China’s investigation into Nvidia could be a tactic to negotiate with Trump

China has opened an antitrust investigation into Nvidia (NVDA), sending the AI ​​chipmaker’s stock lower. KraneShares CIO Brendan Ahern Joins Market Domination Co-Hosts Julie Hyman And Josh Lipton to share his reading of the investigation in the context of persistent geopolitical tensions between the United States and China.

“Maybe Chinese policymakers have taken a copy of ‘Art of the Deal’ (a book by US President-elect Donald Trump), and are using a widely held US company that makes big money in China, more “More than 10% of Nvidia’s revenue is made in China, this may be one of their leverage tactics in what we believe to be successful negotiations between the US and Chinese governments. “

He adds: “I think ultimately the two sides (China and the United States come together) come together. All these issues can be resolved because both sides need each other. other on the economic level.

For more news and expert analysis on the latest market stocks, visit Market Dominance. here.

This article was written by Naomi Buchanan.