TECH - Nvidia Could Generate $12B In China With New AI Chips That Comply With US Restrictions: Report (CORRECTED) | Benzinga
Editor’s note: The headline of this story has been updated to more accurately depict the nature of Nvidia’s sales of AI chips in China.
Nvidia Corp (NASDAQ:NVDA) is on track to sell $12 billion of artificial intelligence chips in China this year despite the U.S. export controls, the Financial Times reports.
According to analyst forecasts, the company will deliver more than 1 million new H20 chips, designed to circumvent U.S. restrictions on selling AI processors to Chinese customers.
That figure is nearly double what Huawei is expected to sell for its China-made rival product, Ascend 910B, the FT cites SemiAnalysis, chip consultancy estimates.
Each H20 chip costs between $12,000 and $13,000, suggesting Nvidia could generate ...