China Tech Giants Swapping Nvidia for Homegrown Chips

So, guess what's happening with China's big tech companies? Like Alibaba, Tencent, and Baidu? They're apparently starting to use chips made right there in China. It's like they're running low on those Nvidia chips, you know? Plus, the United States is making it tougher to get them.
According to the Financial Times, these companies are trying out different types of chips to keep up with the growing need for AI stuff in China. It makes sense, right? You gotta have the parts to build cool tech.
Honestly, I don't know if Reuters has checked this out yet. It's just what the Financial Times is reporting, quoting some folks in the industry. It's kind of wild to think about how this could change things, huh?