China Halts AI Chip Orders: Impact on Tech Giants

China's internet regulator has issued a directive requiring the country's leading technology companies to cease the purchase of Nvidia's artificial intelligence chips. This move, reported by the Financial Times, impacts notable companies such as ByteDance and Alibaba.

According to sources familiar with the matter, the Cyberspace Administration of China (CAC) instructed these companies to halt their testing and cancel existing orders of the RTX Pro 6000D. The decision underscores China's tightening control over the tech sector.

At the time of writing, Reuters has been unable to independently verify these reports. The development poses significant questions about the future trajectory of AI technology in China.

(With inputs from agencies.)