Nvidia Launches Slower Gaming Chip in China to Comply With US Export Rules
• Nvidia introduced a slower gaming chip, the GeForce RTX 4090D Series GPU, in China that complies with new US export restrictions • The new chip has reduced performance and fewer cores compared to the model Nvidia announced last year • Nvidia shares fell 1% on Friday but have skyrocketed overall this year due to high demand for its AI chips • The US export rules have raised some investor concerns despite Nvidia's strong stock performance • Nvidia CEO said the company would make chips meeting the White House's criteria regarding advanced AI chip exports to China