Nvidia tells data center partners to limit China sales- FT

What happened: Nvidia (NASDAQ:NVDA) told its data center partners to reduce exposure to Chinese customers, the Financial Times reported, citing five people with knowledge of the matter. Key numbers: Cloud computing clients must now sell at least 51% of their services to non-Chinese companies. Why it matters: The verbal instructions, previously not in place, add obstacles for Chinese firms that lease overseas computing capacity for AI work, as Washington keeps limiting Chinese access to advanced U.S. chips through cloud deals. Market: -1.3% today ($202.06), +7.1% YTD, 1.0x vol — as of 00:45 UTC Coverage: 4 outlets in 24h

Nvidia (NASDAQ:NVDA) told its data center partners to reduce exposure to Chinese customers, the Financial Times reported, citing five people with knowledge of the matter.

The verbal instructions, previously not in place, add obstacles for Chinese firms that lease overseas computing capacity for AI work, as Washington keeps limiting Chinese access to advanced U.S. chips through cloud deals. Market: -1.3% today ($202.06), +7.1% YTD, 1.0x vol — as of 00:45 UTC