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S&P: If Chip Control Relaxed, BABA-W/ TENCENT May Spend US$2B+ on Nvidia H200 Chips Next Yr
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If the US permits Nvidia (NVDA.US) to sell its H200 chips to China, Chinese internet firms could accelerate AI-related investments, rating agency S&P published a report saying. S&P estimated that, if chip control relaxation is implemented, BABA-W (09988.HK) and TENCENT (00700.HK) could spend US$2 billion or more next year on H200 chips, excluding procurement expenditures on other domestic and international AI chips. AASTOCKS Financial News Website: www.aastocks.com |
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