Thread by @wmhuo168

Nvidia's back in China? Too late. The empire's already collapsed and China built a new one without them.

Trump’s U-Turn on Nvidia Spurs Talk of Grand Bargain With China - Bloomberg share.google/tZnHlvtgNVGQoI…

Trump just handed Nvidia a lifeline in China. Problem is, there’s nothing left to save. China’s AI firms moved on. They’re not coming back.
(1/12)

The U.S. still thinks it can starve China of chips and force it to crawl back. But sanctions exposed American tech as leaky, insecure, and weaponized.
(2/12)

Nvidia’s CUDA stack? Banned. Synopsys and Cadence EDA? Phased out. American firms are now seen as liabilities, not partners.
(3/12)

And yet, Wall Street is acting like the 30% Nvidia stock crash never happened. As if China didn’t just kill off $500 billion in fake market cap.
(4/12)

China didn’t pivot. It scaled. Huawei, Cambricon, Biren now dominate where Nvidia once ruled. No more licensing. No more trust.
(5/12)

Even the H20 chip Trump approved is a gimped version. By the time it ships, Chinese firms will already be on Ascend, Kunlun, or GPGPU clones.
(6/12)

What’s worse? U.S. firms can’t even ship full CUDA. Trump’s Commerce team bragged about addicting China to half-tech. But CUDA remains banned.
(7/12)

This isn’t leverage. It’s delusion. China built its own stack. Chips, frameworks, EDA, fabs. All localized. All scalable.
(8/12)

The so-called tech bargain is meaningless. China won’t trade rare earth supremacy for obsolete chips. It’s not 2015 anymore.
(9/12)

U.S. firms like Nvidia are clinging to a fantasy. Chinese customers aren’t just lost. They’ve been burned. And Beijing made sure replacements were waiting.
(10/12)

The 30% crash was the market waking up. But Washington still hasn’t. Trump’s team is selling spare parts to a customer that no longer owns the car.
(11/12)

Let them celebrate this deal. China isn’t just rejecting American tech. It buried it, replaced it, and moved on.
(12/12)