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Chinese government bans use of foreign AI chips in state-funded data centers: report Comments China has issued guidance to new data center projects that have received any state funds to only use locally made AI chips, Reuters reported, citing people with knowledge of the matter. Shares of Advanced Micro Devices (AMD) fell about Quick Insights China's mandate is likely to reduce Nvidia and AMD sales as data centers must remove or avoid foreign AI chips, leading to potential loss of market share in China. China's policy is expected to boost sales and market share for local AI chipmakers such as Huawei, Cambricon, MetaX, Moore Threads, and Enflame. The restrictions may widen the AI computing power gap in favor of the U.S., as U.S. companies retain advanced Nvidia chips while China's access to such technology is reduced. Recommended For You More Trending News
