RIVAL CHIPMAKERS COULD BENEFIT
Tighter restrictions could create opportunities for Nvidia’s competitors, according to Jay Goldberg, senior semiconductor analyst at US equities research firm Seaport Research Partners.
He identified US chipmakers AMD and Broadcom, along with Chinese companies such as Huawei, as potential beneficiaries.
Further restrictions on Nvidia sales to China or Southeast Asia could also help domestic Chinese alternatives, he said.
Goldberg added that AMD and Broadcom may be less affected by tighter US export controls because their AI chip businesses have relatively limited exposure to China.
Capri, meanwhile, expects Beijing to intensify efforts to develop its own semiconductor capabilities.
The US eased its licensing policy for exports of certain advanced chips to China in January, allowing such shipments to be considered on a case-by-case basis.
But Capri noted that Beijing continues to require approval for imports of Nvidia chips, reflecting its push to develop domestic alternatives and reduce reliance on US technology.
He added that the scandal surrounding Huang could further strengthen China’s determination to achieve chip self-sufficiency.
“This incident, I think, is just fuel for the fire,” he said.
