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Nvidia delays rollout of new custom-made AI chip for China, shares dip

November 24, 2023
Source: investing.com investing.com
News Snapshot:
Published Nov 24, 2023 05:21AM ET © Reuters. Nvidia delays rollout of new custom-made AI chip for China, shares dip NVDA -2.46% Add to/Remove from Watchlist Nvidia (NASDAQ: ) has informed Chinese customers of a delay in launching its new artificial intelligence chip, the H20, designed to comply with U.S. export rules. Shares in the chipmaker declined 2.2% in pre-market Friday trade. Originally expected in November, the launch has been pushed to the first quarter of next year due to integration issues with server manufacturers, according to Reuters. The H20 is the most powerful among three China-focused chips developed by...
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