Report: China weighs letting ByteDance, Alibaba buy new Nvidia chips
This digest was compiled by AI from multiple sources — links to the originals are below.
China's Ministry of Industry and Information Technology has signaled it could allow ByteDance and Alibaba to buy a new Nvidia chip built for high-end professional computers, The Information reported on Sunday. The government intends to approve the purchases, according to two people familiar with the matter. Reuters could not immediately verify the report.
Key Facts
- China's Ministry of Industry and Information Technology told some Chinese companies the government intends to approve purchases of a new Nvidia chip for high-end professional computers.
- ByteDance and Alibaba are among the domestic companies that could be allowed to buy the chip.
- The Information reported the development on Sunday, citing two people familiar with the matter.
Reported Approval
The Chinese government has signaled it could allow some domestic companies like ByteDance and Alibaba to buy a new Nvidia chip built for high-end professional computers. China's Ministry of Industry and Information Technology told some Chinese companies the government intends to approve the purchases. The Information reported the development on Sunday, citing two people familiar with the matter.
Verification Status
Reuters could not immediately verify the report.
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