US Nvidia H20 restrictions could be shot in the arm for domestic AI chips like Huawei’s

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US Nvidia H20 restrictions could be shot in the arm for domestic AI chips like Huawei’s - SCMP

Quick Summary:

Nvidia’s China business is likely to fall to nearly zero’, as tech giants such as ByteDance and Tencent turn to domestic suppliers, analysts say.

Each company ordered about 230,000 of Nvidia’s Hopper-series chips last year, ranking them by order volume only behind Microsoft, which bought 485,000 chips, the Financial Times reported in December, citing data from research firm Omdia.

TikTok owner ByteDance and social media giant Tencent have both relied on the H20 in their AI efforts.