Nvidia's new China-focused AI chip set to be sold at similar price to Huawei product   | Reuters News Agency
Business & FinanceTechnology

Nvidia’s new China-focused AI chip set to be sold at similar price to Huawei product  

01 February 2024, 1:43 pm 1 minute
By Reuters News Agency

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
weekly_02.07.24_1NVIDIA-CHINA
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