China tells tech firms to stop buying NVIDIA

China’s internet regulator has ordered top technology firms to halt purchases of Nvidia artificial intelligence chips and cancel existing orders as part of a broader push to cut reliance on U.S. technology, the Financial Times reported.
Shares of the US company were down 1% in premarket trading.
Successive U.S. administrations have restricted China’s access to advanced chips, prompting Beijing to press domestic firms to turn away from American suppliers, hitting industry leaders like Nvidia.
The move comes days after China accused the company of violating its anti-monopoly law, marking the latest flare-up in the trade war with Washington.
The Cyberspace Administration of China (CAC) directed companies including ByteDance and Alibaba this week to terminate their testing and orders of the RTX Pro 6000D, citing three people with knowledge of the matter.