Tencent pauses H20 buys amid CAC scrutiny
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What happened: On August 13, during its Q2 earnings call, Tencent said it’s waiting for more clarity on Beijing’s scrutiny of Nvidia’s H20 before buying.
Per Tencent President Martin Lau:
“With respect to the acquisition of chips, especially the US chips, the answer is that we don't really have a d...