Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said, sending shares of rival Nvidia lower on Monday. - REUTERS
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00:00Shares of NVIDIA dropped nearly 6 percent Monday morning after sources told Reuters
00:06that rival Huawei will begin mass shipments of its advanced AI chips to Chinese customers.
00:13Two people familiar with the matter told Reuters the shipments could begin as early as next
00:17month and said some shipments have already been made.
00:21Chinese companies have been scrambling to find a domestic replacement for NVIDIA's
00:26H20 chip, which the Silicon Valley giant had until recently been able to sell freely to
00:32the Chinese market.
00:34The Trump administration, seeking to limit China's technological development, told NVIDIA
00:39this month that sales of its H20 chip would require an export license.
00:45As a result, one tech policy consultant told Reuters that Huawei's 910C chip will now become
00:52the hardware of choice for Chinese AI developers.
00:56Huawei declined to comment on what it called speculation about shipment plans for the 910C
01:02and its capabilities.
01:04NVIDIA's most advanced AI chips, like its flagship B200, have been banned altogether by the Trump
01:11administration from being sold to China.
01:14This has allowed Huawei and Chinese tech startups to go after what has primarily been a market
01:20dominated by NVIDIA.