Nvidia plans to release three new AI chips aimed at Chinese market, analysts say

News Snapshot:

Nvidia NVDA-Q plans to release new artificial intelligence chips aimed at the Chinese market less than a month after U.S. officials tightened the rules on selling high-end AI chips to China. The chip industry newsletter SemiAnalysis said that the Nvidia chips are called the HGX H20, L20 PCIe and L2 PCIe and that Nvidia could announce them on Nov. 16 at the earliest. Nvidia’s shares were up 3.3 per cent in midday trading after the report. The chips include most of Nvidia’s newest features for AI work, but have had some of their computing power measures cut back to comply...