News of the delay follows analysts concerns around Nvidia’s plan to introduce three new chips for China, as developing new chips can be highly resource-intensive

While the Chinese president’s US visit didn't do much to ease the weight of Washington's chip sanctions on the world's second-largest economy, it did manage to score several brownie points

"The shelving is a surprise and makes us wonder if there are issues behind the scenes that we aren't aware of," one analyst said, but news that Jack Ma's family trust was selling shares likely also hurt the stock

Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions

Huawei saw its sales surge 83% in the first four weeks of October, according to data from Hong Kong-based research firm Counterpoint

A global chip glut and Washington’s moves to limit China’s semiconductor industry weighed on SMIC, but the chipmaker shrugged off the revenue drop

Companies from the Netherlands have upped their interest in the Southeast Asian nation, as trade restrictions increase

Chinese tech giants, including Alibaba, ByteDance and Baidu, had placed orders worth billions for 2024 and Nvidia had planned to deliver some of them by mid-November

Wang, who is in the US until Saturday, is also set to meet Biden's national security adviser, Jake Sullivan, at the White House

A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry

In a filing to the SEC, Nvidia noted five chips that will be impacted as the rules go into effect: the A100, A800, H100, H800, and L40S

ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year