Intel (INTC) is planning to release a new AI chip for China, Bloomberg’s Debby Wu reports, citing a report in local media outlet 21st Century Business Herald. The Financial Times reported earlier that Nvidia (NVDA) has developed three new chips tailored for China that aim to meet demand for AI technology while complying with U.S. export controls.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on INTC:
- Intel in lead to possibly get billions under U.S. Chips Act, WSJ reports
- VMware enters private AI collaboration with Intel
- Leading Tech Sector Event Still Rocked by Scandal
- Intel (NASDAQ:INTC) Races Ahead in Securing CHIPS Act Funding
- Apple does not intend to make 27-inch iMac with Apple Silicon, Verge reports