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Nvidia (NVDA) to launch new AI chip "specifically for China"- FT
According to a Financial Times report, Nvidia (NVDA) is planning to launch a new AI chip “specifically for China.” The company’s Chief Executive, Jensen Huang, is reportedly planning a visit to the country to reassert Nvidia’s commitment to China. According to the Financial Times, the chip is a version of Nvidia’s existing Blackwell RTX Pro 6000 processor modified to meet US President Donald Trump’s tightened export control rules.
JUST IN: Nvidia $NVDA to launch new AI chip "specifically for China," FT reports. pic.twitter.com/U1NOgNYfUy
Sources tell the Financial Times that Huang will meet with select Chinese leaders around the same time he attends the International Supply Chain Expo in Beijing. Nvidia’s chief is seeking talks with China’s Premier Li Qiang and Vice Premier He Lifeng. The FT also reports that Nvidia’s China product would be stripped of the most advanced technologies, such as high-bandwidth memory (HBM) and NVLink, which improve interconnections for faster data transfers.
Also Read: Nvidia (NVDA) is the First Ever $4 Trillion Market Cap Company
Also Read: Nvidia (NVDA) is the First Ever $4 Trillion Market Cap CompanySales of the new Nvidia Chip will not commence before September, sources say. Nvidia sought assurances from the Trump administration that it would not be found in breach of new export restrictions and banned shortly after its introduction, a source told the Financial Times. Nvidia has been one of several big tech companies caught up in the US-China Tariff war. The chip’s specifications could still change depending on the outcome of discussions with Washington. However, Nvidia’s clients in China have reportedly been testing samples of the chip and expressed interest in significant orders.
The news is big for Nvidia in the Chinese market, while is continues to dominate in the US. Today, the chipmaker became the first company ever to achieve a $4 trillion market capitalization. NVDA stock is up 6.5% in the last five days, picking up steam en route to the historic milestone. The company now sits over $200 billion ahead of second-place Microsoft (MSFT) and over $800 billion ahead of Apple (AAPL).