Nvidia Abandons China-Bound Chips To Fast-Track Vera Rubin

Nvidia Corp. (NASDAQ:NVDA) is adjusting its production strategy amid uncertainty over U.S. export approvals, which continue to limit shipments of advanced AI chips to China.

China Strategy Recalibrated

The company has reportedly halted production of its H200 AI chips intended for the Chinese market.

It has shifted manufacturing capacity at contract chipmakerTaiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) away from producing H200 chips and toward its next-generation Vera Rubin hardware, the Financial Times reported on Thursday, citing people familiar with the matter.

Last week, Nvidia said it had received U.S. government licenses to ship "small amounts" of...