Nvidia, $NVDA, Developing AI Chips for China Market to Comply with U.S. Export Controls

Jul 22, 2024, 04:05 AM

Nvidia, $NVDA, is developing a version of its new flagship AI chips tailored for the Chinese market, which will comply with current U.S. export controls. This move aims to navigate the stringent export regulations imposed by the U.S. government. Sources close to the matter, including three sources from Singapore, have confirmed Nvidia's efforts to ensure these AI chips meet the necessary compliance standards for export to China.