Nvidia to develop new chips that comply with US export regulations – The Economic Times

Nvidia will continue to develop a new set of products that comply with US government regulations involving exports of high-end chips to China, its CEO Jensen Huang said on Wednesday. The California-based artificial intelligence chip designer has commanded more than a 90% share of China’s $7 billion AI chip market, but analysts have said tightening US curbs on chip exports are likely to create opportunities for Chinese rivals to make inroads.