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Nvidia (NVDA) Takes Hit as Alibaba, Baidu Shift to Home-Grown AI Chips

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Alibaba and Baidu are deploying in-house AI chips to train models, partly replacing Nvidia in China.
  • The shift, spurred by U.S.
  • export limits and Beijing pressure, could dent Nvidia's China business though Nvidia remains in use for cutting-edge models.
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NVDA price history

218.29 +19.87% over the displayed period

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