Reported 5 months ago
Nvidia has reportedly reduced prices for its most advanced AI chip developed for the China market, the H20, due to an oversupply and weak demand, leading to discounts of over 10% compared to Huawei's Ascend 910B chip. This move reflects the challenges Nvidia faces in China amid U.S. sanctions and intensifying competition, impacting the company's future in a market that contributed significantly to its revenue. Analysts suggest that Nvidia's performance in China, particularly with the H20 chip, will be crucial for its success in the region.
Source: YAHOO