NVIDIA denies rumors of supply cuts, stating that China is an important market

Zhitong
2024.12.12 12:47
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On December 12th, NVIDIA's official Weibo account announced that recent claims on social media stating that NVIDIA has cut off supplies to the Chinese market are false rumors. NVIDIA stated in the announcement that China is an important market for NVIDIA. Adhering to the principle of customer respect, NVIDIA will continue to provide the highest quality and most efficient products and services to Chinese customers. It is understood that recently, some self-media reported that all products in NVIDIA's Tmall flagship store were removed from shelves. However, sources familiar with the matter revealed that the flagship store is only used for displaying products and does not sell directly, so there is no such thing as "removal from shelves." Previously, NVIDIA was investigated by the State Administration for Market Regulation for suspected violations of antitrust laws

According to the Zhitong Finance APP, on December 12th, NVIDIA (NVDA.US) announced on its official Weibo account that recent claims on social media stating that NVIDIA has cut off supplies to the Chinese market are false rumors.

NVIDIA stated in the announcement that China is an important market for NVIDIA. Adhering to the principle of customer first, NVIDIA will continue to provide the highest quality and most efficient products and services to Chinese customers.

It is understood that recently, some self-media reported that NVIDIA's Tmall flagship store had cleared all products off the shelves. However, sources familiar with the matter revealed that the flagship store is only used for displaying products and does not sell directly, so there is no such thing as "removal from shelves."

Previously, NVIDIA was investigated by the State Administration for Market Regulation for suspected violations of antitrust laws