Nvidia refutes rumors of cutting supply to China

In a recent statement, Nvidia Corp . (NASDAQ:NVDA ) dismissed claims circulating on social media that it intended to reduce its supply to the Chinese market. The technology company made it clear that these rumors were unfounded and reiterated its commitment to the Chinese market, emphasizing its strategy to prioritize customer needs.

In a message shared on Chinese social media, Nvidia addressed the misinformation directly, stating its position on the matter. The company affirmed, "China is an important market for NVIDIA. NVIDIA adheres to its original intention of putting customers first and will continue to provide Chinese customers with the highest quality and efficient products and services." This statement underscores Nvidia's dedication to maintaining its service and product standards for its customer base in China.

Nvidia's clarification comes as a direct response to the false allegations that had been gaining traction online. By setting the record straight, the company aims to assure its stakeholders and customers in China of its ongoing support and reliable supply of products. Nvidia's presence in China is a key part of its global operations, and the company's latest communications reflect its strategy to foster trust and transparency in this significant market.

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Source: Investing.com