Trump’s Export Restrictions Stifle NVIDIA in China: Impacts on Crypto and AI

China’s agreement with NVIDIA to circumvent U.S. export restrictions has been delayed, hindering the chipmaker’s significant expansion within the country. Despite this delay, NVIDIA’s ambitious goals were abruptly halted as former president Trump’s stance on exports remained inflexible, impacting global markets including cryptocurrency and Artificial Intelligence (AI). The move also highlights the intricate political landscape between the U.S. and China.