TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

China Cuts Data Center Energy Costs By 50% With Major Subsidies To Boost Domestic Chip Industry: Report

Benzinga Logo Benzinga By Namrata Sen
China Cuts Data Center Energy Costs By 50% With Major Subsidies To Boost Domestic Chip Industry: Report

China is providing significant subsidies to data centers to reduce energy costs by 50%, supporting domestic chipmakers and reducing reliance on foreign technology, particularly in response to U.S. export controls on advanced AI chips.

Insights
BABA   neutral

Mentioned as a beneficiary of energy subsidies, introduced new computing system reducing Nvidia GPU dependency