NVIDIA readies new China chip
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Last fiscal year, Nvidia made $17.1 billion in revenue from selling to China, making it the company's fourth-largest market. That represented about 13% of its total sales for the year. This share declined in the latest quarter, but the company's total sales continued to rise.
Nvidia (NASDAQ:NVDA) has experienced a meteoric rise over the past few years, transforming from a graphics card giant for gamers into the undisputed leader of the AI revolution. With a market capitalization soaring to $4.
Nvidia was blindsided earlier this year when the US government enacted tougher restrictions on selling artificial intelligence chips to China. The restriction prevented Nvidia from selling its H20 chip within the Middle Kingdom,
Nvidia's CEO, Jensen Huang, is in discussions with the Trump administration regarding a potential new semiconductor for China, despite existing restri
Nvidia's H20 chip for China halted amid Beijing's push for self-sufficiency. Domestic rival DeepSeek launches upgraded model for local chips.