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

πŸ‡¨πŸ‡³ CNBC (CN) —
China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, The Information reports

AI Summary

Chinese officials are evaluating allowing major companies like ByteDance and Alibaba to purchase Nvidia's RTX PRO 5500 chips amidst technological procurement controls. This move could impact the semiconductor market and China's AI hardware capabilities.

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.

Politics Markets AI & Tech China ByteDance Alibaba Nvidia AI chips semiconductors technology procurement

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