US Embargo Fuels China's $6B Plus Data Center Investment: Report Inc, U.S., China, Nvidia, Nvidia, Guiyang, Alibaba, Guiyang, Inc (MU), Inc (AMD), Benzinga, Liu Liehong, Liu Liehong, Liu Liehong, Nvidia chips, Nvidia chips, U.S. embargo, U.S. embargo, Nvidia chips, Nvidia chips ... by https://www.benzinga.com/
AI Insights:
Simple Explanation:
The US govt has stopped the sell of a certain type of chips to China because they believe China might use it to create weapons or other AIgerous things. However, China still wants to use this kind of chips and has found a way to get them using something called blockchain. The Chinese govt has also decided to spend a lot of money to build big buildings called data centers that will be used to create and store information, including what can be done with the chips. This way, even if the US doesn't sell the chips to China anymore, they can still use them because they have already built their data centers and other places to use these chips. Read from source...
Critical Perspective:
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