Neutral impactEconomy
China May Let Alibaba Buy Nvidia's RTX Chips, Information Says
NDTV Profit 2 hrs ago·28 Sept 2026, 1:54 am
China’s Ministry of Industry and Information Technology has asked several domestic firms, including Alibaba, to report any plans to buy Nvidia’s newly launched RTX graphics processors. The request seeks details on quantities, intended uses and timelines, indicating the government is reviewing whether to allow such imports.
Approval would let Alibaba equip its cloud and AI platforms with some of the world’s most powerful GPUs, potentially boosting its service offerings. For Nvidia, gaining a foothold in the Chinese market could open a new revenue channel, while Chinese tech firms would access hardware that is otherwise hard to obtain locally.
Investors should monitor any official clearance, the size of any orders Alibaba eventually places, and how the move aligns with China’s broader semiconductor import policies. Further statements from Nvidia on supply or pricing could also influence market sentiment.
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- Category: Economy.
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