Exclusive: Nvidia working on new AI chip for China that outperforms the H20, sources say
1. Nvidia is creating a new AI chip for China using Blackwell architecture. 2. The new chip will surpass the currently permitted H20 model in performance.
FAQ
Why Bullish?
The development of a more powerful chip caters to increased AI demand, similar to past innovations boosting Nvidia stock.
How important is it?
Developing superior AI technology in China could significantly enhance Nvidia's market position and revenue streams.
Why Long Term?
Long-term growth is expected due to expanding AI markets, as seen with previous product launches enhancing consistent revenue growth.