Nvidia developing new AI chip "B20" for Chinese market amidst US export restrictions

From Investing.com: 2024-07-22 00:50:45

NVIDIA is developing a new AI chip, “B20,” for Chinese markets amidst U.S. export restrictions. The company collaborates with Chinese distributor Inspur to meet demand despite competition from local chipmakers like Huawei. Nvidia’s “Blackwell” chip series targets computational needs for large language models and is set for production in 2024. Increased interest in AI boosts Nvidia’s revenue and valuation, making it a top company on Wall Street. No comment from Nvidia on the news.



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