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Home » China Tells Tech Firms To Stop Nvidia H200 Chip Orders

China Tells Tech Firms To Stop Nvidia H200 Chip Orders

Bezinga by Bezinga
3 days ago
0 0

Authorities in China have instructed several local technology firms to pause orders of Nvidia Corp. (NASDAQ:NVDA) H200 hardware. 

NVDA stock is moving. See the chart and price action here. 

Beijing likely intends to enforce a requirement that these organizations prioritize domestic artificial intelligence processors instead, according to Reuters and reported originally by The Information on Wednesday. 
China’s Shift Toward Domestic Chips
The directive aims to prevent Chinese corporations from amassing large inventories of American-designed chips before official policy changes. 
China’s move reflects a broader strategy to reduce dependence on U.S. hardware as the semiconductor industry remains a primary …Full story available on Benzinga.com

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