China weighs allowing ByteDance, Alibaba to buy new Nvidia chips: report
THE Chinese government has signalled it could allow some domestic companies like ByteDance and Alibaba to buy Nvidia’s chip built for high-end...
China may permit ByteDance and Alibaba to acquire Nvidia's RTX PRO 5500 chips for professional computers, according to a recent report by The Information. The Chinese Ministry of Industry and Information Technology asked these companies to disclose their intentions to purchase the chips. Nvidia stated that US firms are still restricted by outdated export controls and China's limits on US imports. Alibaba and ByteDance did not provide immediate responses to Reuters' inquiries, and Reuters was unable to confirm the report.
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Also reported by 4 other outlets
- China weighs allowing ByteDance, Alibaba to buy new Nvidia chips: report businesstimes.com.sg
- China may permit Alibaba, ByteDance to buy new Nvidia chips – The Information investing.com
- China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, report says straitstimes.com
- China may allow Alibaba, ByteDance to buy Nvidia’s new RTX Pro 5500 chips seekingalpha.com
