Nvidia has asked several component suppliers, including Samsung Electronics and Amkor Technology, to suspend all production work linked to its H20 artificial-intelligence chip, according to a report by The Information. The move follows a directive from Beijing instructing Chinese technology companies to stop purchasing the processor, which Nvidia designed specifically for the mainland market. Nvidia has not publicly commented on the duration of the halt or its expected financial impact.
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🇨🇳🇺🇸Nvidia Asks Suppliers to Halt Work on H20 Chip, Information Says Nvidia Corp. has ordered component suppliers, including Samsung Electronics Co. and Amkor Technology Inc., to halt production tied to its H20 AI chip after Beijing urged local firms to avoid the product, the https://t.co/kpVwABesf2
Nvidia has reportedly halted H20 chip production after China issues directive towards domestic chips. $NVDA is down -1.5% in 24-hour trading. ⚠️ https://t.co/UprffHTLUR