China Urges Tech Giants To Shift Away From Nvidia And Other Foreign Chip Makers, Boost Domestic AI Chip Purchases: Report from drip stock Watch Video
Preview(s): Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Your browser does not support playing the video.Please download the video!
⏲ Duration: 1:4 👁 View: 20.6M times ✓ Published: 14-May-2024
Description: 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.<br/><br/>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.