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Stock impact report

China informs Alibaba, others to prep for Nvidia H200 orders: report [Seeking Alpha]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: Seeking Alpha
Regulators have recently granted in-principle approval for Alibaba, Tencent ( TCEHY TCTZF ), and ByteDance ( Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Regulators have given in-principle approval and may approve H200 imports soon, but conditions such as also purchasing domestically produced chips apply and imports will be barred from sensitive uses. Approval would allow companies like Alibaba, Tencent, and ByteDance to negotiate and potentially acquire H200 chips, enhancing their AI capabilities, though subject to certain quotas and usage restrictions. Nvidia faces rising competition from local Chinese chipmakers like Huawei and Cambricon, which have gained ground as China focuses on self-reliance amid import uncertainties and restrictions on some Nvidia chips. Recommended For You More Trending News Show less Read more
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