China Dispute Escalates

The controversy spills into the broader U.S.-China technology dispute, with Beijing responding to possible U.S. enforcement by scrutinizing Nvidia or signaling limits on Chinese purchases of U.S. AI chips. This is less likely than a Washington-only personnel or compliance outcome, but the recent diversion reports create room for both capitals to harden their positions.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.