The Commerce Department, and the "deep state" in general, have made increasingly clear that--like the CCP--they view dominance in cutting-edge semiconductors as

The Commerce Department, and the "deep state" in general, have made increasingly clear that--like the CCP--they view dominance in cutting-edge semiconductors as a national security imperative. Note that this extends far beyond political appointees; regardless of who wins the election in November, this policy stance is unlikely to change. So "everyone" knows that they can't sell these things to China. But investors have some wi$hful thinking that they can just legally juke the Commerce Department regulations. I think NVidia and AMD are just posturing with these products, knowing they'll get slapped down by Commerce, so they can turn around to their investors and say, "Oh well, we tried..." without taking the stock price hit that would come with investors fully pricing in the China semiconductor embargo.