… These moves have led to backlash, including with China cutting rare earth minerals and magnets off from the US. Secretary of Commerce Howard Lutnick says the resumption of Nvidia GPU sales to China were required to restart China's shipments of their linchpin supply chain materials. …
… As HBM is one of the key ingredients for accelerators, and with export restrictions threatening to cut off HBM supply, China is naturally pouring resources into domestic development efforts. China has planned 200B USD in subsidies for home-grown semiconductors over the next five years. …
… Nvidia has put in huge supply chain orders for the RTX Pro SKU, with the original plan being to sell chips to China as a replacement for the H20 before export licenses for the H20 were reissued. …