China bans its biggest tech companies from acquiring Nvidia chips, says report — Beijing claims its homegrown AI processors now match H20 and RTX Pro 6000D

This is a smart move, as the US was trying position China into middling complacency by allowing them to access Nvidia chips but banning China from accessing the leading edge ones. Banning Nvidia all together prevents this and forces domestic Chinese chip makers to go full throttle on their own innovation.