News of the delay follows analysts concerns around Nvidia’s plan to introduce three new chips for China, as developing new chips can be highly resource-intensive
Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions
Chinese tech firms have historically relied on sector leader Nvidia but Washington’s tech curbs have prompted a shift away from the US firm
Chinese tech giants, including Alibaba, ByteDance and Baidu, had placed orders worth billions for 2024 and Nvidia had planned to deliver some of them by mid-November
In a filing to the SEC, Nvidia noted five chips that will be impacted as the rules go into effect: the A100, A800, H100, H800, and L40S
Foxconn boss Liu Young-way said the new cutting-edge data centres could be used to help self-driving cars learn
The chief of one of the world’s biggest chip equipment-makers, ASML, said isolating China completely will ‘force’ the country to ramp up innovation
Foxconn founder Terry Gou, who’s running in Taiwan's presidential election, said Beijing won’t be able to influence him despite his business links in China
The new Arizona chip factory is due to be up and running by next year and a second fab making the most advanced chips set to start production in 2026
Fresh export control rules being considered by the US will prohibit Nvidia from selling to China even those chips it specifically designed to meet earlier limits
"The process of diversifying in different geographies is an excellent strategy by TSMC and so TSMC is now part of Nvidia's diversity and redundancy strategy," chief Jensen Huang said