Beijing’s Nvidia U-Turn Sparks Chip Selloff, Just as Washington Targets Optical Giants

‼️ Chinese shares hit a one-year low as tech stocks sold off on two fronts: a report from The Information saying Beijing may allow local firms to buy Nvidia’s new chips—raising fresh competitive pressure on domestic chipmakers—and a Friday bill from four US senators seeking to bar Innolight and Eoptolink from government procurement as restricted vendors.

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