Bloomberg Tech

China Probes Nvidia, Geopolitical Risks Weigh on Tech Stocks

Dec 9, 2024
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INSIGHT

China Probes Nvidia

  • Nvidia faces a Chinese probe regarding a 2020 acquisition, impacting its market cap.
  • This probe adds to the escalating global tech war between the US and China.
INSIGHT

Nvidia's Monopoly

  • Nvidia's dominance in advanced AI chips draws anti-monopoly concerns globally, not just from China.
  • The US-China trade war fuels these tensions, with restrictions on Nvidia's chip sales.
ANECDOTE

Trump and Xi

  • Donald Trump claims he recently spoke with Xi Jinping.
  • He highlighted a past agreement on drug penalties.
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