'Matching Nvidia In Short-Term Is Unlikely,' Analysts Predict As China Ramps Up Search For Rivalling Jensen Huang-Led Chip Giant Amid US Sanctions

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This initiative is part of Beijing’s wider strategy to lessen its reliance on American technology.However, U.S.sanctions on China and Nvidia’s market dominance pose significant hurdles, CNBC reported on Thursday.“Competing with Nvidia still presents substantial challenges in technological gaps, especially in general-purpose GPU.

In its bid to create a domestic competitor to rival Nvidia Corporation (NASDAQ:NVDA) in the artificial intelligence (AI) chip market, China is reportedly facing significant challenges due to U.S.sanctions and technological gaps.

Nvidia’s success is largely due to its server products, which contain graphics processing units (GPUs) that allow companies to train their AI models on extensive data.

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Category: Technology

Markets: United StatesChinaTaiwan

Topics: BABA US0567521085 Benzinga Consumer Tech Pooja Rajkumari Stories That Matter BIDU Jensen Huang US67066G1040 NVDA News General US sanctions Tech

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Article Type: News Report

Published On: 2024-09-19 @ 14:17:03 (1 weeks ago)

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News Source URL: benzinga.com

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Article Length: 500 words

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