According to the Financial Times, the internet regulator told Chinese tech companies, including ByteDance and Alibaba, to cancel their orders for and to stop testing NVIDIA's RTX Pro 6000D.
NVIDIA has revealed that its revenue for the second quarter ending on July 27 rose 56 percent compared to the same period last year, and that's without shipping any H20 chips to China.
Chinese regulators reportedly dissuaded local companies from purchasing NVIDIA's H20 chips, because they found certain statements by US commerce secretary Howard Lutnick "insulting."