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China's tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says (markets.businessinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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China's tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says::Alibaba, TikTok-owner Bytedance, and other Chinese tech giants have reportedly rushed to order Nvidia chips as US-China trade tensions mount.

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[–] Astroturfed@lemmy.world 0 points 1 year ago (1 children)

Love china calling this economic coercion and bullying. It's almost like they have experience with this behavior and can recognize it.

[–] Proweruser@feddit.de 0 points 1 year ago

When has China engaged in this behaviour? I only know of price dumping. Outright sanctions would be news to me.