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Nvidia Plans New AI Chip For China, Rules Out Hopper

  • Nvidia is working on a new graphics chip for the Chinese market, ruling out the use of the Hopper architecture that was previously driving their China-oriented H20 chip.
  • The company confirmed that they do not have a new chip ready at the moment but are considering it due to the ban on their previous product caused by export controls.
  • China accounts for about 14% of Nvidia's total revenue, and the loss of H20 revenues due to the export ban has created a significant impact on the company's business in the region.
  • Nvidia faces competition from domestic companies like Huawei in China, as the export ban has spurred the development of AI chip technologies by Chinese firms, challenging US-based companies in the market.

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