The move follows the U.S. government's efforts to limit China's access to advanced chips to hinder its progress in artificial intelligence. Nvidia, now the world's most valuable chipmaker, had previously responded to export restrictions by introducing a scaled-down version of its then most powerful AI accelerator, the A100 GPU. The company's stock value has more than tripled this year, reaching a market capitalization of over $1 trillion.
Key takeaways:
- Nvidia has launched a scaled-down version of its latest gaming GPU, the GTX 4090 D chip, in China to comply with the U.S. government's export controls.
- The Chinese version of the chip has approximately 10% fewer processing cores and fewer processing sub-units, limiting its ability to accelerate AI workloads.
- This move follows the U.S. government's efforts to limit China's access to the most powerful chips to hamper its advancement in artificial intelligence.
- Despite initial investor concerns over the new export rules, Nvidia's stock value has more than tripled in the year to date, and it became the world's first semiconductor company to hit a market capitalization of over $1 trillion.