Another chapter of the global dispute through the semiconductor market began last Friday (22), when the actions of Chinese chips developers fired on the Shanghai stock market. A publication on the Wechat messaging app and a report from The Information newspaper Explain.
Until the afternoon of Monday, Brasilia time, roles of the developers Cambricon Technologies rose almost 50%, while the Hygon Information Technology rose about 40%. On the other side of the world, the world’s world leader, Nvidia (), performed much more modestly at 3%.
It turns out that in the same week DeepSeek – that same Chinese language model that made Nvidia’s actions plummeted earlier this year – had announced an update of its version 3.1. In a publication on the Wechat Superapapplication, the company stated that the update, ie chips developed in China.
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Cambricon and Hygon are not quite the big competitors of Nvidia in China, a space occupied by Huawei, but as the largest chip manufacturer has no publicly traded, investors spent their cartridges on other local companies. That’s when the actions fired.
The announcement made by DeepSek coincided with the publication of a report on the American website The Information stating that Nvidia would have instructed suppliers to stop production related to the H20 chip, the most modern option with access to the Chinese market.
According to the newspaper, Nvidia made the alerts due to her business.
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So far, the H20 is the most powerful semiconductor option produced by Nvidia with the ability to enter China, but is still lower than its Blackwell avant -garde line.
Since the management of former US President Joe Biden, Nvidia has faced restrictions to bring its state-of-the-art semiconductors to the huge market in China. Despite reinforcing the approach to current US President Donald Trump, CEO Jensen Huang could not prevent the White House from determining that a license would be needed to export H20 chips to China.
The result was seen a few days later, in the release of the quarter results ended in April by Nvidia: $ 2.5 billion in paused H20 chips sales.
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Huang even announced investments of $ 500 billion in servers in the United States as part of his negotiations to avoid restrictions on sending adapted chips. In August, weeks after a meeting between Trump and Huang at the White House Oval Hall, Nvidia announced that she would resume H20 sales to China.
In a controversial decision, the US Department of Commerce has signed an agreement to allow Nvidia and AMD to sell chips adapted to the Chinese market since they pay the equivalent of 15% of H20 sales profits to the US government. International analysts raised fears about the jurisprudence that a kind of “toll” by exports could generate.
“This is really bizarre and unusual, and most worrying – beyond the individual cases of AMD and Nvidia – is the possibility that this be expanded,” said Gary Hufbauer, senior researcher at the Peterson Institute for International Economics to Bloomberg.
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United States Treasury Secretary Scott Bessent even said that the solution could be seen in other industries over time. To Bloomberg Surveillance, he said that for now, the model is unique, but now that he is on test “why not expand it?”
Fears aside, the agreement would allow Nvidia to resume access to China. But the news about Xi Jinping government guidelines against the purchase of H20 chips was published.
Although foreign vehicle findings indicated that the government claimed security issues to recommend the restriction on the H20, Chinese regulators would have interpreted comments from US Secretary Howard Lutnick about “insulting” models, the Financial Times said.
According to the vehicle, people with knowledge about the regulatory action, the administration of China Cyberspace (CAC), the National Development and Reform Commission (NDRC) and the Ministry of Information Industry and Technology (MIIT) reacted to Lutnick comments last month.
In an interview with CNBC on July 15, the secretary said, “We do not sell them our best product, nor our second best, not even our third best,” one day after Trump’s export controls.
“You want to sell to the Chinese enough for your developers to be addicted to American technology, this is reasoning,” he said.
On a trip to Taiwan to discuss the next line of Rubin chips with producer Taiwan Semiconductor Manufacturerin (TSMC), Huang told reporters being surprised when Beijing expressed concerns about H20 safety and would be in contact with authorities. He also stated that Nvidia negotiates with the US government to develop a successor to the H20.
This Wednesday (27), a. Data on spending on artificial intelligence and guidance For the next quarters can serve to reassure or set the market on fire for the fear that the unlawful investments in technology giants are near a roof.
