Interesting...so China still doesn't have better domestic chip manufacturing.
This is why control of Taiwan is such a point of tension these days.
Discussion
NVIDIA is crashing because they didn't use the newest model of the chips.
Cuz the latest were banned by Biden Administration:-)))) .. only 1700 max to any country out of the pool of 8 ..
Deep seek shows they can do better with older chips and much less data .. which means they are stealing much less content compared to openAI and Google ..
Okay but they're still using NVIDIA chips...maybe that just means NVIDIA was overvalued.
Yup
It's been overvalued for years. But, by how much is what I'm curious about?
We may find out very soon.
This proves how overreliant they were on China for revenue, though.
China was soaking up the older models into a gigantic stockpile, to front-run the trade restrictions, which drove up the price on the higher-end models.
I mean Taiwan has been doing this for the last 20+ years.
It would take years if not decades for China, or The United States to be on par to Taiwan's capabilities.
It's time to start, then! Overreliance on Taiwan is bad for us.
There are Taiwanese chipmaking factories in USA, under construction.
The TSMC plant here in Phoenix is apparently at least partway operational already.
I know about this because some German manufacturing is relocating to the USA, and hopes of getting preferential treatment in the purchasing of those chips is one reason.
Germany was about to get an Intel factory, but they've put the deal on ice and are building another one in the USA, instead.
You have to build your stuff in the USA, where you have secure access to the chips and cheap land and energy, and extensive mineral and metals mining, and lots of skilled workers, and then ship the finished goods to other countries. And, now, you'll have the USD and the Bitcoin advantage, whilst the Europeans will make you use their stupid CBDC and tax you half to death. All the facepalms, fr.
Manufacturing over here is getting absolutely crushed by the Americans. Entire sectors moving over there.
Everything downstream moves to India and upstream to the USA (or Switzerland, if it's knowledge economy stuff).
And everyone is trying to get out of China. LOL They totally fucked up everyone's supply chain, during their crazy lockdowns. Gotta at least move to Vietnam or something.
Everyone getting laid off, over here, but we all get Burgergeld, so that's okay then, and Scholz and Habeck will get reelected and finish us off, but with Merz instead of Lindner.
First fab goes online this year, apparently, near Phoenix.
