The Rundown China Cracks Down on Nvidia Chips, Kalshi Expands to 140+ Countries
8 snips
Oct 10, 2025 This podcast delves into China's crackdown on NVIDIA imports, revealing customs enforcement aimed at reducing U.S. chip reliance. The discussion shifts to Beijing's tech self-sufficiency push, impacting companies like ByteDance and Alibaba. Listeners learn about Kalshi's impressive $300 million fundraising and its expansion to over 140 countries, alongside dominating market activity. The episode also highlights OpenAI's Sora app achieving rapid downloads and provides insights into broader market trends and pressures faced by major brands.
AI Snips
Chapters
Transcript
Episode notes
Markets Have Rallied Despite Tariff Shock
- The S&P 500 and NASDAQ have rallied strongly year-to-date despite recent tariff shocks.
- Markets appear to have moved past the tariff panic but macro risks remain from delayed data and upcoming Fed decisions.
Prepare For Choppy Markets Ahead
- Expect market volatility from delayed government data and a Fed meeting later this month.
- Stay informed and tuned to updates over the next two to three weeks.
China Tightens Grip On U.S. AI Chips
- China is actively restricting U.S. AI chip access while pushing domestic alternatives like Huawei.
- The moves aim to cut reliance on American chips and accelerate Chinese tech self-reliance in AI.