Nvidia (NASDAQ:NVDA) faces mounting pressure in China as Beijing accelerates domestic chip production, with Huawei, SMIC, and AI startups ramping capacity and optimizing systems around local hardware, threatening a market that once accounted for more than 13% of the U.S. chipmaker's revenue.
Huawei and Semiconductor Manufacturing International Corp. (SMIC) are ramping up advanced chipmaking, while AI players such as DeepSeek are optimizing models for Chinese processors to reduce dependence on Nvidia, the Financial Times reported Wednesday.
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