There is a sudden groundswell of reports about China using nvidia chips, always by unnamed sources, and I suspect if you could trace it back you'll find nvidia pulling the levers.
nvidia is facing a lot of competitive threats and their moat is being filled in. Google with their Ironwood TPU. Amazon with Trainium3. Even Apple is adding tensor cores to their chips, and if Apple went big scale it would be legitimate in the space as well.
We know that China has a number of upstart TPU vendors, and Huawei has built some "better than H200" solutions with a roadmap to much higher heights.
So there is suddenly a bunch of secret-source reports that no, China actually is totally reliant on nvidia. nvidia needs this to be true, or at least people to believe it to be true.
I mean, after all the fanfare about the H200 being allowed to be exported, nvidia shares...dropped. The market doesn't seem to be buying the China reliance bluster.
nvidia is facing a lot of competitive threats and their moat is being filled in. Google with their Ironwood TPU. Amazon with Trainium3. Even Apple is adding tensor cores to their chips, and if Apple went big scale it would be legitimate in the space as well.
We know that China has a number of upstart TPU vendors, and Huawei has built some "better than H200" solutions with a roadmap to much higher heights.
So there is suddenly a bunch of secret-source reports that no, China actually is totally reliant on nvidia. nvidia needs this to be true, or at least people to believe it to be true.
I mean, after all the fanfare about the H200 being allowed to be exported, nvidia shares...dropped. The market doesn't seem to be buying the China reliance bluster.