Nvidia has a new rule for its cloud clients, and China is the 'target'

Nvidia has told its data centre clients that at least 51% of their services must go to non-Chinese buyers, a new rule that squeezes China’s access to advanced AI chips and computing power. The order applies globally to future cloud contracts, leaving Chinese tech firms with fewer ways to train AI models and pushing up black market prices of banned Nvidia B300 chips in China.