China's Tech Giants Turning to Homegrown Chips

Hey, so apparently, China's biggest tech companies are starting to use chips made right there in China. It seems like they're running low on those Nvidia chips, you know? And the U.S. is making it harder to buy them.

The Financial Times reported this, and they said companies like Alibaba, Tencent, and Baidu are already trying out these new Chinese chips. They need them 'cause everyone in China wants more AI stuff, and you need good chips for that. Reuters said they couldn't confirm it right away, though. Idk, maybe it's true, maybe not, but it sounds pretty interesting, right?