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Benzinga
Benzinga
Business
Anusuya Lahiri

Beijing Asks Alibaba, ByteDance Why They Need Nvidia H20 Chips Instead Of Local Alternatives

Nvidia BABA Alibaba ByteDance Beijing NVDA Alibaba Group United States Vivek Arya China
Nvidia in China

Beijing is pressuring major Chinese tech companies, including Alibaba Group (NYSE:BABA) and ByteDance, to justify their purchases of Nvidia's (NASDAQ:NVDA) H20 artificial intelligence chips instead of opting for domestic alternatives.

This adds friction to Nvidia's China business after reaching an export revenue-sharing arrangement with the Trump administration.

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