Nvidia Plans to Release Three New AI Chips for China Amid U.S. Restrictions
The new chips, expected to be announced on November 16, are designed to comply with U.S. export rules, allowing Nvidia to maintain its dominant position in China's AI chip market.
- Nvidia is planning to release three new artificial intelligence (AI) chips for the Chinese market, named HGX H20, L20 PCIe, and L2 PCIe, in response to U.S. export restrictions.
- The new chips are designed to comply with U.S. export rules, allowing Nvidia to maintain its dominant position in China's AI chip market, where it holds over 90% share of the $7 billion industry.
- The U.S. restrictions, aimed at preventing China from acquiring cutting-edge U.S. technologies for military use, have been criticized as harmful to both countries' interests and as a deterrent to normal business transactions.
- The new chips are expected to replace the A800 and H800 AI chips, which were created for the Chinese market last year to comply with previous export rules but were recently banned by the U.S.
- Despite the restrictions, Nvidia continues to see China as a crucial market, accounting for 20% to 25% of its revenue in its data center business, its biggest unit.
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