• Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • Cardano
    • Solana
  • Web 3
    • Metaverse
    • NFT
  • Blockchain
  • Analysis
  • Learn
  • AI & VR
  • Gaming
  • Marketcap
  • Shop
What's Hot

Is Staking Crypto Safe? What You Should Know Before Staking

September 15, 2026

What Is the CLARITY Act and What Does It Mean for Crypto?

September 14, 2026

What Is Cross Margin in Crypto? How It Works, Risks, and Examples

September 14, 2026
Facebook Twitter Instagram
  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions
Facebook Twitter Instagram
VIP Crypto Signals
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • Cardano
    • Solana
  • Web 3
    • Metaverse
    • NFT
  • Blockchain
  • Analysis
  • Learn
  • AI & VR
  • Gaming
  • Marketcap
  • Shop
VIP Crypto Signals
Home » Blog » Chinese AI chip market finds expansion paths despite US export restrictions
AI & VR

Chinese AI chip market finds expansion paths despite US export restrictions

November 10, 2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Chinese artificial intelligence (AI) chip market has been subject to ongoing export restrictions imposed by the United States in October 2022, which prohibited the sale of certain U.S. products to China. 

The U.S. initially blocked the export of the highest level of chips produced by companies like Nvidia and AMD. Under the initial October controls, the companies were still able to export other models to China, such as Nvidia’s A800 and H800.

One year later, on Oct. 17, 2023, the U.S. government announced an expansion of controls to “reinforce” the previous ones, meaning all chip models would be embargoed from the Chinese market.

One of Nvidia’s top gaming chips, the L40S chip, is also affected by the latest export restrictions, which were immediately effective on Oct. 24.

However, on Nov. 9, local Chinese media outlet STAR Market Daily reported that Nvidia has plans to release three new chips for China. The report cited people familiar with the matter and said the chips are called the HGX H20, L20 PCIe and L2 PCIe.

Nvidia reportedly could announce the new chips as early as Nov. 16. Cointelegraph has reached out to Nvidia for comment but hasn’t yet received a response.

According to a quarterly report from Nvidia earlier in 2023, China is one of its largest markets, along with Taiwan and the United States.

Related: Chinese president calls for unity on AI challenges and cyber development

Additionally, Chinese companies have been turning to domestic companies to fulfill their needs for AI chips. 

On Nov. 7, Reuters reported that the Chinese technology company Baidu had ordered AI chips from Huawei in August.

See also  Altcoin Rally Coming Soon - Michaël Van De Poppe Predicts Crypto Market Outlook For Coming Days

According to the report, Baidu ordered 1,600 of Huawei’s 910B Ascend AI chips for 200 servers. Huawei’s 910B chips are supposed to be an alternative to Nvidia’s A100.

The report said that by October, Huawei delivered more than 60% of Baidu’s chip order, which is roughly 1,000 chips and has a total value of approximately 450 million yuan ($61.83 million). The remaining chips are expected by the end of the year.

Baidu is one of China’s leading AI companies. In October, it released its Ernie 4.0 AI system, which it says has an overall performance “on par with ChatGPT.”

Over the summer, the Biden administration reportedly said it is even considering adding restrictions on China’s access to cloud computing services.

On Oct. 23, U.S. Undersecretary of Commerce for Industry and Security Alan Estevez reiterated that fear to reporters at an event in Tokyo, particularly highlighting concerns over usage for military purposes.

Magazine: AI Eye: Get better results being nice to ChatGPT, AI fake child porn debate, Amazon’s AI reviews

Source link

Chinese chip expansion export finds market paths Restrictions
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NFC Summit Lisbon Founder on Evolving the Event and Weathering the Market

July 19, 2026

BTC Rainbow Chart Explained: Colors, Bands, and Market Sentiment

July 18, 2026

GMatrixs Partners With InsightX To Advance GameFi User Experiences With AI-Powered Web3 Prediction Market Ecosystem

May 27, 2026

Momentum Oscillator Indicators in Crypto: How They Help Read Market Strength

May 18, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Is Staking Crypto Safe? What You Should Know Before Staking

September 15, 2026

What Is the CLARITY Act and What Does It Mean for Crypto?

September 14, 2026

What Is Cross Margin in Crypto? How It Works, Risks, and Examples

September 14, 2026

Subscribe to Updates

Get the latest news and Update from VIP Crypto Signals about Crypto, Web3, Metaverse, NFT and more.

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest YouTube
Top Insights

Is Staking Crypto Safe? What You Should Know Before Staking

September 15, 2026

What Is the CLARITY Act and What Does It Mean for Crypto?

September 14, 2026

What Is Cross Margin in Crypto? How It Works, Risks, and Examples

September 14, 2026
Get Informed

Subscribe to Updates

Get the latest news and Update from VIP Crypto Signals about Crypto, Web3, Metaverse, NFT and more.

Facebook Twitter Instagram Pinterest
  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions
© 2026 Vip Crypto Signals - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • bitcoinBitcoin(BTC)$70,953.006.13%
  • ethereumEthereum(ETH)$3,664.5818.50%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$627.698.99%
  • solanaSolana(SOL)$181.131.69%
  • staked-etherLido Staked Ether(STETH)$3,662.5418.48%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • rippleXRP(XRP)$0.545.05%
  • dogecoinDogecoin(DOGE)$0.1634778.14%