Nvidia reported strong Q1 revenue growth, but US export restrictions on AI chips for China are expected to significantly impact future earnings. What does this mean for the crypto market, which increasingly relies on AI?
Tag: NVidia
Nvidia Develops New AI Chip for China Amid Export Restrictions
Nvidia is reportedly launching a new, lower-cost AI chip for the Chinese market to comply with U.S. export restrictions and regain market share. The chip, slated for mass production in June, will be priced between $6,500 and $8,000.