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2024-07-12 18:12:39

Investors remain cautious on Chinese stocks despite US trade tensions on Nostr: The Blackmarket for Nvidia H100, A100 AI GPUs Thrives in China Despite Export ...

The Blackmarket for Nvidia H100, A100 AI GPUs Thrives in China Despite Export Sanctions
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#6e511397 ver:0.22

Despite export sanctions, the black market for Nvidia H100 and A100 AI GPUs thrives in China. Huawei faces challenges in producing its Ascend 910B AI chip, impacting its ability to meet demand. However, Huawei's CEO believes innovative approaches focusing on the cloud and convergence can overcome the shortage. While US Secretary of Commerce criticizes Huawei's chips, Nvidia expects $12 billion in revenue from AI chip sales in China this year. Chinese buyers resort to smuggling techniques to acquire Nvidia chips, highlighting the challenges of enforcing export restrictions. #AI #China #Huawei #Nvidia #exportsanctions...

#newstr #Huawei #Nvidia #AiChips #Production #Revenue #China #Blackmarket #ExportSanctions

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