Nvidia to Launch Cheaper AI Chip for China in June
Key Details (Easy Version):
Nvidia, a big U.S. tech company, is making a new AI chip just for China. This chip will be released in June 2025 and will cost between $6,500 and $8,000. The chip is built using Blackwell technology, but it is not as powerful as Nvidia’s other chips like the H20.
Why the Chip Is Weaker:
Nvidia had to make this chip less powerful because of U.S. government rules that limit how advanced AI chips can be when sold to China.
Why Nvidia Is Doing This:
China has a huge data center market (worth about $50 billion), and Nvidia wants to keep selling its products there. This is Nvidia’s third time changing its chip design to follow U.S. rules.
What Nvidia’s CEO Said:
Jensen Huang, the CEO of Nvidia, said that AI is the most important technology of our time, and the Blackwell chip is the key to helping that technology grow.
Market Effects:
Some experts think this move might change the AI hardware market. Data centers that want cheaper or simpler chips may like this version.
Meanwhile, in the AI token market, the FET token from the Artificial Superintelligence Alliance is priced at $0.83 with a market value of $1.98 billion. It went up by 10.77% in the past 90 days, according to CoinMarketCap.
So far, Nvidia’s chip news hasn’t affected the crypto market or blockchain networks in a big way.
Note: This is just news, not financial advice.
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