Nvidia plans to release three new chipsets for China – local media

A smartphone with the NVIDIA logo is placed on a computer’s motherboard in this illustration taken on March 6, 2023. REUTERS/Dado Rovik/Illustration/File Photo Obtaining licensing rights

SHANGHAI, Nov 9 (Reuters) – Nvidia (NVDA.O) plans to launch three new chipsets to China, weeks after the United States banned it from selling two advanced artificial intelligence (AI) chips and one chip, local media reported on Thursday. One of the best gaming chips from Chinese companies.

News outlet STAR Market Daily, citing people familiar with the matter, said the chips are called HGX H20, L20 PCIe and L2 PCIe and that Nvidia could announce them on November 16 at the earliest.

Nvidia declined to comment when asked about the report.

Last month, the US AI chip giant said that new export restrictions announced by Washington would prevent it from selling two of its modified advanced AI chips – the A800 and H800 – both of which were manufactured for the Chinese market last year to comply with previous export rules. .

She added that one of the company’s top gaming chipsets, the L40S, which it announced in August, would also be affected.

On October 24, Nvidia said these restrictions would take effect immediately, as US regulators accelerated the original deadline.

Nvidia accounts for more than 90% of China’s $7 billion AI chip market, and analysts said the US restrictions are likely to create opportunities for local companies such as Huawei Technologies to achieve successes.

Chinese internet giant Baidu (9888.HK) placed a large order for Huawei AI chips this year, sources said. One of them said that Baidu did this before the US restrictions were announced, as it was preparing for the future when it would not be able to buy from Nvidia.

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Reporting by Brenda Goh Editing by Christopher Cushing and Edwina Gibbs

Our standards: Thomson Reuters Trust Principles.

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