China may permit its firms to buy advanced Nvidia chips
The Chinese government is studying the possibility of allowing its major companies, such as Alibaba Group Holding and ByteDance, to purchase advanced RTX Pro 5500 chips from Nvidia. This move could enable them to bypass the export restrictions imposed by both the United States and China on these chips. The ministry has requested some companies to submit their plans regarding the purchase and intended usage of the chips, with approval of the transactions expected. This step comes amid trade and technology tensions between China and Washington, as well as increasing demand for high-performance artificial intelligence chips.
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