China's Tech Giants Eyeing Homegrown Chips as Nvidia Stockpile Dwindles

So, get this: China's biggest tech companies? Yeah, like Alibaba and Tencent and Baidu. They're starting to ditch their fancy Nvidia chips. Why? Well, their stash of those things is getting low, and the US is making it harder to get 'em. It's kinda a big deal.

Apparently, they're trying out chips made right there in China. The idea is to keep up with the huge demand for AI stuff they have at home. Some folks in the industry are saying this, but idk, Reuters couldn't confirm it right away. It makes sense though, right? Gotta have chips if you wanna do AI.