The Chinese market has gone from representing roughly a quarter of Nvidia’s overall revenue in 2022 to just 12 percent for the current fiscal year.
In that time, Nvidia’s overall revenue has gone from $27 billion in 2022 to $61 billion in 2023 to $96 billion projected this year. This is true for many of the tech companies that have left China or have vastly reduced their presence.
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Thats gonna hit wongs bottom line.
The Chinese market has gone from representing roughly a quarter of Nvidia’s overall revenue in 2022 to just 12 percent for the current fiscal year.
In that time, Nvidia’s overall revenue has gone from $27 billion in 2022 to $61 billion in 2023 to $96 billion projected this year. This is true for many of the tech companies that have left China or have vastly reduced their presence.
Meanwhile, “we have AI at home”: [AI at home](https://www.capacitymedia.com/huawei-ascend)
Can’t wait to hear what the people of this sub who hate US import bans feel…
Last this news was shared a few days ago it was “China warns firms to use Nvidia AI chips”