Nvidia planning to release 3 new chips for China
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Nvidia (NVDA) shares climbed after reports that the chipmaker plans to release three new AI chips specifically for China. This follows Nvidia announcing last month that new export restrictions may prevent it from selling its top AI chips in China. Nvidia currently dominates China’s AI chip market with over a 90% share. These alternative AI processors aim to comply with regulations. Yahoo Finance’s Tech Editor Dan Howley discusses the new China-exclusive chips Nvidia is reportedly creating to bypass trade limits on its AI semiconductors, providing insights on other tech firms affected by heightened export controls to China. For more expert insight and the latest market action, click here to watch […]