Nvidia Faces Suspicion As It Reenters China AI Chip Market.....

(Investor's Business Daily, August 12) On Monday, President Donald Trump cleared the way Nvidia and rival AMD (AMD) to again sell modified versions of their artificial intelligence processors in China. In a controversial move, the U.S. will take a 15% cut of those sales.However, Chinese authorities have sent notices to a range of firms discouraging the use of Nvidia H20 processors, Bloomberg reported. It took a particularly strong stance against the use of Nvidia chips for any government or national security-related work by state enterprises or private companies (See link for details).

https://www.investors.com/news/technology/nvidia-stock-china-ai-chip-market-suspicion/