China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, The Information reports
27/09/2026 16:21
China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, The Information reports Sept 27 (Reuters) - The Chinese government has signaled it could allow some domestic companies like ByteDance and Alibaba 9988.HK to buy a new Nvidia NVDA.O chip built for high-end professional computers, The Information reported on Sunday, citing two people familiar with the matter.
China's Ministry of Industry and Information Technology told some Chinese companies the government intends to approve the purchases, the report added.
Reuters could not immediately verify the report.
(Reporting by Sumedha Mukherjee in Bengaluru; Editing by Nia Williams)
Recent news on Alibaba Holding
See all newsGlobal Markets: Stocks drop as Meta dampens AI optimism; Treasury yields fall
Global Markets: Stocks fall as Meta dents AI optimism; French bonds under fire
Global Markets: Stocks fall, bonds gain as Meta dents tech optimism
Global Markets: Asian stocks sink to 3-month low on tech angst, Gulf tensions
Brief: Tesla teams up with Alipay on in-car assistant project, state-backed media reports