon announced another strike against an alleged drug-carrying boat in the eastern Pacific Ocean. This comes as lawmakers react to a classified briefing on the controversial Sept. 2 strikes targeting a vessel near Venezuela.

Pentagon announces new boat strike

New evidence was presented in court in connection with the case against Luigi Mangione, the man accused of shooting UnitedHealthcare CEO Brian Thompson. CBS News' Katrina Kaufman reports.

Manhattan

New evidence shared in Luigi Mangione's pre-trial hearing

Israel has been cleared for the 2026 Eurovision song contest after the European Broadcasting Union said most members did not want a vote on participation, prompting four countries — the Netherlands, Ireland, Spain and Slovenia — to boycott the competition over the war in Gaza.

Israel’s Eurovision participation triggers boycotts

Honduran presidential candidate Salvador Nasralla said U.S. President Donald Trump’s last-minute support for rival Nasry Asfura hurt his chances in the country’s closely fought election.

Tegucigalpa

Honduras' Nasralla: Trump's influence damaged my election chances

A northern Virginia man was arrested and accused of placing two pipe bombs outside the Democratic National Committee and Republican National Committee headquarters on the eve of the Capitol riot on Jan. 6, 2021. Scott MacFarlane has details.

FBI arrests suspect in 2021 D.C. pipe bomb case

A grand jury has rejected the Department of Justice's attempt to re-indict New York Attorney General Letitia James. CBS News legal contributor Jessica Levinson has reaction.

Grand jury rejects DOJ's attempt to re-indict Letitia James

The New York Times has sued the U.S. Defence Department and Defence Secretary Pete Hegseth in an effort to force the Pentagon to abandon its restrictive new press policy. The Times alleges that the policy, rejected by at least 30 news organizations, violates its rights to free speech and due process.

New York

New York Times sues Pentagon, Hegseth over press restrictions

President Trump weighed in on Russian President Vladimir Putin's meeting with his envoy, Steve Witkoff, and his son-in-law, Jared Kushner. CBS News' Ramy Inocencio has more.

Moscow

Ukraine Invasion

Trump insists Putin wants to end Ukraine war after Witkoff's trip

Democrats have released never-before-seen images in the Jeffrey Epstein case. They were taken at his private island estate. It comes as the Trump administration faces a deadline to release the full Epstein case files in two weeks.

Newly released images and videos show Epstein's private island estate

Venezuela holds the world’s largest proven oil reserves, more than five times more than the United States.

Caracas

Maduro accuses U.S. of pushing for regime change to get Venezuela’s oil

Australia starts enforcing a landmark ban requiring social media platforms to take down accounts belonging to under-16s

Canberra

Australia under-16s social media accounts to be taken down

European Union lawmakers and member states reached a deal to ban all imports of Russian gas before the end of 2027, as the bloc seeks to choke off key funds feeding Moscow's war chest. Aimed at breaking a reliance the bloc has struggled to end despite the invasion of Ukraine, the accord marks a compromise between EU capitals and the European Parliament, which wanted the ban to hit sooner.

Brussels

EU agrees deal to ban Russian gas by end of 2027

President Trump pardoned Democratic Rep. Henry Cuellar of Texas and his wife on Wednesday. The couple was indicted in 2024 on more than a dozen federal charges. Cuellar has denied any wrongdoing.

Trump pardons Democratic Rep. Henry Cuellar and his wife

Sources say the Pentagon watchdog found Defense Secretary Pete Hegseth could have endangered American service members when he shared military information in a Signal group chat in March. Alex Plitsas, a former Pentagon official, joins "The Daily Report" to discuss.

Watchdog found Hegseth jeopardized sensitive military information

Democrats on the House Oversight Committee Wednesday released never-before-seen images of the private island owned by convicted sex offender Jeffrey Epstein. CBS News legal reporter Katrina Kaufman has more details.

Never-before-seen images of Jeffrey Epstein's island released

The doctor who pleaded guilty to selling ketamine to Matthew Perry in the weeks before the actor's overdose death has been sentenced to 30 months in prison.

Los Angeles

Doctor who sold Matthew Perry ketamine sentenced to 30 months in prison

Google subsidiary YouTube has criticized an Australian law banning social media accounts for under-16s, arguing the legislation set to start Dec 10 makes young users of Instagram, Facebook, TikTok and YouTube less safe.

YouTube attacks Australia's underage social media ban

U.S. envoys Jared Kushner and Steve Witkoff met Putin in the Kremlin on a revised Ukraine peace plan but left without a deal. Russia insists on territorial gains, army cuts, and blocking NATO membership, while Zelenskyy calls for long-term deterrence against future aggression.

U.S. envoys Kushner, Witkoff leave Kremlin without Ukraine deal

U.S. President Donald Trump, in a televised cabinet meeting, said “I don't want them in our country” about Somali immigrants, sparking outrage from politicians and migration experts. His remarks coincided with reports of planned federal raids targeting Minneapolis’ Somali community.

Trump targets Somali immigrants amid reports of Minneapolis raids

A Russian tanker carrying sunflower oil was hit by a drone off the Turkish coast, with no casualties. The attack is part of recent strikes on Russian-flagged vessels targeting Moscow’s oil sector, while Putin warns of possible retaliatory measures.

Russian tanker attacked off Turkey, Putin warns of retaliation

U.S. Defense Secretary Pete Hegseth said he had watched the first U.S. strike in September on an alleged drug-smuggling vessel in real time, but did not see survivors in the water or the second lethal strike that he described as being carried out in the "fog of war."

Hegseth says he didn't see survivors before second strike on boat

Republican comfortably beats Democratic challenger after polls showed candidates in a close race in US state.

Tennessee

Trump’s pick Van Epps wins special election in deep-red Tennessee

U.S. President Donald Trump threatened to expand his crackdown on drug trafficking during a cabinet meeting, suggesting he’d order land strikes on Venezuela and attacks on any country transporting illegal drugs into the U.S.

Trump threatens to expand strikes beyond Venezuela

Ahead of a meeting to discuss the U.S. proposal for peace in Ukraine, Russian President Vladimir Putin dismissed European counter-proposals as 'unacceptable' and said his country was ready for war if Europe wants one.

Putin says Russia is 'ready' if Europe wants war

OpenAI has declared a "code red" as Google threatens to unseat the AI industry's early leader, according to the Wall Street Journal. Technology journalist Jacob Ward joins CBS News to discuss.

California

OpenAI declares 'code red' as Google threatens its AI lead

Russian President Vladimir Putin met U.S. President Donald Trump's special envoy Steve Witkoff and son-in-law Jared Kushner in the Kremlin on Tuesday (December 2) for talks on a possible way to end the deadliest European conflict since World War Two.

Putin meets Trump envoys Witkoff, Kushner for Ukraine peace talks

Secretary of Defense Pete Hegseth said during a Cabinet meeting on Tuesday that the deadly boat strikes in the region near Venezuela and Colombia have "only just begun." This comes as Republicans and Democrats in Congress question the legality of the military action.

Hegseth defends boat strikes near Venezuela during Cabinet meeting

President Vladimir Putin has hailed what his commanders told him was the full Russian capture of the city of Pokrovsk in eastern Ukraine as an important victory after a prolonged campaign, saying it would help Moscow fulfil its wider war aims.

Chinese chipmakers put pressure on Nvidia

Breakdown

See The Full Story

Rise of AI