Overview

• China’s Cyberspace Administration instructed firms including ByteDance and Alibaba to stop testing and cancel orders for Nvidia’s China-tailored RTX Pro 6000D, according to the Financial Times.
• The reported order prompted companies to tell suppliers to pause related work after some had planned to buy tens of thousands of units.
• The move is described as tougher than earlier guidance that discouraged use of Nvidia’s H20 chips, tightening limits on the U.S. company’s China sales pipeline.
• Regulators recently convened Huawei, Cambricon, Baidu, and Alibaba to compare their processors and concluded domestic AI chips now match or exceed the Nvidia products permitted under export controls.
• Nvidia CEO Jensen Huang said in London he was disappointed and that the company can only serve markets that want it, as Nvidia shares fell roughly 3% in Wednesday trading following the reports.