Chinese regulators have signaled a major shift in trade policy by telling the country’s largest technology firms that they can begin preparing orders for Nvidia Corp. (NASDAQ:NVDA) H200 artificial intelligence chips.
Regulators recently granted in-principle approval for Chinese tech giants, including Alibaba Group Holding Limited (NYSE:BABA), Tencent Holding Ltd (OTC:TCEHY), and ByteDance, for the next stage of purchasing preparations.
These companies now have clearance to discuss specific requirements, such as the exact volume of chips they will need …Full story available on Benzinga.com
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