Aug. 13 at 11:50 AM
$SOXS $NVDA $BABA $BIDU
DIGITIMES report highlights
$NVDA losing ground to Huawei in China's AI chip market:
1. The H20 Fail: NVDA's downgraded H20 chips fail to convince Chinese tech giants (Alibaba, Tencent, Baidu), who are rapidly migrating to Huawei's Ascend 910C/D.
2. Structural Shift: Geopolitical risks & CAC security probes are forcing China’s AI ecosystem to embrace domestic silicon.
3. Revenue Hit: China historically represented ~16% of NVDA's GPU sales. Losing this market invalidates Wall Street's infinite growth projections.
You can't replace the world's 2nd largest AI market with
$500B Wall Street debt SPVs.