By Reuters | Updated: May 30, 2025
May 29 (Reuters) – China’s biggest technology companies have begun the process of switching to homegrown chips as they contend with a dwindling stockpile of Nvidia (NVDA.O) processors and tightening United States export controls, the Financial Times reported on Thursday.
Alibaba (9988.HK) Tencent (0700.HK) and Baidu (9888.HK) re among those starting to test alternative semiconductors to meet growing domestic demand for AI, the report said, citing industry executives.
Reuters could not immediately confirm the report.
Reporting by Gursimran Kaur in Bengaluru; Editing by Alan Barona
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