MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

‘Nvidia chip restriction won’t hurt them’, says Nio

‘Nvidia chip restriction won’t hurt them’, says Nio

Chinese electric car maker Nio said that U.S. restrictions on Nvidia chip sales to China wouldn’t affect the automaker’s business.

Last week Nvidia disclosed that the U.S. would require the chipmaker to get a licensed export to China for specific products in the future. It is an effort to reduce the risk of them being used by the Chinese military. Citing the issue, the chairman, founder, and CEO of Nio, William Li, said that they believe the restriction won’t impact their business.

The Nvidia Drive Orin chip has become a core part of assisted driving tech for Nio and other electric car companies in China. Nvidia’s one of the online blog posts described how Nio’s new ES7 SUV came with four such chips, including one that enabled the car to learn from individual driver preferences.

The new U.S. restrictions targeted A100 and H100 products of Nividia, whose sales are part of the company’s far larger data center business. These products are graphics processors used for artificial intelligence. On Wednesday, CEO Li said that many companies in China have AI training chips, and their company is evaluating opportunities to work with different companies.

YOU MAY ALSO LIKE

Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

RECOMMENDED