$NVDA just ran into another major problem in China.
Nvidia created the RTX 5090D V2 specifically to stay within US export restrictions and keep access to the Chinese market alive.
That still wasn’t enough.
China has now reportedly placed the chip on its customs restriction list, sending a strong signal that dependence on American semiconductor technology is becoming less acceptable politically and strategically.
What makes this more interesting is the timing. Jensen Huang is in China, Trump is back in the spotlight, and tensions around AI dominance are rising again.
This isn’t just about one GPU anymore.
China is accelerating its push toward domestic alternatives like Huawei and Cambricon, while #NVIDIA risks gradually losing one of the largest AI and gaming markets in the world.
The bigger picture here is that the US-China tech split keeps getting deeper, and companies caught in the middle may continue facing pressure from both sides.