✉news TechnologySemiconductors first seen 2 d ago, last 1 d ago, peak #4
Nvidia to allocate just 1% of $70 billion RTX chip orders to Chinese clients
Original: Nvidia China clients to get 1% of $70 bln RTX chips ordered- Bloomberg
According to a Bloomberg report, Chinese customers of Nvidia are set to receive only around 1% of roughly $70 billion in RTX chip orders, highlighting how limited their access to the company's high-end graphics processors will be. The reported allocation underscores the impact of US export restrictions on advanced chips, which have sharply curtailed Nvidia's sales of top-tier hardware to China. Financial outlets worldwide, including Yahoo Finance Singapore and Investing.com, have carried the story, drawing attention to the widening technology split between Washington and Beijing.
Why now: The unusually tiny share of chip orders allotted to China amid US export controls makes the story significant for markets and the tech sector.
NvidiaChinaBloombergUnited States
Rank over time, top of the chart is #1. 9 snapshots from 2 d ago to 1 d ago.
Evidence
- Nvidia China clients to get 1% of $70 bln RTX chips ordered- Bloomberg · Yahoo Finance Singapore
- Nvidia China clients to get 1% of $70 bln RTX chips ordered- Bloomberg · Investing.com
- Nvidia China clients to get 1% of $70 bln RTX chips ordered- Bloomberg · Investing.com Nigeria
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