US blocking tech going to China.
AMDs MI250 also banned
https://www.reuters.com/technology/nvidia-says-us-has-impose…
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NVDA down 12% - Nvidia indicated approximately $400 million in potential sales to China may be impacted by the new license requirement
AMD down 7% - AMD has confirmed [the ban] will marginally affect its data center business.
Interesting that there is no word from Intel on this. Their stock is so hammered that it has not moved down much more. Rumor has it some older Haswell Xeon CPU’s were blocked since they were going into a supercomputer that would do nuclear modeling. No word on newer products like Ponte Vecchio, the Gaudi AI accelerator, or Sapphire Rapids. I suspect it is a pretty big hit for INTC as well.
Alan
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I dread what might happen if China retaliates by halting all sales of TSMC products to the US, or perhaps something less draconian like imposing an export tax on all TSMC shipments to the US.
I dread what might happen if China retaliates by halting all sales of TSMC products to the US…
I didn’t think TSMC had much of a footprint in mainland China - two out of eleven fabs currently running, or thereabouts?
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TSMC is based in Taiwan, which is technically a part of China. Unless China has no say - short of military action - in what Taiwan exports? I’m honestly not sure now.
TSMC is based in Taiwan, which is technically a part of China. Unless China has no say - short of military action - in what Taiwan exports? I’m honestly not sure now.
That’s basically the situation.
China says Taiwan is a breakaway province that’s really part of People’s Republic of China.
Taiwan would beg to differ. Japan had made Taiwan a colony decades earlier but at the end of WWII surrendered it to Chiang Kai-shek (Nationalist “Republic of China” leader). China’s civil war subsequently drove the Nationalists out of the mainland as the Communists took over, but they continued to hold Taiwan. Many possible paths forward are contemplated, but right now the mainland government has no say other than what they can get through influence and intimidation of China’s trading partners and economic leverage.
For China to control what Taiwan exports they’d probably have to mount a naval blockade, and escalate from there.
https://en.wikipedia.org/wiki/Political_status_of_Taiwan gives a look at the complexities of it all. My brain melts trying to parse it.
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https://en.wikipedia.org/wiki/Political_status_of_Taiwan gives a look at the complexities of it all. My brain melts trying to parse it.
You and me both! Plus, the U.S. policy of “strategic ambiguity” is also a head-scratcher.