The Chinese government has signaled it could allow some domestic companies like ByteDance and Alibaba to purchase Nvidia chips designed for high-end professional computers, according to two people familiar with the matter cited by The Information. China’s Ministry of Industry and Information Technology asked companies including ByteDance and Alibaba to report their plans to purchase Nvidia’s RTX PRO 5500 chips. The ministry told some Chinese companies the government intends to approve the purchases. Some industry executives expect the RTX PRO 5500 chip to avoid U.S. export restrictions. Reuters could not immediately verify the report.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
