Bloomberg Businessweek Bloomberg Businessweek Weekend - May 30th, 2025
4 snips
May 30, 2025 Ben Reinhart, CEO of Speculative Technologies, dives into revitalizing U.S. manufacturing, discussing the role of innovation and global talent. Emily Graffeo shares insights from Japan, highlighting energy demands and the rising significance of nuclear power. Nate Rempe of Omaha Steaks explores trends in the beef market and festive grilling traditions. Chris Rauser reflects on curating American wines while navigating contemporary theater challenges. Together, they paint a vivid picture of industry evolution and cultural shifts.
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NVIDIA's China Revenue Losses Offset
- NVIDIA lost $8 billion in revenue from China due to worsening conditions and restrictions but offset losses with strong performance elsewhere.
- Hyperscalers like Microsoft and Amazon remain the dominant customers, making up 50% of their data center business.
NVIDIA's Moat Remains Strong but Challenged
- NVIDIA's technology moat remains strong as competitors lag far behind in scale.
- However, absence from China is helping domestic competitors like Huawei advance their chip technologies.
NVIDIA Faces U.S. Chip Export Restrictions
- NVIDIA is uncertain if it can design chips for China that comply with U.S. restrictions.
- The Biden administration reinforced strict bans on certain chips, limiting NVIDIA's ability to regain Chinese market share.