The US government is said to be considering allowing Nvidia to sell its H200 AI chips to China. Photo: Shutterstock Images

    China’s Nvidia challengers set for bumper IPOs amid tech self-sufficiency drive

    China’s Nvidia challengers Moore Threads and MetaX are set for their hotly anticipated market debuts, driven by investor excitement over domestic demand for home-grown graphics processing units (GPUs) amid Beijing’s tech self-sufficiency drive. Moore Threads opened a subscription lottery last week at 114.28 yuan per share, the highest pricing among A-share listings this year, and…

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    China must overcome tech ‘choke points’, People’s Daily warns, amid US tensions

    China must overcome tech ‘choke points’, People’s Daily warns, amid US tensions

    The mouthpiece of China’s ruling Communist Party has urged the nation to break through technological “choke points” and avoid becoming “subordinate to other nations” in a series spotlighting the country’s achievements in hi-tech industries. The series of editorials comes as Beijing prepares to outline its next five-year plan and amid a renewed escalation in trade…

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