Stocks
Nvidia May Sell Chips to Alibaba and ByteDance Amid Regulatory Shift
Nvidia Corp (NVDA.US), a leader in the semiconductor industry, may see its high-end chips sold to Chinese companies like Alibaba (09988.HK) and ByteDance after the Chinese government requested these firms submit plans for acquiring Nvidia's RTX PRO 5500 chips.
This potential development comes as the U.S. maintains stringent export controls and China has its own import limitations, creating a complex regulatory landscape for American tech firms.
Nvidia's GF Value is calculated at $396.54, indicating that the stock is currently undervalued by approximately 43.2% at its current price of $225.07.