The Nvidia and Jensen Huang's China comment "situation" is very strange: On Tuesday, Jensen Huang blatantly said China “is going to win the AI race” against the US unless things change. This led to 3-day decline of -500 billion in Nvidia's market cap. Jensen Huang has never explicitly stated this in the past. Later than night, Jensen Huang released a statement saying China is "nanoseconds behind" the US on AI. Less than 24 hours later, headlines emerged that the US is set to announce a ban on sales of Nvidia's scaled-down AI chips to China. Just one week prior to all of this, President Trump met with Jensen Huang before his meeting with China's President Xi. What happened behind closed doors?(The Kobeissi Letter)