In response to U.S. trade restrictions, China has stopped exporting crucial chips used by automakers across North America. That’s already slowing down production of some models.
From the CHIPS Act to the U.S. revoking a waiver it had granted TSMC to use U.S. machinery, the government is trying to have a heavy hand in this global industry.
Nvidia makes GPUs while other major chip manufacturers make CPUs, which power laptops and phones. But it's only a matter of time before the company attracts serious rivals.