Listen now | This episode of Sharp China is outside the paywall. On today’s show Andrew and Bill begin with a raft of news on Nvidia that came during the podcast’s vacation, including reports the company was summoned to meeting with the Cyberspace Administration of China, sources saying the same regulators have warned PRC companies against purchasing the H-20 chips, and news that the US is now granting licenses to sell H-20 chips to PRC companies in exchange for 15% of China chip revenue. Topics include: Jensen Huang’s successful lobbying, criticism of the 15% tax, questions about the motivation in Beijing, and thoughts on the near future in Washington. From there: Checking in with the real estate market and stock market as Beijing pledges more support for real estate and the SSE Index hits a 10-year high. At the end: Liu Jianchao is reportedly under investigation, Bao Fan has reportedly been released, India and China move to improve relations in the face of US tariffs, and an email about the Labubu phenomenon and PRC soft power exports.
Here we get the confirmation of AI chip indigenisation plans in the shape of the domestic content requirements mentioned in the podcast: https://asia.nikkei.com/business/technology/artificial-intelligence/chinese-cities-target-70-ai-chip-self-sufficiency-to-counter-nvidia
Perhaps update the podcast. “
Beijing turns against NVidia after insulting remarks from
Lutnick” https://on.ft.com/47DV7pK
Not unexpected