Bloomberg Intelligence China Targets Nvidia Over 2020 Deal, Straining Trade Talks
8 snips
Sep 15, 2025 China's recent ruling against Nvidia over a 2020 acquisition has raised intriguing questions about trade ties with the U.S. Meanwhile, President Trump's hints at resolving TikTok's legal challenges suggest a potential thaw in relations. Elon Musk's billion-dollar stock purchase sparks optimism for Tesla, yet the need for a succession plan looms large in the face of key man risk. Get insights into the intricate dance of technology, geopolitics, and corporate governance in today's dynamic market.
AI Snips
Chapters
Transcript
Episode notes
China Uses Antitrust As Negotiation Leverage
- China timed its probe partly as leverage during trade negotiations and to reduce reliance on NVIDIA chips.
- Beijing wants domestic customers to move off NVIDIA dependency for national-security and strategic reasons.
Vague Conditions Invite Future Scrutiny
- China approved NVIDIA's Mellanox deal with a vague non-discrimination condition that can be broadly interpreted.
- That vagueness allows regulators to revisit approvals as product and export restrictions evolve.
Export Controls Created Unequal Access
- U.S. export controls blocked China's access to NVIDIA's latest GPUs while other customers got newer architectures.
- That differential access underscores why China views NVIDIA's conduct as potentially problematic.