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    Chinese chip stocks fall on Nvidia approval signal●Chinese chip stocks dropped on the Nvidia approval signal—SMIC down 3.7%, Moore Threads 6.3%, Cambricon 5.7%. ByteDanceMmastodonTechnologySemiconductors125 min ago

    Shares of Chinese chipmakers fell after signals that Nvidia would receive approval to sell GPUs in China, with SMIC down 3.7%, Moore Threads 6.3% and Cambricon 5.7%. Reports also suggest ByteDance may order about one million Nvidia RTX Pro 5500 cards for multi-card server setups, though the workstation GPU lacks the high-bandwidth memory needed for large-scale AI training.