Nvidia CEO Jensen Huang is set to present a modified version of the Blackwell RTX Pro 6000 chip in Beijing amid new US export restrictions.
New Chip and Its Features
Nvidia is planning to present the adjusted version of the Blackwell RTX Pro 6000 chip in Beijing this September. This chip was developed in light of new export restrictions imposed by Donald Trump's administration. The new version omits high-bandwidth memory (HBM) and NVLink, which could violate export regulations. Nvidia is taking a cautious approach after the recent incident with the H20 chip, which fell under restrictions and resulted in a $5.5 billion loss for the company.
Huang's Visit to China and Meetings with Officials
During his visit to Beijing, Huang plans to participate in the International Supply Chain Expo and hold meetings with senior Chinese officials. He is also hoping to negotiate with Premier Li Qiang and Vice Premier He Lifeng. These meetings are pending approval from Chinese authorities.
Challenges and Opportunities in the Chinese Market
Despite Nvidia's market share in China dropping from 95% to 50% over the past four years, the company still sees significant opportunities in the region. The Chinese AI market is expected to grow to $50 billion. However, demand for the new chip is anticipated to be lower than for the H20, as major Chinese companies like Alibaba and Tencent are testing domestic alternatives, wary of reliance on a US-based chipmaker.
Huang's visit underscores Nvidia's effort to maintain its presence in the Chinese market despite increasing pressure and risks associated with new export laws.
