China bans tech firms from purchasing Nvidia's AI chips

TL;DR Summary
China's Cyberspace Administration has banned domestic tech companies from purchasing Nvidia AI chips, including the RTX Pro 6000D server, as part of ongoing trade tensions and local industry promotion, significantly impacting Nvidia's market presence in China and reflecting broader US-China semiconductor conflicts.
- China tells its tech companies they can’t buy AI chips from Nvidia TechCrunch
- Nvidia stock dips as China reportedly tells its companies to avoid buying chips Yahoo Finance
- Cold shoulder: Why Beijing is freezing Nvidia's access to the Chinese market CNBC
- China Tells Companies to Stop Buying Nvidia Chip With AI Uses Bloomberg.com
- China bans tech companies from buying Nvidia’s AI chips Financial Times
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