Apple will likely continue to face pressure in China going forward. Jefferies analysts predict Apple s shipments in China will decline by a double digit percentage in 2024.
Apple s weak China
sales performance may have shocked investors, but customers and
analysts have been noting the rising challenges the company
faces in its third-largest market. .
Nvidia has started taking pre-orders for a new China-specific artificial intelligence (AI) chip from distributors who are pricing it on par with a rival product from Huawei, sources familiar with the matter said. The graphics card, the H20, is the most powerful of three Nvidia has been developing for the Chinese market after the U.S. expanded bans on high-end chip exports, aiming to hamper China's ability to develop AI and sophisticated computers for its military. The H20 will naturally deliver less computing power than Nvidia's flagship H100 AI chip and the H800 - the later China-specific card that was also banned in October.
Nvidia has
started taking pre-orders for a new China-specific artificial
intelligence chip from distributors who are pricing it on
par with a rival product from Huawei, sources familiar with.
Before the U.S. curbs, Nvidia dominated China s AI chip market with more than 90% share. However, it currently faces increasing competition from domestic rivals, chief among them being Huawei.