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China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, The Information reports

China officials recently asked companies including ByteDance and Alibaba to report their plans to purchase Nvidia's RTX PRO 5500 chips, according to the report.

Chinese authorities may permit e-commerce giant Alibaba and video streaming platform ByteDance to acquire Nvidia's latest RTX Pro 5500 GPU chips, according to a report by The Information. The Ministry of Industry and Information Technology reportedly requested domestic companies to disclose their intended purchases and intended usage of the RTX Pro 5500, a professional-grade workstation GPU.

Released this month, the RTX Pro 5500 boasts 84GB of GDDR7 memory and 21,760 CUDA cores, with a starting price exceeding $6,000, as reported by TechPowerUp. Positioned outside the data-center accelerator category that has been subject to U.S. export controls since October 2022, China's regulatory oversight could be more lenient, potentially avoiding further strain on U.S.-China relations.

This development comes after the Xi-Trump summit in Washington, where chip export controls were notably absent from both nations' official statements. The USTR's Jamieson Greer confirmed that export controls were deemed non-issues during trade discussions, and China's Ministry of Foreign Affairs did not mention export controls in its post-summit announcement.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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