Perhaps the biggest outcome of the latest U.S.-China trade talks is China's increased confidence in its homegrown technology. Alibaba and Baidu both saw their stocks surge this past week after news of AI advances and business deals . Huawei touted AI chip systems better than Nvidia's at the same time as Beijing extended a probe into the U.S. chipmaker. Chinese regulators are now discouraging domestic tech giants from buying Nvidia chips, the Financial Times reported, citing unnamed sources. “It's unlikely that Chinese companies can opt to completely do away with foreign chips, for now," said Brian Tycangco, analyst at Stansberry Research. "But news coming out of China like this is not coincidental. It's meant to send a message and, potentially, weaken President Trump's hand in trade war ne

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