Nvidia said a new artificial intelligence (AI) chip for the Chinese market is not ready although it is considering such a plan, as US export controls continue to cloud the outlook for the tech giant in the world’s second largest economy.
Advertisement
“The key is to understand the limits and see if we can come up with interesting products that could continue to serve the Chinese market,” Nvidia founder and CEO Jensen Huang, 62, said during the company’s post-earnings call on Wednesday.
“We don’t have anything [to announce] at the moment, but we’re considering it,” he said.
The remarks come as the world’s most valuable chip company is grappling with the impact of surprise US-imposed export controls on its H20 chips, which were tailor-made for Chinese customers, who relied on them for developing and training their AI models.
After Nvidia revealed the H20 ban in mid April, Huang has repeatedly signalled the importance the company places on the Chinese market.
Advertisement
The Nvidia chief made a surprise visit to China right after the sales ban was announced, where he met senior Chinese officials and expressed his commitment to the market.
