
Nvidia's H20 Chips are in High Demand from China, Starbucks Cuts 1,100 Jobs
The Rundown
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Navigating Sanctions and Job Cuts: The Challenges Faced by Major Companies
This chapter examines the implications of increased sanctions on Chinese firms regarding NVIDIA's H20 chips, underscoring the company's struggles with export restrictions amid rising demand in China's AI industry. It also highlights Starbucks' decision to cut 1,100 jobs as part of efforts to optimize operations and address financial difficulties in the Chinese market.
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