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I am watching with great interest as the US chip sanctions against China increasingly prove to be a self-inflicted wound. NVIDIA is losing $8 billion in quarterly revenue due to the H20 sales ban and had to write down $4.5 billion in inventory – a $50 billion market has suddenly closed off. At the same time, Alibaba, Baidu , and Tencent are aggressively pushing the transition to domestic chips. What's especially impressive: Ant Group has already trained an AI model with Chinese chips that achieves NVIDIA H800 performance but is 20% cheaper....
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