Tag: Chinese regulators

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Monday, June 4, 2024.(Annabelle Chih/Bloomberg)
Posted in Business

China urges local companies to stay away from Nvidia’s AI chips

Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence chips instead of Nvidia Corp. products, part of the nation’s effort…

Continue Reading
Chinese regulators looking for buyer for Silicon Valley Bank's local venture
Posted in China News

Chinese regulators looking for buyer for Silicon Valley Bank’s local venture

Chinese regulators held a meeting with banks to gauge their interest in taking over Silicon Valley Bank’s stake in a local joint venture, Bloomberg News…

Continue Reading