Nvidia to release three new AI chips for China after US restrictions report

News Snapshot:

Nvidia is planning to release three new chips for China, according to local media reports, weeks after the US blocked it from selling two high-end artificial intelligence (AI) chips and one of its top gaming chips to Chinese firms. Nvidia could announce the chips – the HGX H20, L20 PCIe and L2 PCIe – as soon as 16 November, the Star Market Daily news outlet reported, citing people familiar with the matter Nvidia declined to comment when asked about the report. Last month, the US AI chip giant said new export restrictions announced by Washington would block it from selling...