NVIDIA Is Plotting Its China Comeback Via A New LPU-Based Inference Chip, As SMIC Rides US Export Controls To A Virtual China Monopoly [Update: NVIDIA Denies]

NVIDIA is trying to thread the needle when it comes to its gigantic customer base in China, attempting to balance the efficacy of its China-specific offerings with the restrictions imposed under sweeping US export controls. Now, at a time when Beijing is actively discouraging enterprises from importing the NVIDIA H200 GPUs that the Trump administration has specifically authorized for use within…