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Here's Why China is Urging Its Companies to Forgo Nvidia's Chips
Sunday, September 29, 2024 - 2:31pm | 513In a move to strengthen its semiconductor industry and counter U.S. sanctions, Beijing is reportedly encouraging Chinese firms to prioritize locally produced artificial intelligence (AI) chips over those from Nvidia Corp. (NASDAQ:NVDA). What Happened: Chinese regulators are discouraging companies...