However, Nvidia's previous attempts to modify its chips for the Chinese market have resulted in the new versions being added to the US's list of banned technology. CEO Jensen Huang has suggested shifting the supply chain to Southeast Asia as a potential solution to the ongoing tensions between the US and China. Despite these challenges, Nvidia's revenue soared 206% to $18.1 billion in the third quarter, exceeding expectations.
Key takeaways:
- Nvidia has developed a new gaming processor, the RTX 4090 D, that complies with US export rules and can be sold in China.
- The new chip performs around 11% lower than the original 4090 chip, with fewer processing subunits to accelerate AI workloads.
- Despite US bans on high-tech exports to China, Nvidia currently holds a 90% share of the Chinese market.
- Nvidia's CEO, Jensen Huang, has suggested shifting the supply chain to the wider South Asia region as a potential solution to ongoing tensions between the US and China.