Nvidia's Long Term Outlook In China Will Depend On Its Ability To Compete With Local Alternatives

Source: International Business Times

Issues affecting the sale of NVIDIA chips include Chinese officials pushing domestic companies to use Chinese AI chips made by companies like Huawei and Cambricon. NVIDIA, the world's most valuable company by market cap, recently delivered an unprecedented quarterly revenue of $81. 6 billion, an 85% year-over-year surge, surpassing Wall Street expectations.