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would you accumulate or wait on ang lifesciences india limited (540694) ✌️【Expert Advice】✌️ Expert predictions with real-time stock indices, futures data, and metals, energy market data to help you seize the best investment opportunities. China has opened an antitrust investigation into American chipmaker Nvidia, the world’s largest provider of processors that power artificial intelligence, according to Chinese state media.
would you accumulate or wait on ang lifesciences india limited (540694) ✌️【Expert Advice】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. The probe serves as the latest escalation of a growing battle for AI dominance, which both the United States and China believe is crucial for national security.
China Central Televisionin a report Monday said the Chinese government believes Nvidia’s purchase of Israeli networking company Mellanox could violate the country’s anti-monopoly laws, though the report did not specify what the merger did to potentially break the law.China approved the acquisitionin 2020.
would you accumulate or wait on ang lifesciences india limited (540694) ✌️【Expert Advice】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. Nvidia (NVDA) shares fell less than 2% in premarket trading Monday. The stock is among the hottest on the market, surging nearly 200% this year as the AI boom has fueled demand for the company’s chips. Its market value is more than $3 trillion, second only to Apple.
would you accumulate or wait on ang lifesciences india limited (540694) ✌️【Expert Advice】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. The tit-for-tat China-US chip war has entered a new phase this month, after the Biden administration imposed another round of restrictions onhigh tech memory chip salesto China a week ago. The memory chips are different than the graphics processors Nvidia makes, but they are also crucial technology that helps power AI.
would you accumulate or wait on ang lifesciences india limited (540694) ✌️【Expert Advice】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. The administration’s new export controls are the third such round of chip sales restrictions to China. The United States fears that China could use AI to gain a military advantage, and US Commerce Department officials said they believed the restrictions would slow China’s development of AI chips — and industry experts believe the US government’s plan will work.
But China’s Commerce Ministry lambasted the United States’ restrictions, saying they pose “a significant threat” to the stability of global supply chains. China’s governmentretaliated last weekby banning the sale of materials essential for manufacturing the chips, including germanium and gallium.
would you accumulate or wait on ang lifesciences india limited (540694) ✌️【Expert Advice】✌️ Expert predictions with real-time global stock and futures data to help you easily capture market movements. A year ago, China had curbed the sale of those materials but created loopholes that allowed for some sales to continue. Those have now been closed.
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would you accumulate or wait on ang lifesciences india limited (540694) ✌️【Expert Advice】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. The Nvidia investigation ups the ante. The company is the face of the AI tech revolution and hurting Nvidia could harm the American company’s ambitions to continue to power AI around the world.
In addition to curbing materials and chips sales, both China and the United States are trying to bolster their own development and manufacturing of microprocessors at home.
would you accumulate or wait on ang lifesciences india limited (540694) ✌️【Expert Advice】✌️ Free real-time market data to help you quickly recover and avoid losses. Through the CHIPS Act, the Biden administration has pumped billions of dollars into Intel and other companies to boost domestic production of chips and reduce America’s reliance on China and other foreign countries for the technology. Meanwhile, China in May announced plans to set up its largest-ever semiconductor state investment fundworth $47.5 billion, funded by investments from six of the country’s largest state-owned banks.
【 - Free Stock Market Analysis Courses 】’s Fred He, Juliana Liu, Sean Lyngaas, Wayne Chang and Rosa de Acosta contributed to this report.
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