From Investor's Business Daily, June 5:
Nvidia (NVDA) reportedly is preparing to give the China market another go after the Trump administration blocked sales of its H20 processor there in early April. Nvidia stock fell on Thursday as the report was disputed.
Shenzhen, China-based ZJK Industrial (ZJK) announced that it is ramping up production to meet growing demand for "Nvidia's B40 project."
The B40 chip is a customized AI accelerator designed specifically for the Chinese market, ZJK said in a since-retracted news release. It is based on Nvidia's Blackwell architecture and targets the mid-to-high-end market segment, with mass production planned to start as early as this month, ZJK said.
In a statement, Nvidia said it is still locked out of China's AI data center market. It did not comment on the B40, a product the company has not announced.
"We are still evaluating our limited options. Until we settle on a new product design and receive approval from the U.S. government, we are effectively foreclosed from China's $50 billion data center market," an Nvidia spokesperson said....
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The stock is up $2.78 at $142.77
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