Nvidia's Cost-Cutting Strategy Sparks AI Chip Buzz!

Tech giant Nvidia is reportedly preparing to create cheaper AI chips for the Chinese market after export restrictions on pricier models. Previously dominating in China with 95% of sales, Nvidia's share has plummeted to 50% due to US constraints. The company is now devising a streamlined product with reduced specifications designed to comply with US regulations. Faced with fierce competition from Huawei, Nvidia plans to roll out the chips soon to secure China's critical market and bolster its earnings. Let's watch if they manage to strike the right balance!