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n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Precise stock market trend predictions with free real-time quotes for India stocks, US stocks, and European stocks to help you seize the best investment timing. 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.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. 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.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. 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.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. 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.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. 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.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Free stock selection service with expert predictions and real-time market insights, providing you with the best investment strategies for long-term success. 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.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. Senior US officials have also accused China of stealing American-made AI software, which Beijing denies.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Professional advisors provide accurate market predictions with real-time stock indices, exchange rates, and futures data to help you seize investment opportunities and grow your capital. 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.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. 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 Group 】’s Fred He, Juliana Liu, Sean Lyngaas, Wayne Chang and Rosa de Acosta contributed to this report.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Smart Money Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
n b footwear limited (523242) signs major deal ✌️【Real-Time Data】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth.