Overview

• China’s internet regulator instructed major firms including Alibaba and ByteDance to suspend tests and cancel orders of Nvidia’s RTX Pro 6000D, according to reporting cited by multiple outlets.
• Chinese market authorities have escalated scrutiny of Nvidia, recently finding antitrust violations tied to its Mellanox acquisition and convening local chipmakers to benchmark domestic alternatives.
• Nvidia CEO Jensen Huang said he was disappointed by China’s move and advised analysts not to include China in projections, calling the relationship a roller coaster shaped by government policies.
• Nvidia shares fell about 2.6% on Wednesday after reports of cancellations, then rose roughly 3% Thursday as Intel surged around 25–30% following the companies’ collaboration announcement.
• Nvidia will invest $5 billion in Intel by purchasing shares at $23.28 and partner on custom data‑center infrastructure and PC products, with the deal subject to regulatory approvals.