Market Chatter: China Examines Use of Broadcom Switches in Domestic AI Centers

MT Newswires Live
Sep 23

China's State-owned Assets Supervision and Administration Commission is surveying the use of Broadcom's high-end switches in state-owned data centers, the Financial Times reported Wednesday, citing two people familiar with the survey.

The review comes as the country pushes to replace foreign AI infrastructure with domestic ones, as Broadcom's product penetration reaches as high as 90%, according to the FT.

The results could lead to SASAC issuing guidelines to reduce the use of Broadcom switches, according to the report, citing one of the persons.

SASAC and Broadcom did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10