Nvidia chief executive Jensen Huang said the U.S. and Beijing "have larger agendas to work out" after media reports of China's internet regulator ordering top tech firms to halt purchases of the American company's AI chips and cancel existing orders.
Breakdown
- China's cyberspace regulator ordered top tech firms to stop buying Nvidia's AI chips. 5s
- The directive targets companies like ByteDance and Alibaba and the RTX Pro 6000D chip. 21s
- The move follows Beijing's accusation that Nvidia violated anti-monopoly laws. 34s
- Nvidia's CEO stated the company can only serve markets where it is allowed. 51s
- Some firms had already backed out of RTX 6000D chip orders before the ban. 1m 11s