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is bliss gvs pharma limited (blissgvs) a good buy now ✌️【Market Trends】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. 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.
is bliss gvs pharma limited (blissgvs) a good buy now ✌️【Market Trends】✌️ Accurate stock market predictions with real-time stock indices, futures data, and global market trend analysis. Achieve stable growth and avoid losses by staying ahead with our expert recommendations. 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.
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is bliss gvs pharma limited (blissgvs) a good buy now ✌️【Market Trends】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. 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.
is bliss gvs pharma limited (blissgvs) a good buy now ✌️【Market Trends】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital 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.
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is bliss gvs pharma limited (blissgvs) a good buy now ✌️【Market Trends】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. 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.
is bliss gvs pharma limited (blissgvs) a good buy now ✌️【Market Trends】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. 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 Smart Money Stock Analysis 】’s Fred He, Juliana Liu, Sean Lyngaas, Wayne Chang and Rosa de Acosta contributed to this report.
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