10:09 AM EDT, 08/01/2025 (MT Newswires) -- (Updated to add Nvidia's ( NVDA ) comment in the fourth paragraph.)
Nvidia ( NVDA ) was urged Friday by a Chinese state-controlled media outlet to present "convincing security proofs" in order to eliminate Chinese users' concerns related to alleged security risks in its chips, Reuters reported Friday, citing a commentary published by the People's Daily.
The commentary published on a social media account of the People's Daily said that international companies have to follow Chinese rules and that security must be a basic prerequisite, Reuters reported.
China's Cyberspace Administration said Thursday it was concerned over potential security risks linked with Nvidia's ( NVDA ) H20 AI chip, according to multiple media reports.
"Cybersecurity is critically important to us," a Nvidia ( NVDA ) spokesperson told MT Newswires in an emailed statement on Friday. "Nvidia ( NVDA ) does not have 'backdoors' in our chips that would give anyone a remote way to access or control them."
(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.)
Price: 172.18, Change: -5.69, Percent Change: -3.20