Speaker · Updated
Eunice Yoon: latest market views
CNBC
Summary
CNBC's Beijing Bureau Chief and Senior Correspondent, who has led the network's China coverage since rejoining in 2012 after eight years at CNN International.
Chorus has 5 views from Eunice Yoon across 3 episodes on Squawk Pod (CNBC Squawk Box), CNBC Fast Money and CNBC Closing Bell since November 9, 2026. Their latest calls: bearish on NVIDIA.
Where they stand
Their latest bullish or bearish call on each company.
- NVIDIABearish ·
What they talk about most
The latest views
Newest first. Every quote is checked against the episode's transcript.
Smuggled Nvidia chip prices surged to nearly $3M in China, with traders expecting demand to stay robust.
Yoon reports from a Chinese chip smuggler that the underground price of B300 chips has risen about fivefold since May, to nearly $3 million against an official US price of $550,000. Smugglers expect a pause through APEC because of the scandal and likely tighter US scrutiny ahead of Trump's visit. Traders still expect demand to stay strong and say they are seeing hoarding, so the price gap signals that the grey market expects tighter export curbs to keep supply scarce.
“I've been told that the price of eight b 300 chips has, now reached, come up five times from May at now nearly $3,000,000. This is versus the official US price of $550,000.”at 18:20
Squawk Pod (CNBC Squawk Box): Jensen Huang Resigns: What’s Next, & Who is Alice Huang? 11/12/26 ·
Beijing is limiting Nvidia imports to build local chips, but Chinese AI firms say they cannot do without them.
Yoon describes a conflicted Chinese government. Reports say about 600,000 H200 chips were held at a Hong Kong port and not allowed in, because Beijing wants to develop its own chip industry. People in China's AI industry, however, say they cannot do without Nvidia chips and do not want to rely on local alternatives if they can avoid it. This points to a gap between state industrial policy and industry demand.
“because the government here does want to develop its own industry, it doesn't necessarily want to have so many NVIDIA chips here. But when I speak to people who are in the AI industry, they have said that they cannot do without the NVIDIA chips”at 20:23
Squawk Pod (CNBC Squawk Box): Jensen Huang Resigns: What’s Next, & Who is Alice Huang? 11/12/26 ·
If Trump skips the Xi meeting at APEC, China would take it badly because of face and its APEC showcase.
Yoon says APEC is framed in China as Xi Jinping's moment, when countries and companies come to Beijing and the authorities want them to see China as essential to their trade. Sources told her that a last-minute withdrawal by Trump would be taken very badly. She ties this to Chinese culture, where face matters more than in the US, so a snub could carry real diplomatic cost.
“if president Trump decided suddenly to pull out at this late stage and not show up, that could be taken very badly, especially because culturally here, a Chinese... face is just so much more important here”at 21:28
Squawk Pod (CNBC Squawk Box): Jensen Huang Resigns: What’s Next, & Who is Alice Huang? 11/12/26 ·
China's rare earths leverage lets Beijing hit back if US chip controls tighten during the truce.
Yun says the US and China are in a truce, but China still holds a rare earths card. If chip controls get much stricter, Beijing can use rare earths to exert leverage and hurt the US industry. This matters because China wants Nvidia's superior chips for its AI firms while trying to wean itself off them and grow domestic chips.
“we are in a truce between The US and China and that the Chinese do still have an ace up their sleeve. So if the chip controls suddenly get much more strict, then the Chinese have their rare earths card.”at 36:26
CNBC Fast Money: Nvidia Investigation Rocks Stock, Even as Broad Market Rallies ·
NVIDIABearish
Beijing wants Chinese firms to shift to homegrown chips and wean off Nvidia, threatening its China business.
Yoon describes Beijing's conflicted stance. Chinese companies want Nvidia's chips, which are seen as superior for AI training, and Beijing approved the H200 chips. But the government also wants Chinese companies to keep using homegrown chips to try to quit Nvidia. She notes a Reuters report of 600,000 H200 chips sitting in Hong Kong awaiting import approval, and says the impact on Nvidia's China prospects is unclear.
“on the other hand, they want to encourage the Chinese companies here to continue to use, homegrown chips in order to try to quit NVIDIA.”at 11:32
CNBC Closing Bell: Closing Bell Overtime: Nvidia Faces a New Crisis 11/9/26 ·
Shows
- Squawk Pod (CNBC Squawk Box) · 1 episode
- CNBC Fast Money · 1 episode
- CNBC Closing Bell · 1 episode
Ask your AI what Eunice Yoon thinks
Chorus gives Claude, ChatGPT and other assistants every view Eunice Yoon has shared on the shows it covers, next to everyone else's. Ask where they stand, what changed, and who disagrees.
Chorus reports what speakers said. It isn't investment advice.