NVIDIA CEO Praises China’s Open Source AI
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NVIDIA Plans To Expand China AI Chip Sales
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Anita Ramaswamy, columnist at The Information, joins Marketplace’s Meghan McCarty Carino for “Tech Bytes: Week in Review.”
The Silicon Valley chip giant said the Trump administration, which had shut down its sales to China three months ago, had assured it that licenses for the sales would now be granted.
Nvidia will ramp up supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the world's second-largest technology market, Chief Executive Jensen Huang said at an event in Beijing.
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David Sacks said this would "deprive Huawei of basically having this giant market share in China."
One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip maker seemingly cleared to sell its H20 chip in China again.
Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.
Nvidia has been an artificial intelligence leader and major winner over the past few years. On July 16, CEO Jensen Huang may address one of the company's biggest challenges. But Nvidia has encountered one major hurdle along this path,
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Nvidia CEO Jensen Huang Reportedly Expresses Ambitions For More Advanced AI Chip Sales In ChinaJensen Huang, CEO of Nvidia Corp. (NVDA), reportedly expressed ambitions to introduce more powerful semiconductor products in China beyond its current H20 model, signaling a potential expansion in the region despite ongoing U.
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