This week was a whirlwind of tech and market news. From halted chip sales in China to a high-stakes court battle involving Elon Musk, there was no shortage of headlines. Here’s a quick recap of the top stories.
Trump Approves Nvidia Sales, Beijing Disagrees
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Despite the U.S. government’s approval for Nvidia to sell its H200 chips to several companies, including Alibaba and Tencent, not a single delivery has been made. This is due to the Chinese government’s focus on promoting domestic AI alternatives, such as Huawei, to reduce reliance on foreign tech. U.S. Commerce Secretary Howard Lutnick highlighted this blockage, stating that "the Chinese central government has not let them, as of yet, buy the chips, because they're trying to keep their investment focused on their own domestic industry."
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