China Tech Giants Eye Homegrown Chips Amid Nvidia Shortage

Okay, so get this: China's biggest tech companies are apparently switching over to using their own chips. It seems like they're running low on those Nvidia processors, you know? And with the US making it harder to get them, they gotta find another way.

According to the Financial Times, companies like Alibaba, Tencent, and Baidu are already testing out these different chips. They need them for the growing demand for AI stuff over there. I mean, who knows for sure, Reuters said they couldn't immediately confirm it, but it sounds like a pretty big deal, right?