Mmastodon TechnologySemiconductors first seen 11 h ago, last 24 min ago, peak #2

Chinese chip stocks slide on Nvidia approval signal

Original: Chinese chip stocks dropped on the Nvidia approval signal—SMIC down 3.7%, Moore Threads 6.3%, Cambricon 5.7%. ByteDance

Shares in China's semiconductor sector fell after signals that Nvidia could win approval to sell GPUs to China again. SMIC dropped 3.7%, Moore Threads 6.3% and Cambricon 5.7% as investors weighed renewed foreign competition. Attention also turned to ByteDance, which may order one million Nvidia RTX Pro 5500 cards for multi-card servers, though the workstation GPU lacks the high-bandwidth memory needed for large-scale AI training.

Why now: Reports of a possible Nvidia approval for the Chinese market revived fears of competition hitting domestic chipmakers and Big Tech buying plans.

NvidiaSMICMoore ThreadsCambriconByteDance

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• Chinese chip stocks dropped on the Nvidia approval signal—SMIC down 3.7%, Moore Threads 6.3%, Cambricon 5.7%. ByteDance may order 1 million RTX Pro 5500 cards for multi-card server configurations, but the workstation GPU lacks the high-bandwidth memory needed for major training… · schuler · 1

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