✉news TechnologySemiconductors first seen 7 h ago, last 41 min ago, peak #15
Alibaba Nears Approval to Buy Nvidia RTX Pro 5500 Chips in China
Original: Alibaba (NYSE:BABA) Nears Approval For RTX PRO 5500 Chip Purchases In China
Alibaba is reportedly close to receiving Chinese approval to purchase Nvidia's RTX Pro 5500 chips for use in its data centers. The move would give the Chinese tech giant access to advanced US-made graphics processors amid tight export controls. Investors are watching closely, since approval would signal a partial easing of restrictions on high-end chip sales to Chinese companies.
Why now: Ongoing US-China chip export restrictions make any approval for Nvidia hardware in China a significant market-moving development.
Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 41 min ago.
Evidence
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