Alibaba chairman Joe Tsai said US chip export restrictions to China have ‘definitely affected’ mainland tech firms, including the e-commerce giant’s cloud computing business.
China s export restrictions are significantly different from those imposed by the United States as they do not target any particular country or company, Chinese Foreign Ministry spokeswoman Mao Ning said on Monday.
The company said it does not expect the revocation or the latest US export control restrictions to have a material impact on its financial outlook for 2023.
The chipmaker has been quick to redesign its products to pass the current restrictions, but US Commerce Secretary Gina Raimondo seems to have had enough.