Four years ago, Nvidia’s share in China Ai Rynka was 95%and only 50%. The rest of the area was occupied by local competitors, including Huawei.
After the ban, the H20 had to create cut versions of Nvidia China. According to Juang, it reduced the average sales price and reached income.
Previously, the company has already warned $ 5.5 billion losses due to canceled orders and warehouse remains.
Huang described export control as “failure ..
China continues to be a key player in the market: According to Nvidia’s president, the world AI researchers have 50% and the country ranks second in the world in the world’s information processing capacities. Huang emphasized: Access to this market is not only Nvidia, but also the US economy.
Source: Ferra
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