Chinese server maker H3C has warned of depleting inventory of Nvidia’s (NVDA) H20 chips, the most advanced AI processor legally available domestically under U.S. export controls, Reuters reports, citing a client notice seen by the publication. “H20’s international supply chain faces significant uncertainties,” the company said in the notice.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Export restrictions added to more Chinese tech firms, NY Times reports
- AMD downgraded to Hold from Buy at Jefferies
- M&A News: Nvidia (NVDA) Nears Deal to Buy Server Rental Startup Lepton AI
- Why Nvidia-Backed (NVDA) CoreWeave Triggered a Technical Default Last Year
- AI Daily: Chinese companies flood market with AI models