Posted 2/22/2024, 9:30:08 AM
Nvidia Ships New AI Chips to China to Comply with US Export Rules, Sees China Revenue Decline
- Nvidia shipping alternative, permissible AI chips to Chinese customers due to US export restrictions
- Nvidia reported strong Q4 results globally, but revenue from China data centers declined significantly
- Nvidia started shipping alternative GPUs not requiring export license for China market
- Expects China to be mid-single-digit percentage of data center revenue next quarter
- Has started sampling new compliant GPUs with Chinese customers after reconfiguring products to comply with export controls