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Nvidia Launches Affordable AI Chip for China After U.S. Export Limits

  • Nvidia is launching a new AI chip for China priced at $6,500-$8,000 to comply with export rules.
  • The chip, based on the Blackwell architecture, uses GDDR7 memory and excludes HBM technology, aiming to boost Nvidia's presence in China.
  • Nvidia's market share in China fell from 95% to 50% due to export restrictions, prompting the company to introduce the new affordable AI chip.
  • Analysts project Nvidia's revenue to reach $43.4 billion in Q2, with the new AI chip contributing to its competitive edge.

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