China, has been banned from US advance technology and later US Commerce Secretary, Howard Lutnick tried to ask China to buy some of Nvidia 4th grade Gpu, like H20 so that China would be addicted to the American technology stack. China after feeling insulted even blocks the sales of more advanced H200 Nvidia Gpu. For technological independence, Huawei has already produced Ascend to compete against Nvidia Gpu. Prior to the export banned, Nvidia has a monopoly of China Gpu market at 95%, but now it drops to 0. Nvidia lost a Usd15 billion China market and in return it is confronted with a formidable new competitor.