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China is freezing export permits for critical minerals for making chips to the U.S. while doubling supply to its own domestic tech firms.

⁨39⁩ ⁨likes⁩

Submitted ⁨⁨4⁩ ⁨hours⁩ ago⁩ by ⁨Lemmynated@lemmy.zip⁩ to ⁨technology@lemmy.zip⁩

https://lemmy.zip/pictrs/image/728b36c8-b828-4ead-bf10-1eb045c5540a.avif

finance.biggo.com/news/xsiIxJ0Bh5an-7GhIww3

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Comments

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  • Flyswat@lemmy.dbzer0.com ⁨16⁩ ⁨minutes⁩ ago

    Is this how the AI bubble will bust?

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  • MrSulu@lemmy.ml ⁨4⁩ ⁨hours⁩ ago

    I think Trump F’d around and found out. Sadly, he couldn’t give a shit about the impact or consequences as he made MAGA and voters believe that he was the great saviour.

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    • rafoix@lemmy.zip ⁨4⁩ ⁨hours⁩ ago

      Trump and his family have made more money this year than they have in their entire lives. He fucked around and is cashing in because capitalists love authoritarians and fascists.

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      • Rothe@piefed.social ⁨2⁩ ⁨hours⁩ ago

        Yeah, he only fucked up if you believe that he actually wants to govern and not just line his own pockets and those of his oligarch circle. And this whole AI thing has been massively profitable for all the oligarchs involved. Consumers, the plebs, are paying for all of it as usual.

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