Trump did not learn anything about the resourcesfulness and creativity of Chinese talents to rise against all odds, against all challenges and obstacles thrown at them. Everything, every industry and endeavour that the Americans attempted to block out China, to keep China down, had failed miserably.
Trump's ambitious but clueless effort to shut China out of the high end chip supply, to stop or to slow down China's growth, which to him is another so easy game, is collapsing right in his face. Trump banned the sale of Nvidia's top end chips to China. Nvidia countered by producing a lesser version of the H100 chips, in H20 chips which are as good as garbage. This downgraded version was also banned by Trump. But on appeals by Jensen Huang, who went to the White House to explain to Trump that this is diluted version of the H100, a poor substitute that is not worth the ban, that Trump finally agreed to lift the ban.
The H20 chip was a cheap version in both price and performance and Trump thought the Chinese were hungry and desperate enough to want to buy any scraps the American thrown at them. It is like selling a Rolls Royce with a poor quality American Ford engine inside, and believing the Chinese would still want it. Trump forgot that the Chinese already have BYD and many better EV cars and have no need to buy scraps or garbage from America.
The victim of this farce is Nvidia and all the American chip makers. China now has a total ban on all chips coming from America. Trump's silly ploy of extorting 15% sales revenue from Nvidia and AMD will also end up as nought, zilch. Trump is not going to pocket a single cent from the sales of American chips to China, not anymore, not now, not going forward. China has totally decoupled from the American chip makers, and from poor ASML as well.
This is the end result for arrogance and underestimating your enemy, China. The corollary to this childish plan is the collapse of the whole American chip supply chain, resulting in loss of revenue, and loss of jobs and loss of becoming the market leader and monopoly of high end chips. It is the end of a golden era of earning billions and trillions from China with chips alone.
Nice try, Trumpass. oops, I mean dumbass. Try to sell the script to Hollywood to be made into a blockbuster, titled, Collapse of American Chip Industry... by dumbass Trump.
China is now targetting all of Trump's businesses in China, including his bank accounts.
2 comments:
Trump and his trumpets think that they are the only smart guys on this planet and everyone else are dumbasses.
As they say, only when the tide goes out can we see who is naked. Now we are starting to see the reality of the USA in all its inglorious nakedness.
The orange bankrupt is making America bankrupt again.
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