Nvidia Unveils Cost-Effective AI Chip Targeting Chinese Market Amidst Export Restrictions

To address the US export limitations that restrict advanced chip sales, Nvidia has unveiled a new, lower-cost AI chip specifically tailored for China’s market. The chip is estimated to fall between $6,500 and $8,000, representing a significant affordability advantage compared to its previous models. This move represents an effort by Nvidia to regain market share within the data center sector in China – one of the most lucrative markets worth over $50 billion.