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China weighs allowing ByteDance, Alibaba to buy new Nvidia chips

The Information reported China may approve purchases of a new Nvidia chip for high-end professional computers. Reuters could not immediately verify the report.

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Sept 27 — The Chinese government has signaled it may allow some domestic companies, including ByteDance and Alibaba, to buy a new Nvidia chip designed 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 that the government intends to approve the purchases, the report said. Reuters could not immediately verify the report.