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Mon. 01/13 – Nvidia Isn’t Happy With New Chip Rules

44 snips
Jan 13, 2025
The U.S. introduces new chip export rules, causing a stir at Nvidia. A CEO's mishandling of a revamp leads to major shake-ups in the audio tech sector. Predictions suggest a lack of blockbuster tech IPOs this year. Nvidia grapples with order cuts due to issues with their Blackwell chips. Meanwhile, Xiaohongshu is rising as China's vibrant alternative to Instagram, capitalizing on social shopping and a strong female user base. The tech landscape is shifting dramatically, revealing both challenges and opportunities.
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INSIGHT

New Chip Export Rules

  • New chip export rules give 18 key allies full AI chip access.
  • Most other countries, including China, will require licenses, impacting NVIDIA.
ANECDOTE

Sonos CEO Departure

  • Sonos CEO Patrick Spence is leaving after a botched app revamp upset customers.
  • Interim CEO is Tom Conrad, former Snap and Pandora executive.
INSIGHT

Delayed Tech IPOs

  • Large fundraising rounds might delay tech IPOs for companies like Databricks, SpaceX, and OpenAI.
  • They have enough cash and operate like public companies already.
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