China Urges Local Companies to Stay Away From Nvidia's AI Chips.

Chinese regulators are encouraging local companies to buy domestically produced artificial intelligence (AI) chips instead of Nvidia's products, as part of China's efforts to expand its semiconductor industry and counter US sanctions. While there is no outright ban on Nvidia's H20 chips, Chinese regulators have issued guidance to discourage their use. The move aims to support domestic AI chipmakers and prepare local tech companies for potential additional US restrictions. However, Chinese officials are still willing to tolerate the purchase of foreign semiconductors if it helps local companies build the best AI systems. [Extracted from the article]