CHINESE OFFICIALS URGE FIRMS TO SHUN NVIDIA AI CHIP

Summary from the TLDR newsletter

China's top cybersecurity regulator has urged big tech companies not to buy Nvidia's RTX Pro 6000 chip, a less-advanced AI chip that the US has allowed Nvidia to sell to Chinese customers. Domestic firms have been encouraged to switch to homegrown hardware. Some Chinese officials view the country's chips as strong alternatives to those Nvidia is allowed to sell in China. China has had trouble ramping up production of its best chips in part because its access to leading-edge components and chip-making equipment has been blocked by the US.