Nvidia's has cut the price of its most advanced AI chip it developed for the China market. Reuters carried the report on Friday, ICYMI, saying that

  • abundant supply forcing it to be priced below a rival chip from Chinese tech giant Huawei, according to sources familiar with the matter


  • Huawei plans to increase shipments of its Ascend 910B chip in 2024
  • Beijing tells local firms to buy Chinese chips, gives Huawei leg-up


If anyone gets a moment, could you let those scooping up NVDA know? Friday's price action ... sheesh:

nvda china price cut 27 May 2024 2