Nvidia is developing new chips for China to comply with US export curbs

By Reuters

Published 1:37 AM EST, Wed December 6, 2023

Nvidia is working closely with the US government to ensure new chips for the Chinese market are compliant with export curbs, CEO Jensen Huang said on Wednesday.

The California-based artificial intelligence chip designer has commanded more than 90% share of China’s $7 billion AI chip market, but analysts have said new U.S. curbs on chip exports are likely to create opportunities for Chinese rivals to make inroads.

Reuters last month reported Nvidia (NVDA) had told customers in China it was delaying the launch of a new China-focused AI chip until the first quarter of next year.

Huang declined to confirm the Reuters article.

“Nvidia has been working very closely with the US government to create products that comply with its regulations,” Huang told a news conference in Singapore.

“Our plan now is to continue to work with the government to come up with a new set of products that comply with the new regulations that have certain limits.”

He added Nvidia needs to seek the advice of the market and the process is ongoing, adding that Huawei was a “formidable” competitor.

Nvidia warned during its November earnings that it expects a steep drop in fourth-quarter sales in China in the wake of the new U.S. rules.

Huang noted that China’s revenue contribution to Nvidia has been traditionally around 20% but it was hard to predict how much that would change with the new U.S. export restrictions.

Separately, he said Nvidia was in talks with Singapore about potential big investments and working with the city-state to help develop its own large language model, Sealion.

Singapore’s Infocomm Media Development Authority (IMDA) announced on Monday a S$70 million ($52 million) initiative to develop Southeast Asia’s first large language model.

Huang noted Singapore had a vibrant AI ecosystem and its role as a major data center for many Asian markets.

Nvidia is developing new chips for China to comply with US export curbs

英伟达正在为中国开发符合US出口管制的新芯片

Nvidia is working closely with the US government to ensure new chips for the Chinese market are compliant with export curbs, CEO Jensen Huang said on Wednesday.

英伟达首席执行官黄仁勋在星期三称英伟达正在和US Gov.紧密合作，确保为中国市场新开发的芯片符合其出口管制要求。

The California-based artificial intelligence chip designer has commanded more than 90% share of China’s $7 billion AI chip market, but analysts have said new U.S. curbs on chip exports are likely to create opportunities for Chinese rivals to make inroads.

这一总部位于加利福尼亚的人工智能芯片设计厂商占据了中国70亿美元的AI芯片市场90%以上的份额，但分析人士表示，US对芯片出口新的管控可能会为中国竞争对手创造进军的机会。

Reuters last month reported Nvidia (NVDA) had told customers in China it was delaying the launch of a new China-focused AI chip until the first quarter of next year.

路透社上个月报道称，英伟达已告知中国的客户，一款新的专注于中国的AI芯片将推迟到明年的第一季度推出。

Huang declined to confirm the Reuters article.

黄拒绝证实路透社的这篇文章。

“Nvidia has been working very closely with the US government to create products that comply with its regulations,” Huang told a news conference in Singapore.

“英伟达一直在和US Gov.紧密合作，确保生产的产品符合其管制要求”，黄在新加坡的新闻发布会中说道。

“Our plan now is to continue to work with the government to come up with a new set of products that comply with the new regulations that have certain limits.”

“我们现在的计划是继续与Gov.合作，推出一套新的且符合含有某些限制的新规定的产品”。

He added Nvidia needs to seek the advice of the market and the process is ongoing, adding that Huawei was a “formidable” competitor.

他说英伟达需要寻求市场的建议，也正在这么做，然后他还说道：华为是一个“令人敬畏”的竞争对手。

Nvidia warned during its November earnings that it expects a steep drop in fourth-quarter sales in China in the wake of the new U.S. rules.

英伟达在11月的财报中提醒到，由于US新的规定，预计第四季度在中国的销售额将大幅下降。

Huang noted that China’s revenue contribution to Nvidia has been traditionally around 20% but it was hard to predict how much that would change with the new U.S. export restrictions.

黄称中国市场营收贡献通常占英伟达的20%左右，但随着新的US出口限制，很难预测这会带来多大的改变。

Separately, he said Nvidia was in talks with Singapore about potential big investments and working with the city-state to help develop its own large language model, Sealion.

另外，他表示英伟达正在与新加坡就可能的巨额投资进行谈判，还包括与这个城市国家进行合作，帮助其开发自己的大型语言模型Sealion。

Singapore’s Infocomm Media Development Authority (IMDA) announced on Monday a S$70 million ($52 million) initiative to develop Southeast Asia’s first large language model.

新加坡信息通信媒体发展局（IMDA）周一宣布了一项7000万新元（5200万美元）的计划，用于开发东南亚首个大型语言模型。

Huang noted Singapore had a vibrant AI ecosystem and its role as a major data center for many Asian markets.

黄指出，新加坡的AI生态系统充满活力，是许多亚洲市场的主要数据中心。