NVIDIA releases new AI chip for China, priced $6,500-$8,000, to circumvent U.S. export restrictions.

NVIDIA plans to launch a cheaper AI chip for China, priced between $6,500 and $8,000, to bypass US export restrictions. The new chip, based on the RTX Pro 6000D, uses GDDR7 memory and lacks advanced features, reflecting its lower price. NVIDIA's market share in China has dropped due to export controls, and this move aims to regain ground in the Chinese market.