What happened

A new industry report predicts Nvidia and AMD will lose most of their market share in China by 2026. Domestic Chinese chipmakers are projected to capture 90 percent of that local market. US export restrictions continue to limit the sales of advanced American AI accelerators in China.

The context

US sanctions forced American firms to sell modified, lower-performance AI chips in China. That gap created room for local chip suppliers to win contracts from domestic tech companies.

Sources

  1. Wccftech ↗ via Google News Reported

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