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✉news TechnologySemiconductors first seen 23 h ago, last 2 min ago, peak #10

China may allow Alibaba and ByteDance to buy Nvidia chips

Original: China may permit Alibaba, ByteDance to buy new Nvidia chips – The Information

China may permit Alibaba and ByteDance to purchase new Nvidia chips, according to a report by The Information relayed by Investing.com and Yahoo Finance. The potential approval would mark a shift for two of China's largest tech companies, which have faced restrictions on accessing advanced US-made semiconductors amid ongoing US-China trade tensions over chip exports.

Why now: A possible easing of restrictions on Nvidia chip purchases by major Chinese tech firms is significant news for the semiconductor industry and US-China trade relations.

AlibabaByteDanceNvidiaChinaThe Information

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