Nvidia Chip Sales, Ford EV Production, and Global Economic News - November 7

Nvidia and China Chip Sales

• 칩 Nvidia CEO Jensen Huang stated there are no active discussions about selling the company's Blackwell chips in China.
• 🚫 Nvidia is not planning to ship scaled-down AI chips to China, despite White House approval for its H20 chip.
• 📉 US regulators are reportedly blocking Nvidia from selling other versions of its scaled-down AI chips to China, with Nvidia maintaining its market share in China is zero.

Ford's EV Production Challenges

• 🚗 Ford is reportedly considering permanently ending production of its F-150 Lightning pickup truck due to mounting losses and challenging market conditions.
• 💡 A source familiar with Ford's product plans confirmed the company is evaluating its future EV plans.

US SNAP Benefits and China Exports

• ⚖️ The White House is appealing a federal judge's order to pay full SNAP benefits for November to 42 million Americans.
• 📉 China's exports unexpectedly fell in October for the first time in 8 months, with shipments to the US declining by over 25%.

EU AI Rules and Blackstone Investments

• 🇪🇺 EU regulators are reportedly considering a pause to parts of its landmark AI rules targeting Meta, Alphabet, and others, due to pressure from companies and the White House.
• 💰 Blackstone is liquidating a $1.8 billion senior housing investment, booking over $600 million in losses, selling properties at significant discounts.