Business & FinanceTechnology
01 February 2024, 1:43 pm 1 minute
Reuters exclusively reported that Nvidia (NVDA.O), has started taking pre-orders for a new China-specific artificial intelligence (AI) chip from distributors who are pricing it on par with a rival product from Huawei.
Market Impact
Before the U.S. curbs, Nvidia dominated China’s AI chip market with more than 90% share. However, it currently faces increasing competition from domestic rivals, chief among them being Huawei.
Article Tags
Topics of Interest: Business & FinanceTechnology
Type: Reuters Best
Sectors: Business & FinanceTechnology
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
Credit
1: https://www.reutersagency.com/en/reutersbest/article/nvidias-new-china-focused-ai-chip-set-to-be-sold-at-similar-price-to-huawei-product/
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