Tencent says US AI chip import situation unclear as governments negotiate

Chinese tech giant Tencent said on Wednesday it lacks clarity on US AI chip imports as Beijing and Washington continue negotiations, though the company maintains it has sufficient inventory for its AI operations.

“We don’t really have a definitive answer on the import situation yet. There are a lot of discussions between the two governments. We are waiting to see what exactly comes out of that,” Tencent President Martin Lau said during a post-earnings call.

The comments come amid ongoing tensions over advanced semiconductor trade between the world’s…