Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Intel to launch two AI chips for China with reduced capabilities

Published 04/16/2024, 05:07 AM
Updated 04/16/2024, 05:12 AM
© Reuters. FILE PHOTO: A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
INTC
-
NVDA
-

BEIJING (Reuters) - Intel (NASDAQ:INTC) will release two AI chips with reduced capabilities for the Chinese market, in order to comply with U.S. export controls and sanctions.

The two chips, HL-328 and HL-388, are scheduled for launch in June and September, respectively, according to a white paper on the company's website dated April 12.

Tech outlet The Register first reported the plans from the white paper.

Rival Nvidia (NASDAQ:NVDA) also has plans for three China-specific chips after the United States late last year tightened a rule capping the capabilities of AI chips that can be shipped to China.

Intel's China-specific AI chips are based on the company's latest Gaudi 3 product line, which was unveiled on April 9, with similar hardware features including on-chip memory, high-bandwidth memory, and interface standards.

© Reuters. FILE PHOTO: A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

However, to comply with the export control regulations, the performance of the chips will be significantly reduced.

One of Nvidia's China-specific chips, the H20, is set to be delivered in small batches in the first quarter of 2024, with larger quantities expected from the second quarter, Reuters reported in January.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.