Photo by Caspar Camille Rubin on Unsplash
Delayed Launch of Nvidia’s H20 AI Chip Could Shift Market Dynamics in China
November 24, 2023
In a twist of events, Nvidia, a leading manufacturer of artificial intelligence (AI) chips, has informed its Chinese client base about the delay in the release of its latest AI chip, the H20, until early next year. The information comes from insiders who requested anonymity due to the confidential nature of the information.
The H20 chip, the most robust among three China-centric chips Nvidia developed to comply with the U.S. export laws, has had its launch postponed until the first quarter of the subsequent year. Initially, Nvidia was anticipated to introduce the H20 chip and other new products as early as November 16, according to the chip industry newsletter, SemiAnalysis. Some insiders suggest the launch could possibly occur around February or March.
The delay, it appears, is triggered by certain integration-related issues that server manufacturers are encountering with the H20 chip. However, one of the other two chips under Nvidia’s new export-compliant series, the L20, is expected to launch as per its original timeline. Details about the third chip, the L2, remain unconfirmed by the sources.
These new export-compliant chips, namely the H20, L20, and L2, were part of Nvidia’s strategy to maintain its market share in China. The three new chips encapsulate most of Nvidia’s latest features for AI work but have reduced computing power to align with the U.S. export rules, as per SemiAnalysis’ analysis of these chips’ specifications. The action came in response to the company’s prohibition from shipping products like its advanced A800 and H800 AI chips due to tightening U.S. export rules.
The ripple effects of the U.S. export constraints reveal a silver lining for Nvidia’s competitors like Huawei, who have received a sizable order of their chips from the Chinese tech company Baidu.
As a result, “Nvidia shares closed down 1.9% on what was a shortened trading day in the U.S.”
Recent News
Premium and Healthier Food Options Gain Traction
As consumers become more mindful of their spending, the global sales of cooking ingredients and meals saw a notable increase of 4.4% in 2023, driven by inflation and higher commodity prices, according to Euromonitor International. This trend underscores a shift in consumer behavior towards more economical choices while still showing a preference for premium, healthier, and environmentally sustainable options.
Dairy Manufacturers Inc. Issues Voluntary Recall of Baby Formula
In a significant move, Dairy Manufacturers Inc., a Texas-based company, has initiated a voluntary recall of several baby formula products after they were found to be noncompliant with U.S. Food and Drug Administration (FDA) regulations. The recall encompasses all lot codes of three specific products: Crecelac Infant 0-12, Farmalac 0-12, and Farmalac 0-12 Low Lactose. This announcement was officially published on the FDA’s website on Saturday.
Fitness Equipment to Become $18.4 Billion Market
The global fitness equipment market is projected to reach $18.4 billion by 2033, growing at a CAGR of 3.02% from 2024 to 2033, according to Allied Market Research. Key drivers include the integration of Internet of Things (IoT) technology in fitness devices and the rise of corporate wellness programs. IoT-enabled equipment captures workout metrics in real time, enhancing user engagement and offering personalized insights. Corporate wellness initiatives promote physical activity in the workplace, increasing demand for fitness equipment in corporate gyms.
Walmart Ends Partnership with Capitol One
Walmart has officially ended its consumer credit card agreement with Capital One, marking a significant shift in the retail giant’s financial partnerships. This decision follows a series of disputes over customer service issues that culminated in a legal battle and a federal judge’s ruling.