China AI Chip Leader Soars 20% Limit as Beijing Warns on Nvidia
Briefly

The Chinese government is increasing pressure on domestic firms to move away from Nvidia processors, favoring local companies like Cambricon and Huawei to bolster self-sufficiency.
Regulators have guided companies to reduce reliance on Nvidia's H20 chips, allowing domestic AI startups to thrive while navigating potential US restrictions.
Read at Yahoo Finance
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