UPDATED TUE 03 NOV · 06:16 UTCLIVE
WorldHigh

Nvidia orders cloud clients to cut China exposure

Nvidia told cloud providers they must sell at least 51% of compute to non-Chinese customers, a mostly verbal policy affecting future contracts.

What we know

FT exclusive says the rule applies globally. A scoop RT'd by FT says it spares signed contracts and has been enforced verbally since summer.

Sources

@FT

“must now sell at least 51% of their services to non-Chinese companies”

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@FT

“Nvidia orders data centre clients to reduce China exposure”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.