✉news TechnologySemiconductors first seen 8 h ago, last 1 h 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 picked up by Investing.com and Yahoo Finance. If confirmed, the move would ease restrictions on two of China's largest technology companies and reopen a key channel for American semiconductor sales that had been constrained by tightening export controls and trade tensions.
Why now: A potential easing of Chinese restrictions on Nvidia chip purchases would be significant for US-China tech trade, so the report is circulating widely.
Evidence
- China may permit Alibaba, ByteDance to buy new Nvidia chips – The Information · Investing.com
- China may permit Alibaba, ByteDance to buy new Nvidia chips – The Information · Yahoo Finance
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