$NVDA Nvidia added $1 trillion in market cap after Trump approved H20 sales to China just a few months ago. Now what?https://t.co/uSURCUN53U pic.twitter.com/BWBM0SzWdN
— JaguarAnalytics (@JaguarAnalytics) August 22, 2025
NVIDIA ORDERS SUSPENSION TO H20 CHIP PRODUCTION: INFORMATION $NVDA
Literally Lutnick's fault
— The_Real_Fly (@The_Real_Fly) August 22, 2025
“Nvidia instructed Arizona-based Amkor Technology to stop production of the H20 chips this week and also notified South Korea’s Samsung Electronics” https://economictimes.indiatimes.com/news/international/business/nvidia-orders-suppliers-to-halt-work-on-china-focussed-h20-ai-chip-the-information-says/articleshow/123442804.cms
“We don’t sell them our best stuff, not our second-best stuff, not even our third-best. The fourth one down, we want to keep China using it… You want to sell the Chinese enough that their developers get addicted to the American technology stack”
https://finance.yahoo.com/news/howard-lutnick-insulting-remarks-nvidia-152224587.html
“That word “addicted” would prove particularly explosive. Chinese officials didn’t just see it as dismissive of their technological capabilities. They viewed it as a deliberate reference to the Opium Wars of the 19th century, when Britain forced opium addiction on Chinese society. Those conflicts remain a source of deep national humiliation and resentment.
Within a week of Lutnick’s interview, three of China’s most powerful regulatory bodies swung into action. The Cyberspace Administration of China, the National Development and Reform Commission, and the Ministry of Industry and Information Technology launched what industry insiders describe as a coordinated pressure campaign.”
https://techstory.in/china-reportedly-turns-against-nvidia-after-howard-lutnicks-insulting-remarks/