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China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, The Information reports

  • Chinese government has ​signaled it could allow some domestic ‌companies like ByteDance and Alibaba to buy Nvidia’s chip
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The Chinese government has ​signaled it could allow some domestic ‌companies like ByteDance and Alibaba to buy Nvidia’s 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 recently asked companies including ByteDance and ​Alibaba to report their plans to purchase Nvidia’s ​RTX PRO 5500 chips, according to the report.

The ministry told some Chinese companies the government intends to approve ​the purchases, The Information report said, adding ​some industry executives expect the RTX PRO 5500 chip to ‌avoid ⁠US export restrictions.

Reuters could not immediately verify the report.

“US firms continue to be restricted by a combination of outdated US export controls, which ​cover gaming ​products released ⁠nearly a half a decade ago, and China’s own limits on ​US imports,” an Nvidia spokesperson said, ​when ⁠asked to comment on the report.

Alibaba and ByteDance did not immediately respond to Reuters’ requests for ⁠comment. Reuters ​was not immediately able to ​contact the Chinese government for comment.