Speaker 1: Hey, listeners, it's ting here with Beijing bites, your favorite
Speaker 1: byte sized download on the US China tech war, served
Speaker 1: with a heaping side of cyber drama and predictive analytics.
Speaker 1: Buckle up, because the past two weeks have been pure
Speaker 1: cyberpunk chaos, strategic backflips, and boardroom palpitations from Beijing to
Speaker 1: Silicon Valley. Let's get to the pulse shocker of July.
Speaker 1: Washington blinked first. On July third, after months of shadow boxing,
Speaker 1: the Biden Trump tag team acted a hard ban on
Speaker 1: exporting chip design software. Yes, those precious EDA tools back
Speaker 1: to China. Synopsis and Cadence shareholders did their happy dance
Speaker 1: as stock prices rocketed, and Treasury Secretary Scott Bessant called
Speaker 1: it a distinct warming of relations. Ten days later, the
Speaker 1: US greenlit limited AI chip sales in Nvidia's H twenties
Speaker 1: are back on Chinese orders, up ending months of no
Speaker 1: chips for you. Rhetoric. US leaders framed it as a
Speaker 1: leverage move tied to China easing its rare earth chokehold,
Speaker 1: but critics in Congress fear this will rocket China's AI ambitions.
Speaker 1: Navidia is expecting fifteen billion dollars in China sales for
Speaker 1: the rest of the year. Every dollar a bet that
Speaker 1: Beijing doesn't sprint ahead in AI while staying hooked to
Speaker 1: US silicon Now scratch the surface, and it's not all sunshine.
Speaker 1: The Congressional Technology hawks, looking at you, Rep. John Mullinar,
Speaker 1: are not buying the detente. They warn these second tier chips,
Speaker 1: though technically compliant, might turbocharge Chinese military AI. Meanwhile, President
Speaker 1: Sheese Camp still accuse as Washington of malicious blockade. They're
Speaker 1: not exactly passing the peace pipe at jong Nan High.
Speaker 1: The Dutch and Japanese are quietly locking down advance ust
Speaker 1: chip tool exports and the rare earth quotas China made
Speaker 1: its first twenty twenty five announcement, quietly expanding its embargo
Speaker 1: playbook and reducing transparency. European and American manufacturers are sweating
Speaker 1: as supply chains hedge with added costs and new delays.
Speaker 1: Let's talk cyber. If you thought the hackers were on
Speaker 1: summer break, think again. July saw six mega incidents burst
Speaker 1: onto the scene. Avanti connect secure devices got shredded by
Speaker 1: zero days. Crush FTP bugs are being pounded and a
Speaker 1: nasty Nvidia AI Toolkit container escape flaw is sending cloud
Speaker 1: admins scrambling. Even the retail ransomware gangs shifted targets moving
Speaker 1: from healthcare to big box stores because apparently cyber crime
Speaker 1: follows the money and the patches and APT forty one.
Speaker 1: The notorious China linked hacking crew just launched an audacious
Speaker 1: espionage spree in Africa. Their tool of choice hacked SharePoint
Speaker 1: servers as covert control centers. This is at nineteen nineties malware.
Speaker 1: These folks blend living off the land tactics and cobalt
Speaker 1: strike into a grand tour of undetectable pivots, exfiltrating valuable
Speaker 1: creds with a surgical touch. Meanwhile, Microsoft had to emergency
Speaker 1: release SharePoint patches after a zero day let attackers burrow
Speaker 1: deep inside government and corporate systems. For US and multinational
Speaker 1: companies operating in China, your legal teams are not sleeping easy.
Speaker 1: The new foreign trade laws, negative lists, stricter customs penalties,
Speaker 1: and Beijing's beefed up anti sanctions law mean the regulatory
Speaker 1: minefield is deadlier than ever. Just ask the Wells Fargo
Speaker 1: executive recently invited to stay in China under judicial review.
Speaker 1: Regulatory friction now comes with a side of travel ban,
Speaker 1: So what's the next chapter? Experts expect these temporary truces
Speaker 1: to get stress tested. Washington might soon tighten outbound investment
Speaker 1: reviews and patrol vcs eyeing Chinese AI or semiconductor startups.
Speaker 1: Beijing's fortress economy push is accelerating, making foreign firms think
Speaker 1: twice about expansion or even continued presence. The forecast term
Speaker 1: not decooling. Expect selective cooperation where it's mutually painful to fight.
Speaker 1: Think chips, wear, Earth's and regulatory access. Meanwhile, cybersecurity teams
Speaker 1: need next level vigilance as both nations, hackers and regulators
Speaker 1: raise the stakes. That's all for this week's circuit frying episode.
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