The Financial Times reported that Nvidia is ordering its data center partners to reduce work with Chinese customers, requiring cloud clients to sell at least 51% of their services to non-Chinese companies, citing five people with knowledge of the matter. The rules apply only to future contracts, not existing agreements. Nvidia neither confirmed nor denied the report to AFP, but said American-built data centers and clouds are the foundation for U.S. model and application makers to compete worldwide. A Chinese foreign ministry spokeswoman said she was not aware of the report and called for a fair, transparent and non-discriminatory business environment for companies from all countries. The report comes as China and the United States compete for dominance in artificial intelligence.
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NVDAdata centersChinaartificial intelligence
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NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/02/2026 | 202.06 |
| Change that session | -1.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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