Nvidia reportedly delays China AI chip designed to comply with U.S. export rules
Publishing timestamp: 2023-11-24 09:40:19
Summary
Nvidia is delaying the launch of a new artificial intelligence chip for China that complies with U.S. export restrictions. The delay is due to issues with integrating the chip into server products. This could be a setback for Nvidia, as it generates a significant portion of its revenue from China and faces competition from local players.
Sentiment: NEGATIVE
Tickers: NVDA,
Keywords: business news, enterprise, nvidia corp, technology, generative ai, artificial intelligence, markets, china, united states, internet,
Source: https://www.cnbc.com/2023/11/24/nvidia-shares-fall-as-it-reportedly-delays-new-china-ai-chip.html