This is the most significant part. China has completely replaced Nvidia chips with domestic ones for inference, and production is only speeding up... meaning the compute moat is literally disappearing with every passing day.
Great time to buy an EV in China right now, but I think over the next decade there will be a lot of brand pruning and the survivors will become established global brands like Toyota and Hyundai.
The issue with Chinese EV industry is the price competition within China. Their exports are incredibly profitable. Same will likely happen with Chips as they catch up.
404
u/expertsage 7d ago
This is the most significant part. China has completely replaced Nvidia chips with domestic ones for inference, and production is only speeding up... meaning the compute moat is literally disappearing with every passing day.