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Nvidia’s $6.5K AI Chip for China and Grammarly’s $1B Boost
Nvidia plans to introduce a lower-cost AI chip for the Chinese market, aiming to comply with U.S. export restrictions. Production is expected to commence in June 2025. The new chip, based on Nvidia’s Blackwell architecture, will be priced between $6,500 and $8,000, making it more affordable than the H20 model. This strategic move seeks to maintain Nvidia’s presence in China amidst tightening U.S. export controls.