- The new chip, called H20, had been delayed because server makers had problems integrating the semiconductor into their products, Reuters reported.
- Nvidia shares fell about 2.4% in premarket trading on a shortened U.S. business day.
Nvidia shares fell on Friday after reportedly delays in developing a new artificial intelligence chip for China designed to comply with U.S. export controls.
Nvidia shares fell about 2.4% in premarket trading on a shortened U.S. business day.
come later Reutersciting two sources familiar with the matter, reported that Nvidia has told customers in China that it is delaying the release of AI chips designed to comply with U.S. export regulations until the first quarter of next year. Ta.
The new chip, called H20, had been delayed because server makers had problems integrating the semiconductor into their products, Reuters reported.
NVIDIA did not respond to CNBC’s request for comment.
In October, the US government further tightened restrictions on exports of AI chips to China. These rules restricted Nvidia’s export of his A800 and H800 chips. These semiconductors were also designed specifically for China.
Similar to H20, Nvidia is also preparing to launch two other export-compliant chips called L20 and L2, Reuters reported.
A delay to the second half of the year could be a setback for Nvidia, which derives about a fifth of its revenue from China and faces competition from local companies such as Huawei.
Nvidia reported this week that sales tripled in the September quarter, but the company warned that sales in regions affected by export restrictions would be “significantly lower” this quarter.