Overview

• China’s internet regulator instructed Alibaba, ByteDance and other platforms to halt tests and cancel orders of Nvidia’s China‑compliant RTX Pro 6000D, a part introduced in July to stay within U.S. export limits.
• Chinese authorities also pressed Huawei, Cambricon, Alibaba and Baidu to benchmark their chips against Nvidia’s and accelerated plans to favor domestic alternatives.
• Separately, China’s market regulator opened an antitrust investigation into Nvidia tied to its Mellanox acquisition, adding legal pressure to procurement curbs.
• Nvidia said it will invest $5.0 billion in Intel at $23.28 per share for roughly a 4% stake, with plans to co‑develop customized x86 CPUs, chiplets and products for data centers and PCs, pending regulatory approvals.
• CEO Jensen Huang voiced disappointment over China’s move and told analysts to exclude China from short‑term forecasts, while markets saw Intel surge roughly 25%–30% on the deal and Nvidia post modest gains after an initial drop on the China news.