Nvidia will begin mass production of a new AI GPU for China as early as June, offering a lower-cost alternative to its now-restricted H20 chip, according to Reuters. The new processor is part of the Blackwell architecture but features weaker specs and conventional GDDR7 memory instead of more advanced high bandwidth memory. The move follows the H20 ban in April, which forced Nvidia to write off $5.5 billion in inventory and abandon $15 billion in projected sales. Nvidia CEO Jensen Huang said the company can no longer modify its older Hopper architecture to meet evolving restrictions. China accounted for 13% of Nvidia’s revenue last year, but its data center market share has dropped to 50%, with Huawei gaining ground.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Vidya will begin mass production of a new AI GPU for China as early as June,
00:06offering a lower-cost alternative to its now-restricted H2O chip, according to Reuters.
00:11The new processor is part of the Blackwall architecture,
00:14features weaker specs and conventional GDDR7 memory
00:17instead of more advanced high-bandwidth memory.
00:20The move follows the H2O ban in April, which forced Vidya
00:22to write off $5.5 billion in inventory
00:25and abandon $15 million in projected sales.
00:27Vidya's CEO Jensen Huang said the company can no longer modify
00:30its older Hopper architecture to meet evolving restrictions.
00:34China accounted for 13% of Vidya's revenue last year,
00:37but its data center market share has dropped to 50%,
00:40with Huawei gaining ground.
00:41For all things money, visit Benzinga.com slash GSTV.