Nvidia, AMD to resume AI chip sales to China
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American companies in China are reporting record-low investment plans and declining confidence in profits this year. A survey by the U.S.
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, President Trump proposed annexing Greenland, an autonomous Danish territory estimated to contain $4.4 trillion worth of rare earth reserves. Vice President JD Vance made a surprise visit in support of the plan.
The U.S. gets almost all of its fireworks from China, and the industry is warning that tariffs on Chinese imports could limit supply and send prices soaring.
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
China faces significant challenges advancing its semiconductor lithography, a key hurdle for its drive toward technological self-sufficiency and superiority in the trade war with the US.
President Trump’s threat of a 30% tariff on EU imports has intensified pressure on the euro, pushing EUR/USD into a volatile range despite its bullish breakout above $1.11 level.
One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip maker seemingly cleared to sell its H20 chip in China again.
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Donald Trump's tariff policy boosts US revenue. Customs duties hit a record $64 billion in the second quarter of 2025. Most nations avoid retaliation, preferring negotiation. China and Canada initially resisted but later retreated.