US AI Investments Fuel Competition with China in High-Tech Frontier

Geopolitical tensions between the US and China have escalated, resulting in hefty tariffs imposed on both sides of the trade war. While these tariffs remain a contentious point of negotiation, the US has taken a strong stance on regulating the export of advanced AI chips. This strategy is intended to slow down Chinese AI development while concurrently fostering domestic growth in the field. Nvidia (NASDAQ: NVDA) exemplifies this trend with their recent licensing restrictions on H20 chips for data centers, adding to existing limitations. ;