Core Viewpoint - Nvidia is launching a new AI chip for the Chinese market, priced significantly lower than the recently restricted H20 model, reflecting weaker specifications and simpler manufacturing requirements [2][3]. Group 1: Product Launch and Specifications - Nvidia plans to start mass production of the new GPU based on the Blackwell architecture as early as June, with a price range of $6,500 to $8,000, compared to the H20's price of $10,000 to $12,000 [2]. - The new chip will utilize the RTX Pro 6000D architecture and traditional GDDR7 memory, rather than advanced high-bandwidth memory [2]. - The new GPU's specifications and production timeline had not been previously reported [2]. Group 2: Market Impact and Sales - Nvidia's market share in China has plummeted from 95% before the U.S. export restrictions in 2022 to approximately 50% currently [3]. - The company has had to write off $5.5 billion in inventory and abandon $15 billion in potential sales due to the H20 ban [4]. - New export restrictions have limited memory bandwidth to 1.7-1.8 TB per second, compared to the H20's 4 TB per second, impacting AI workloads that require high data processing speeds [5]. Group 3: Future Developments - Nvidia is also developing another Blackwell architecture chip for China, expected to begin production in September [3]. - The new GPU is predicted to use GDDR7 memory technology, achieving speeds just within the export control limits [5].