From Top Electric.

China’s Chip Boom Leaves U.S. Sanctions Powerless, Nvidia Takes $5.5B Hit- SHOCKING Global Markets! China’s seismic break from Western semiconductor giants ASML and TSMC, a move that shattered global tech expectations. Now, Nvidia faces a $5.5 billion loss due to new U.S. restrictions on exporting its H20 AI chips to China, intensifying the AI dominance race. Its stock plummeted as a result. Triggered by U.S.-led export bans and the Dutch revocation of ASML’s DUV licenses, Beijing’s $410 billion investment spree has turbocharged its domestic chip industry, slashing reliance on foreign tech from 85% to below 60% in just two years. From Huawei’s defiant 7-nanometer Mate 60 Pro to SMIC’s push toward 3-nanometer chips, China is rewriting the rules of technological sovereignty. As financial markets brace for Beijing’s next move—dumping U.S. assets—the stakes escalate beyond silicon into a battle for global power. A shocking wake-up call for the West, this is the dawn of a new tech order and a new battle in AI dominance with Nvidia.

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