
AI-generated summary
The United States has imposed export controls on semiconductor companies such as Huida, restricting their sales of advanced chips to China. The Chinese government has recently learned through the Ministry of Industry and Information Technology about the purchasing needs of domestic companies for Huida RTX PRO 5500 chips, and it is reported that some purchasing plans may be approved.
China News Release! Alibaba and ByteDance are expected to purchase Huida’s latest chips. (Reuters)
[Financial Channel/Comprehensive Report] It is reported that the Chinese government may allow some domestic companies to purchase Nvidia’s latest chips, including Alibaba and ByteDance. "The Information" quoted two people familiar with the matter as reporting that China's Ministry of Industry and Information Technology has recently asked relevant companies to declare plans to purchase Huida RTX PRO 5500 chips, and has informed some companies that the government intends to approve these purchases.
CNBC reported that RTX PRO 5500 is a chip launched by Huida this month and is mainly used in high-end professional computers. China's Ministry of Industry and Information Technology recently learned about procurement plans from companies including Alibaba and ByteDance, including expected purchase quantities and uses.
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According to "The Information", the Chinese government has informed some companies that it intends to approve relevant purchases. At the same time, some industry executives expect that the RTX PRO 5500 may not be subject to U.S. export restrictions.
However, the relevant procurement plan has not yet been officially confirmed by the Chinese government. "The Information" pointed out that even if China approves the purchase, it is still unclear when it will be approved, how much the company can ultimately buy, and what criteria the government will use to decide. Reuters also stated that it could not immediately independently verify the report of "The Information".
In response to relevant news, a Huida spokesperson said that U.S. companies are still affected by the dual impact of U.S. export control measures and China’s restrictions on U.S. imported products.
As for Alibaba and ByteDance, the companies did not immediately respond to Reuters' requests for comment, and there was no immediate response from the Chinese government.
"The Information" pointed out that if the relevant procurement is approved, it will bring a new procurement channel for Huida in the Chinese market; however, the actual approval time, procurement quantity and related restrictions still need to be further confirmed.
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AI outlook — possibilities, not facts
The Chinese government will officially approve some companies to purchase Huida RTX PRO 5500 chips in the next few weeks.
Possible · Within weeks
Even if purchases are approved, the actual number of RTX PRO 5500 purchased by Alibaba and ByteDance will be limited
Likely · Within months

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