this post was submitted on 04 Dec 2023
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Really, the only big market that is being targeted by the restrictions is Mainland China (pointedly not including Russia because it’s honestly not a very big market compared to like… New York State or Texas or California). Nvidia would have been fine.
I think you’re right: they got greedy (shocking, I know)
Large tech companies have been known to buy out smaller competitors before they become a threat or before somebody else buys them out. Not being able to do so with a government-funded Chinese company, I imagine killing the idea before it takes shape is a prudent business decision.