Nvidia working closely with US to ensure new chips for China are compliant with curbs
- The California-based artificial intelligence semiconductor designer has commanded more than 90 per cent share of China’s US$7 billion AI chip market
- Nvidia warned during its November earnings that it expects a steep drop in fourth-quarter sales in China in the wake of the new US rules
Nvidia is working closely with the US government to ensure new chips for the Chinese market are compliant with export curbs, CEO Jensen Huang said on Wednesday.
The California-based artificial intelligence semiconductor designer has commanded more than 90 per cent share of China’s US$7 billion AI chip market, but analysts have said new US curbs on chip exports are likely to create opportunities for Chinese rivals to make inroads.
Reuters last month reported Nvidia had told customers in China it was delaying the launch of a new China-focused AI chip until the first quarter of next year.
Huang declined to confirm the Reuters article.
“Nvidia has been working very closely with the US government to create products that comply with its regulations,” Huang told a news conference in Singapore.
“Our plan now is to continue to work with the government to come up with a new set of products that comply with the new regulations that have certain limits.”
