Overview

• Nvidia's H20 AI chips, designed for China, are selling at over a 10% discount compared to Huawei's 910B due to weak demand and oversupply.
• US sanctions prevent Nvidia from exporting its most advanced chips to China, impacting its market share and revenue.
• Huawei's Ascend 910B outperforms Nvidia's H20 in key metrics, leading Chinese companies to favor domestic alternatives.
• Nvidia's data center revenue in China has dropped significantly, contributing only 17% to its total revenue for fiscal 2024.
• Analysts predict continued challenges for Nvidia in China as it navigates US export restrictions and heightened local competition.