Tencent, Alibaba and ByteDance have "significantly increased" orders of a Nvidia chip after AI startup's success, and speculation on tougher export curbs; Beijing says plan for tougher curbs will backfire

Nvidia's results this week will put a spotlight on demand for its chips after low-cost AI models from China's DeepSeek raised doubts on the need for big outlays on pricey chips

Markets in Hong Kong, Shanghai and many other Asian capitals fell on Monday after Trump moved to curb Chinese investment in the US

Japan, India, South Korea and Taiwan, who all export products to the US from these three industries, have already been stumbling under the pressure of increasing tariff threats

Experts say that while it may be a 'hard pill for them to swallow', Chinese leaders are shifting their approach to the domestic tech industry

Rumours of TSMC potential tie-up with Intel sparked concern in Taiwan about losing its 'silicon shield' while White House said it was 'unlikely' to hand over American chip facilities to foreigners

The tightly choreographed pro-business meet marked a turnaround in Beijing's approach to the tech industry in the face of a slowdown in growth, deflationary concerns and a bitter rivalry with the US

Insiders say the White House is concerned about many of the terms underpinning the $39 billion Chips and Science Act industry subsidies

Chinese market analysts believe DeepSeek's launch is a 'watershed' moment that shows Beijing can hold its ground amid an intense tech war with rival US

Huawei to make DeepSeek model available on Ascend, while Alibaba, Baidu and Tencent's cloud arms also say they've made its models accessible via their services

"These moves are warnings that China intends to harm US interests if need be, but still give China the option to back down," one analyst said

Social media accounts run by Chinese state media, plus embassies highlighted DeepSeek's 'breakthrough' prior to the stock crash on Monday and push Beijing's narrative on surpassing the US in critical areas of competition, report says