• Nvidia's RTX6000D AI chip sees limited demand after China bans local purchases.
• CEO Jensen Huang expresses disappointment over Chinese regulations and geopolitical tensions.
• The US and China navigate trade complexities while Nvidia manages strategic lobbying.
• The ban reflects a shift in China's strategy to strengthen its domestic semiconductor industry.
• Nvidia's ability to serve the Chinese market is contingent on regulatory compliance.

China has imposed a ban on its technology companies, including major players like Alibaba and ByteDance, from purchasing Nvidia's newly introduced RTX6000D AI chip. This decision is perceived as part of China's ongoing efforts to bolster its domestic semiconductor industry in response to tightened US export restrictions, which recently led to diminished access to advanced AI technology, according to SCMP, BBC, India Times, Al Jazeera, Reuters, LA Times, AA, Channel News Asia, and India Times.

Nvidia's CEO Jensen Huang expressed disappointment regarding the restrictions, stating, "We can only be in service of a market if a country wants us to be." Huang highlighted that Nvidia had contributed significantly to the Chinese market, calling the recent developments discouraging, as they complicate the firm's operational landscape amidst the escalating US-China trade tensions, reported SCMP, BBC, India Times, Al Jazeera, Reuters, LA Times, AA, Channel News Asia, and India Times.

The Cyberspace Administration of China (CAC) ordered the halt of testing and orders for Nvidia's chips amid a backdrop of expanding control over technology imports, framing the decision in light of the United States' national security concerns regarding advanced tech exports, according to multiple sources. Despite these challenges, Huang noted that Nvidia intends to maintain its supportive stance towards the Chinese market, should circumstances allow, reported SCMP, BBC, India Times, Al Jazeera, Reuters, LA Times, AA, Channel News Asia, and India Times.