TECH - Satya Nadella Says Microsoft Prefers Avoiding China Amid US National Security Concerns | Benzinga
Microsoft Corp. (NASDAQ:MSFT)’s CEO Satya Nadella has made his stance clear the tech giant is less focused on China’s domestic market, despite having several prominent Chinese customers with global operations.
What Happened: In a recent CNBC report, Nadella clarified Microsoft’s position at the Ignite conference in Seattle. “We are mostly focused on the global market ex-China,” he stated.
Notably, Microsoft provides artificial intelligence services to well-known Chinese companies like Li Auto (NASDAQ:LI) and Xiaomi.
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These comments emerged at a time when business leaders are gathering in San Francisco amid escalating tensions between the U.S. and China's economies. This development followed the U.S. Commerce Department’s decision to introduce additional export restrictions on AI chips for China in the previous month.
"It's clear that the United States has a particular set of policy decisions that they're making on what it means to both have trade and competition and national security. Obviously, ...