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Nvidia has reduced the price of its most advanced AI chip, the H20, in the Chinese market amid competition with Huawei. The price cut comes as Nvidia faces challenges due to US sanctions and an abundant supply of the H20 chip, which has led to weaker demand. The H20 chip, Nvidia's most powerful product sold in China, is now priced below Huawei's Ascend 910B, highlighting the competitive pressure Nvidia is under. Nvidia's China business contributed 17% to its revenue for FY'24. Beijing's directive for local firms to buy Chinese chips has further complicated Nvidia's position in the market. Sources cited by Reuters noted the impact on Nvidia's previously strong 77% margins.
NVIDIA CUTS PRICES OF ADVANCED AI CHIPS IN CHINA. $NVDA's China business contributed 17% to its revenue for FY'24. Nvidia has reportedly reduced the price of its most advanced AI chip for the China market, the H20, due to weak demand and abundant supply, sources told Reuters.… https://t.co/m0gwsWrbPq
AI War is ON #Nvidia #Huawei https://t.co/nCvuCoBwpB
Nvidia's most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below a rival chip from Chinese tech giant Huawei: RTRS https://t.co/9YYoIkqjz4
So much for those 77% margins Nvidia cuts China prices in Huawei chip fight https://t.co/vptpEb8dYE
Nvidia cuts China prices in Huawei chip fight, sources say. #Nvidia $NVDA #Huawei
$NVDA Nvidia slashes price of its most-advanced China chip. Beijing tells local firms to buy Chinese chips, gives Huawei leg-up. https://t.co/cOF8Jdxuxx https://t.co/fCP2uJX2kH
Exclusive: Nvidia cuts China prices in Huawei chip fight https://t.co/7UcDUPavMx https://t.co/iEoKplsMWh
Exclusive: Nvidia's most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below a rival chip from Chinese tech giant Huawei https://t.co/39L0QRPnW2
🇺🇸 🇨🇳 Nvidia cuts #China prices in Huawei #chip fight, sources say - Reuters https://t.co/ia9oKoo9pp
Nvidia's most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below a rival chip from Chinese tech giant Huawei. #aichip #nvidia #China #huawei https://t.co/HZ3gk1lVWM
Nvidia cuts prices in China amid competition with Huawei chips: report https://t.co/voeC3IrtBE
Sources: Nvidia cuts price of its China-specific H20 chip, selling it below Huawei's Ascend 910B, underscoring the challenges Nvidia faces amid US sanctions (@f_potkin / Reuters) https://t.co/yuyWePpoit 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/BvWnztASR4
According to sources cited by Reuters, NVIDIA cut the price of its H20 AI chip for the Chinese market, which is the most powerful NVIDIA product sold in China.
Exclusive: Nvidia cuts China prices in Huawei chip fight, sources say https://t.co/GVhMcqLcTW https://t.co/pTuIVD4KAq
$NVDA | Nvidia Cuts China Prices In Huawei Chip Fight, Sources Say - Yahoo https://t.co/beUI47mf8P