Nvidia, under the leadership of CEO Jensen Huang, has unveiled its latest move to fortify its foothold in the Chinese market. The company is now providing samples of two new artificial intelligence chips specifically tailored for the Chinese market. This strategic initiative comes amidst escalating tensions fueled by U.S. export restrictions, posing a challenge to Nvidia's dominance in the region. In a recent interview with Reuters following the release of Nvidia's quarterly results, Huang disclosed the company's proactive approach, stating, "We're sampling it with customers now. Both of them comply with the regulation without a license. We're looking forward to customer feedback on it."

Despite not revealing specific chip names or customer details, industry watchers anticipate the introduction of chips code-named H20, L20, and L2, designed to integrate Nvidia's cutting-edge AI capabilities while adhering to new U.S. regulatory frameworks. The intensified export controls imposed by the U.S. have had a discernible impact on Nvidia's business dynamics in China. With sales plummeting significantly in the wake of tightened restrictions, Nvidia's quarterly sales in the Chinese market dipped to $1.9 billion, a stark contrast to the previous quarter's $4 billion. Huang remains optimistic about the future, expressing hope to reinvigorate Nvidia's market presence in China, albeit acknowledging the prevailing uncertainties.