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- 1Chinese chip stocks slide as Nvidia approval signals market shift●Chinese chip stocks dropped on the Nvidia approval signal—SMIC down 3.7%, Moore Threads 6.3%, Cambricon 5.7%. ByteDance
Chinese semiconductor stocks fell after signals that Nvidia could regain approval to sell chips in China. SMIC dropped 3.7%, Moore Threads 6.3% and Cambricon 5.7% amid renewed competition concerns. Separately, ByteDance is reportedly considering an order of around one million Nvidia RTX Pro 5500 cards, though the workstation GPU lacks the high-bandwidth memory needed for large-scale AI training runs.