Nvidia (NVDA) has stopped production of its second-most advanced artificial intelligence chips, known as H200 chips, intended for the Chinese market, The Financial Times’ Zijing Wu reports. The U.S. chipmaker has reallocated manufacturing capacity at chip contract maker TSMC (TSM) away from making H200 chips to its next-generation Vera Rubin hardware, the report says, citing two people with knowledge of the matter.
Claim 30% Off TipRanks
New trading tool for NVDA bearsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Why Is Iren Stock Giving Back Its Nvidia-Driven Gains?
- Nvidia Pauses H200 Chip Production for China, Redirects TSMC to Vera Rubin
- The Structural Margin Bear Case for Dell Is Beginning to Crack
- AMD Stock Slides as New Nvidia GPU Orders Grab Attention
- Nvidia Stock Is Rising Again after a 2% Gain on Wednesday — What’s Driving the Rally?
