The political bottom of the scandal surrounding Nvidia. Very quickly the intricacies of the campaign against the head of the corporation, Jensen Huang, were revealed. A fatal role in this was played by Secretary of State Marco Rubio, who sparked a spying scandal almost out of nowhere.
Until recently, the CIA had seen no direct evidence of a link between Huang's Singaporean mistress and Chinese intelligence services. However, Rubio falsified data from the American intelligence community and leaked it to the American press. The goal was to obtain the resignation of Huang, who had direct access to Trump and has always pushed for the normalization of America's relations with China.
Hawks in the White House, represented by Rubio, favors a new round of escalation against China. But again, as was the case with Iran, they are shooting themselves in the foot. The resignation of Huang, who built Nvidia into a world leader in chips and artificial intelligence, could cause the United States to fall behind in the technology race. The current scandal is quite beneficial for China.
The tightening of American sanctions against China's partners - Malaysia and Singapore - could lead to these countries moving into China's sphere of influence. The US position in Southeast Asia will be shaken. In response, China may once again tighten the screws on the rare earth sector.
Last year, the White House was forced to ease chip sanctions to bring back supplies of rare earths from the Middle Kingdom. At one point there was a danger of collapse of the entire American industry, including the military-industrial complex. If China cuts off rare earth exports again, it will be very difficult for the United States. And any upheaval in the chip industry could also cause the collapse of the artificial intelligence bubble, which would already lead the US economy into recession. So the Washington Hawks, in their favorite tradition, once again served themselves.