Nvidia CEO Jensen Huang expressed disappointment over reports that Beijing has barred Chinese tech companies from purchasing his company’s world-leading AI chips.
Beijing has expressed national security concerns about Nvidia chips and urged Chinese businesses to rely on local semiconductor suppliers.
The Cyberspace Administration of China ordered companies to end all testing and purchase plans for Nvidia’s restricted chips.
Observers believe Beijing’s moves are part of its effort to accelerate domestic production from companies like Huawei.