via Reuters
Last year, U.S. officials put seven Chinese supercomputing entities on an economic blacklist, and last week they banned Nvidia and AMD's chips from export to China "to keep advanced technologies out of the wrong hands.”
Also active in developing Nvidia alternatives are Chinese firms like Cambricon (688256.SS), Alibaba Group's PingTouGe, Iluvatar CoreX, Denglin Technology, Moore Threads, Vastai Technologies and MetaX.
via SCMP
Nvidia has said that it can continue to ship AI chips from its Hong Kong facility through September 2023. China’s demand for its chips is one reason Nvidia’s market capitalisation is now about three times that of Intel. China as a whole accounts for about a quarter of total sales at Nvidia, in gross terms, and the maximum third-quarter sales losses from the latest US government ban is estimated at about US$400 million, the company said.