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Chinese Regulators Tell Local Tech Firms to Buy Fewer Nvidia Chips

Chinese authorities have a message for the local tech industry: Buy Chinese.Officials with government agencies in recent months have told tech firms, including TikTok parent ByteDance, Tencent, Alibaba and Baidu, to cut back on their purchase of foreign-made artificial intelligence chips in favor of buying more domestically made chips, said two people who work with the tech giants....

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