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China Gives Green Light to Alibaba's Nvidia Chip Purchase

Guavy AI Editorial Team
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NVDA
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China's Ministry of Industry and Information Technology has reportedly signaled that it may allow companies like Alibaba Group Holding Ltd. to purchase Nvidia Corp.'s new RTX Pro 5500 chips.

The high-end graphics processor chip was released this month, and the ministry asked some companies to report on their plans to buy it, including how many they would purchase and what they would use them for.

According to The Information, the ministry told some firms that it intends to approve the purchases.

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