In TrendsHDFC Bank New CEO Live UpdatesStock MarketRupee vs DollarRunwal Enterprises IPOGold and SilverChina may let Alibaba buy Nvidia’s RTX chips, Information saysWhile Chinese AI developers rely on Nvidia for training frontier large language models, they’re grappling with a persistent shortage of capable AI chips.By Bloomberg September 28, 2026, 8:07:31 AM IST (Published)(Photo Credit : REUTERS)The Chinese government has signaled it may allow companies such as Alibaba Group Holding Ltd. and ByteDance Ltd to buy Nvidia Corp.’s new RTX Pro 5500 chips, The Information reported, citing people familiar with the matter.The Ministry of Industry and Information Technology recently asked some companies to report on their plans to purchase the high-end graphics processor released this month, including how many and what they would use the product for, the Information said. The ministry told some of the firms it intends to approve the purchases, it reported.Also Read: Alibaba unveils AI chip to drive global data centre buildoutWashington bars Nvidia’s most powerful accelerators from China, concerned they would propel the country’s AI efforts and aid the military of a geopolitical ally. The RTX Pro 5500, however, is a processor intended mainly for graphics and simulations, though it can also support AI services. Unlike…
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