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Earnings Reportsin Financial Markets
Updated 5 hours ago

Mixed earnings results dominate the headlines, with Lowe's and Magic Software posting revenue misses but EPS beats, while Canada Goose surges on strong Q4 performance.

HomeFinancial Markets** tech policy
Financial Markets
Nvidia chief Huang condemns US chip curbs on China as ‘a failure’
neutralFinancial Markets
** Nvidia CEO Jensen Huang is pushing back against U.S. restrictions on selling advanced chips to China, calling the policy a "failure." He argues that instead of stifling China's tech growth, the export controls have actually sped up efforts by Chinese firms to develop their own competitive alternatives.
What This Mean: ** This isn't just about corporate frustration—it's a sign that geopolitical tech battles might backfire. If U.S. sanctions are inadvertently fueling China's semiconductor independence, it could reshape the global AI race and weaken America's long-term advantage. Huang's warning suggests that cutting off access isn't always the smartest way to stay ahead.
Nvidia says US export controls on AI chips to China were 'a failure'
neutralFinancial Markets
** Nvidia isn’t mincing words—it’s calling the U.S. government’s restrictions on AI chip exports to China a flop. The tech giant argues the controls backfired, failing to slow China’s AI progress while hurting American firms. It’s a blunt critique from a company caught in the middle of a high-stakes tech cold war.
What This Mean: ** This isn’t just corporate grumbling—it’s a sign the U.S. might be misfiring in its effort to curb China’s tech rise. If export controls are clumsy enough to damage U.S. businesses without stifling their target, it could force a rethink of how America wages this economic battle. For Nvidia, it’s also about protecting a lucrative market as geopolitical tensions rewrite the rules of global tech trade.

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