After NVIDIA revealed yesterday that it expects the Trump administration to grant export licenses for the H20 GPU sales to China, research firm TrendForce believes that domestic Chinese chip designers and semiconductor firms should continue developing chips in parallel. US restrictions on the H20 were levied earlier this year and saw a sharp response from NVIDIA CEO Jensen Huang, who asserted that chip restrictions on China would only spur the local ecosystem's development. TrendForce reports that it now expects China's procurement ratio for foreign AI chips to sit at 49% for a seven percentage point jump over the earlier 42%. […]
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