WHAT HAPPENED
s government has signalled it could allow domestic firms including ByteDance and Alibaba to buy Nvidia Confirmation or denial of the report, either from Beijing or from Nvidia, would be the key catalyst for a bigger move either way. Summary: The Information reports, citing two people familiar with the matter, that China's government has signalled it could allow domestic firms including ByteDance and Alibaba to buy Nvidia's RTX Pro 5500 chip. The ministry has reportedly told some companies it intends to approve the purchases. Some industry executives are said to expect the RTX Pro 5500 to fall outside current US export restrictions.
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