Nvidia Corp. (NASDAQ:NVDA) is reportedly in the process of creating a new AI chip, designed to comply with U.S. export controls, specifically for the Chinese market. What Happened: According to anonymous sources, Jensen Huang’s Nvidia is teaming up with Inspur, a significant distribution partner in China, to launch and distribute the new chip, provisionally named “B20.” The chip is a part of Nvidia’s “Blackwell” series, launched in March, and is set to be mass-produced later this year, Reuters reported on Monday. The B200, a chip within the series, is said to be 30 times faster than its predec…
