Nvidia says it's evaluating a 'variety of products' after report of new AI chip for China
Investment
CNBC

Nvidia says it's evaluating a 'variety of products' after report of new AI chip for China

August 19, 2025
08:10 PM
3 min read
AI Enhanced
investmentstocks

Key Takeaways

Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving it a 15% cut of the sales.

Article Overview

Quick insights and key information

Reading Time

3 min read

Estimated completion

Category

investment

Article classification

Published

August 19, 2025

08:10 PM

Source

CNBC

Original publisher

Key Topics
investmentstocks

In this articleNVDA your favorite stocksCREATE FREE ACCOUNTThe Nvidia booth at the China International Supply Chain Expo in Beijing on July 16, 2025.Florence Lo | ReutersNvidia said Tuesday that it is evaluating several ducts ing a report that the company is working on a new artificial intelligence chip for China that is more powerful than the currently available H20.The new duct, tentatively called the B30A, is expected to be based on Nvidia's Blackwell chip architecture, Reuters reported, citing people familiar with the company's plans

Nvidia hopes to der sample units to Chinese clients for testing as soon as next month, according to Reuters."We evaluate a variety of ducts for our roadmap, so that we can be prepared to compete to the extent that governments allow," the company told CNBC in a statement. "Everything we offer is with the full apval of the applicable authorities and designed solely for beneficial commercial use."s of Nvidia slipped more than 3% Tuesday along with the broader market.Commerce Secretary Howard Lutnick on Tuesday praised Nvidia CEO Jensen Huang and said he wouldn't be surprised if Huang wants to sell a new chip to China."I'm sure he's pitching the president all the time," Lutnick said in an interview with CNBC's "Squawk on the Street." "I've listened to him pitch the president, and the president listens to our great nology companies, and he'll decide how he wants to play it."Read more CNBC newsSilicon Valley's AI deals are creating zombie startups: 'You hollowed out the organization'OpenAI launches cheapest ChatGPT plan at $4.6, starting in IndiaAnalysts downplay AI bubble worries as Altman says some investors will be left 'very burnt'Intel is getting a $2 billion investment from SoftBankEarlier this month, Nvidia and rival Advanced Micro Devices agreed to give the U.S. government a 15% cut of their sales in China, in exchange for permission to resume selling chips in the region.The Trump administration halted the sale of advanced computer chips to China in April over national security concerns

Nvidia built its China-specific H20 chip after the Biden administration implemented export controls on AI chips in 2023, while AMD developed the MI308 chip for the Chinese market.President Donald Trump said last week that he originally requested a 20% cut of Nvidia's sales, but that Huang negotiated the number down to 15%.Trump suggested at the time that he would be open to Nvidia selling a significantly scaled-down version of its advanced Blackwell chip in China."It's possible I'd make a deal" on a "somewhat enhanced — in a negative way — Blackwell" cessor, Trump said. "In other words, take 30% to 50% off of it."— CNBC's Kristina Partsinevelos contributed to this report.Don’t miss these insights from CNBC Forget Palantir

Bank of America believes it found the next hot national defense playPiper Sandler raises Nvidia price target ahead of earnings, calls for more than 20% upsideNvidia will jump another 20% after report of China export license agreement, Wells Fargo saysGoldman Sachs names five stocks with more upside ing their earnings