Chinese Tech Giants Shifting to Homegrown Chips

So, check this out. It seems like China's biggest tech companies are starting to move away from using Nvidia chips. Yeah, those things are getting harder to get a hold of because of US rules and, well, they're running low on the ones they have.
Apparently, companies like Alibaba, Tencent, and Baidu are already trying out chips made right there in China. They gotta keep up with all the folks who want to use AI stuff, you know? That's what some folks in the industry are saying, according to this report. I mean, I can't totally confirm it right now, but it sounds like a big deal, right?