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Nvidia said to be developing new, more powerful AI chip for sale in China

1. Nvidia plans new AI chip B30A for China market. 2. B30A is less powerful but superior to H20 GPUs currently allowed. 3. U.S. relaxed export restrictions on high-performance AI chips recently. 4. Nvidia emphasizes compliance with authorities in product development. 5. Geopolitical tensions influence AI technology supply and competition.

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FAQ

Why Bullish?

Nvidia's ability to tap the Chinese market through B30A indicates growth potential, similar to prior successful product launches like the Tesla model launch which significantly boosted market valuation.

How important is it?

The development and potential sale of the B30A chip could significantly affect Nvidia's market share and revenues in the quickly growing AI sector.

Why Long Term?

If the B30A gains traction, it enhances Nvidia's competitive position in China, potentially yielding revenue growth over several years.

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