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Nvidia Reportedly Developing A New Version Of Its Flagship AI Chip For Chinese Market Amid US Export Restrictions

Benzinga LogoBenzinga10h ago

Nvidia Reportedly Developing A New Version Of Its Flagship AI Chip For Chinese Market Amid US Export Restrictions - Benzinga

Quick Summary:

What Happened: According to anonymous sources, Jensen Huang’s Nvidia is teaming up with Inspur, a significant distribution partner in China, to launch and distribute the new chip, provisionally named “B20.” The chip is a part of Nvidia’s “Blackwell” series, launched in March, and is set to be mass-produced later this year, Reuters reported on Monday.

Nvidia Corp.(NASDAQ:NVDA) is reportedly in the process of creating a new AI chip, designed to comply with U.S.export controls, specifically for the Chinese market.

This development follows Washington’s decision to tighten its controls on semiconductor exports to China in 2023.


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Category: Technology

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 07:46:33 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 405 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Benzinga

News ID: 21722932

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