China Urges Tech Giants To Shift Away From Nvidia And Other Foreign Chip Makers, Boost Domestic AI Chip Purchases: Report

Benzinga 2024-05-14

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China has reportedly instructed its tech giants to reduce their reliance on foreign-made chips, particularly those from NVIDIA, and increase their purchase of domestic AI chips.

The Chinese government has advised major tech companies such as Alibaba, Baidu, ByteDance, and Tencent to decrease their spending on foreign-made-chips, including those from Nvidia, The Information reported on Monday, citing people familiar with the matter.

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