According to the US "Washington Post" report, on August 22, Nvidia CEO Huang Renxun visited TSMC and revealed that the company is in talks with the US government to discuss exporting a new type of artificial intelligence chip to China. Previously, sources revealed that Nvidia is developing an AI chip called B30A for the Chinese market, which will exceed the performance of the previous H20 chip. In response, Huang Renxun said: "We are providing a new product to China, which is a follow-up to H20,...
The Ministry of Commerce replied to a reporter's question on the US approval of the sale of NVIDIA H20 chips to China: We expect the US and China to meet each other halfway, correct their wrong practices through equal consultations, create a good environment for mutually beneficial cooperation between enterprises of both sides, and jointly maintain the stability of the global semiconductor production and supply chain.
Analysts sharply raised the target price of Nvidia, expecting the market value to break through the $5 trillion mark due to the resumption of H20 sales to China.