Nvidia Reportedly Developing A New Version Of Its Flagship AI Chip For Chinese Market Amid US Export Restrictions (UPDATED)
Portfolio Pulse from Benzinga Neuro
Nvidia Corp. (NASDAQ:NVDA) is developing a new AI chip, the B20, for the Chinese market to comply with U.S. export controls. This move follows tightened U.S. semiconductor export restrictions to China. Nvidia is collaborating with Inspur for the chip's distribution, aiming to counter competition from Huawei and Enflame. Despite sanctions, Nvidia's H20 chip is expected to sell over 1 million units in China this year, generating over $12 billion.
July 22, 2024 | 7:46 am
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Nvidia is developing a new AI chip, B20, for the Chinese market to comply with U.S. export controls. This strategic move aims to counter competition from Huawei and Enflame, potentially boosting Nvidia's revenue in China despite ongoing sanctions.
Nvidia's development of the B20 chip for the Chinese market is a strategic response to U.S. export controls. Partnering with Inspur and targeting competition from Huawei and Enflame could enhance Nvidia's market position and revenue in China, despite sanctions.
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