Nvidia's China AI chip launch faces unexpected delay

Nvidia has reportedly delayed the launch of its new artificial intelligence chip, the H20, designed to comply with U.S. export rules, until the first quarter of next year. The delay could complicate Nvidia's efforts to maintain market share in China against local rivals like Huawei. The H20, along with two other chips, was developed by Nvidia to comply with new U.S. export restrictions. The L20 is not facing delays, while the status of the L2 remains unknown. The U.S. export curbs have provided an opportunity for competitors like Huawei to secure orders that would have otherwise gone to Nvidia.