Nvidia and AMD Face New Challenges in China Amid US Export Controls

TL;DR
NVIDIA and AMD are planning to sell new AI-focused GPUs in China starting July to comply with US export restrictions, with NVIDIA introducing a budget AI chip and AMD launching the Radeon AI PRO R9700, amid significant revenue impacts for NVIDIA due to licensing restrictions.
- NVIDIA, AMD may soon start selling new AI chips in China to comply with US restrictions TechCrunch
- Nvidia CEO Jensen Huang hammers chip controls that 'effectively closed' China market CNBC
- Nvidia CEO Jensen Huang touts US manufacturing plans, warns China export controls threaten US chip lead Yahoo Finance
- Nvidia CEO Warns That Chinese AI Rivals Are Now ‘Formidable’ Bloomberg.com
- The 3 biggest takeaways from Nvidia's Q1 earnings call: China, China, China Business Insider
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