Trump Deploys National Guard in DC, China Says Avoid Nvidia H20 Chips | The Opening Trade 8/12

China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s attempts to recoup billions in lost China revenue as well as the Trump administration’s unprecedented push to turn those sales into a US government windfall.

President Donald Trump announced he would take federal control of Washington DC’s police department and deploy 800 National Guard troops there, escalating his push to exert power over the nation’s capital. 

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Kriti Gupta, Guy Johnson and Valerie Tytel.

Chapters:
00:00:00 – The Opening Trade
00:01:26 – UK Job Market, UK Inflation
00:06:34 – China Warns Against Nvidia H20 Use
00:08:23 – Trump-Putin Summit
00:11:04 – Norway Wealth Fund Israel Asset Selloff
00:11:39 – National Guard Deployed in DC
00:12:34 – EJ Antoni Named Bureau of Labor Statistics Lead
00:15:58 – US CPI
00:19:22 – Inflation
00:24:35 – Expect to ‘Sell More’ Israeli Stocks: Norway Wealth Fund
00:29:43 – China Tariffs, 90-Day Truce
00:39:14 – Euro Strength, Defense Stocks
00:47:20 – Stocks to Watch: Defense, Chips, Miners
01:03:35 – Nvidia H20 Chips, China
01:07:05 – Intel CEO, Trump Allegations
01:13:38 – UK Job Market
01:19:08 – US Stagflation
01:27:45 – Ukraine, Russia, US Talks
01:32:12 – Nvidia Stocks, H20 Chips
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