China Considers Lifting Nvidia Chip Ban for ByteDance and Alibaba
The Chinese government has signaled that it may allow domestic companies like ByteDance and Alibaba to purchase Nvidia's high-end professional computer chip, RTX PRO 5500. This decision comes after China's Ministry of Industry and Information Technology asked these companies to report their plans to buy the chip.
Nvidia's spokesperson said that US firms continue to be restricted by outdated export controls, which cover gaming products released nearly half a decade ago, as well as China's own limits on US imports. Some industry executives expect the RTX PRO 5500 chip to avoid US export restrictions.