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Nvidia pitches new Vera chip to China in latest attempt to re-enter market


Nvidia pitches new Vera chip to China in latest attempt to re-enter market

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Last October Nvidia CEO Jensen Huang said the company’s market share in China had fallen to effectively zero, but Reuters now reports Nvidia is taking orders from Chinese customers for its new Vera processor. The move suggests renewed adoption in China with potential implications for crypto and AI infrastructure, impacting hardware supply, security and CEX/DEX operations that rely on high-performance compute.

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Last October, Nvidia’s CEO Jensen Huang admitted that its market share in China had fallen to effectively zero. However, it seems Nvidia is not giving up on the Chinese market, as it is now reportedly taking orders from Chinese customers for its new Vera processor. People familiar with the discussions told Reuters that the chip...
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