According to the South China Morning Post, NVIDIA plans to launch a new China-specific AI chip in July in response to increasingly stringent US export controls. This upcoming model is confirmed to be a scaled-down version of the previously developed H20 chip. In April, the Trump administration imposed further restrictions on NVIDIA, requiring a license to export the H20 chip to China. As the H20 was specifically designed for the Chinese market, NVIDIA had stockpiled significant inventory and secured substantial production capacity. With the chip now restricted under US export rules, NVIDIA is facing substantial losses. [South China Morning Post]
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