Nvidia's market share in China drops to 0, domestic chips and storage surge collectively: ChangXin Memory Technologies and Cambricon Technologies hit all-time highs.

The US chip control has caused NVIDIA's market share in China to plummet from 66% directly to 0%, while domestic chips have benefited as a result. In the wake of this news, domestic chips collectively saw a sharp rise. In early trading today, the Sci-Tech Innovation 50 Index continued to strengthen, with a intraday rise of over 8%. HSMC, Cambricon, Montage Technology, Savci, SMIC, Huahong Group, and ZMMicro all saw significant gains. Among them, Cambricon surged over 13%, with the latest stock price at 1933.22 yuan/share, while Montage Technology hit the daily limit up by 20%, reaching a new high in stock price.