China assembles tech leaders to determine demand for Nvidia's H200 chips: report [Seeking Alpha]
TENCENT HLDGS UNSP/ADR (TCEHY)
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Source: Seeking Alpha
processors and to consider setting limits on how many can be ordered, according to The Information The meetings were held with Quick Insights Chinese firms like Alibaba, ByteDance, and Tencent may face supply restrictions for advanced Nvidia H200 chips, potentially limiting their AI development capabilities. The bans caused Nvidia's China and Hong Kong revenue to drop significantly, from $8.14B to $2.9B year-over-year in the last reported quarter. China is considering allowing select use of Nvidia H200 chips while still encouraging local chipmakers to develop domestic alternatives. Recommended For You
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