Nvidia Eyes Bigger AI Chip Output After China Orders Flood In [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
Nvidia Corp. (NASDAQ: NVDA ) is evaluating an expansion of production capacity for its H200 artificial intelligence chips after orders topped output as per its Chinese clients. U.S. President Donald Trump announced on Tuesday that Washington will allow Nvidia to export H200 processors to China, as long as the company pays a 25% fee on each sale. Chinese demand is so strong that Nvidia is leaning toward adding new capacity, Reuters reported Friday, citing familiar sources. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it Alibaba Group Holding Limited (NYSE: BABA ) and ByteDance have already contacted Nvidia this week to place large orders, Reuters previously reported. However, Beijing has not yet approved any H200 imports. The H200 manufactured by Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM ) on its 4nm process remains the fastest chip from Nvidia's Hopper generation. Chines
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