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Uncle Sam Threatens Nvidia’s 90% Monopoly in the Chinese AI Chip Market
This story was originally published on HackerNoon at: https://hackernoon.com/uncle-sam-threatens-nvidias-90percent-monopoly-in-the-chinese-ai-chip-market.
Nvidia's AI hardware monopoly in China faces disruption, as U.S. export restrictions open doors for Chinese competitors.
Check more stories related to tech-companies at: https://hackernoon.com/c/tech-companies.
You can also check exclusive content about #tech-company-news-brief, #nvidia-a100, #ai-hardware-market, #nvidia-market-share, #nvidia-ai-chip-market-share, #trending-tech-companies, #tech-company-brief, #hackernoon-top-story, and more.
This story was written by: @ashumerie. Learn more about this writer by checking @ashumerie's about page,
and for more stories, please visit hackernoon.com.
The AI boom in 2023 has propelled Nvidia to new heights with a $200 billion valuation, mainly due to its focus on AI over PC gaming. Nvidia holds an 80% global AI chip market monopoly, surging to 90% in China's $7 billion market. U.S. export restrictions on AI chips to China, initiated by Biden, are reshaping the landscape. While Nvidia initially downplayed the impact, Chinese firms like Huawei, Tencent, and Hygon are vying for the void, potentially challenging Nvidia's dominance.
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By HackerNoonThis story was originally published on HackerNoon at: https://hackernoon.com/uncle-sam-threatens-nvidias-90percent-monopoly-in-the-chinese-ai-chip-market.
Nvidia's AI hardware monopoly in China faces disruption, as U.S. export restrictions open doors for Chinese competitors.
Check more stories related to tech-companies at: https://hackernoon.com/c/tech-companies.
You can also check exclusive content about #tech-company-news-brief, #nvidia-a100, #ai-hardware-market, #nvidia-market-share, #nvidia-ai-chip-market-share, #trending-tech-companies, #tech-company-brief, #hackernoon-top-story, and more.
This story was written by: @ashumerie. Learn more about this writer by checking @ashumerie's about page,
and for more stories, please visit hackernoon.com.
The AI boom in 2023 has propelled Nvidia to new heights with a $200 billion valuation, mainly due to its focus on AI over PC gaming. Nvidia holds an 80% global AI chip market monopoly, surging to 90% in China's $7 billion market. U.S. export restrictions on AI chips to China, initiated by Biden, are reshaping the landscape. While Nvidia initially downplayed the impact, Chinese firms like Huawei, Tencent, and Hygon are vying for the void, potentially challenging Nvidia's dominance.