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China bans use of Intel, AMD and Nvidia Processor Chips for security concerns
(www.cybersecurity-insiders.com)
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this post was submitted on 06 Dec 2024
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Will they really lose much money though? Chip makers (NVIDIA especially) have practically been able to sell everything they can produce since before the start of COVID, so I doubt they will lose a lot from this
The answer is yes, they will lose a lot of money.
The Chinese consumer market is larger than the US and EU markets, and is growing, not shrinking. On top of that the Chinese business market is growing and is growing extremely quickly. The backbone of either market in the 21st century is computerized goods.
This is also a sign that the multiple domestic architectures are good enough to act as drop in replacements for at least government work, so business and consumer uses aren't too far behind.