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CN Asks Tech Giants to Halt All Purchases of Nvidia AI Chips, Terminate Existing Orders: Rumor
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Chinese network regulators have instructed the largest tech companies in China to stop purchasing all Nvidia (NVDA.US)'s AI chips and terminate existing orders, the Financial Times quoted three insiders as saying. Nvidia last shed 1.1% to US$173.02 in the pre-market sessions. This week, regulatory authorities notified companies such as ByteDance and BABA-W (09988.HK) to cease testing and orders for the RTX Pro 6000D, according to the report. Regulatory authorities have recently summoned domestic chip manufacturers such as Huawei and CAMBRICON (688256.SH), as well as search engine giants like BIDU-SW (09888.HK) and BABA-W, which produce semiconductors independently, asking them to report comparisons of their products with Nvidia's China-made chips, sources added. AASTOCKS Financial News Website: www.aastocks.com |
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