Chinese State-Backed Firm Funded Purchase of Nvidia Chips

T1Covered by 1 source · first reported by The Information (teasers) at 02 Oct, 07:49 UTC

A state-backed Chinese financing company has revealed in documents filed with regulators that it funded the purchase of Nvidia chips subject to U.S. export restrictions, Bloomberg reported on Friday. Semi-Tech Leasing Group, owned by several local government entities, has provided another ...