Chinese Cities Target 70% AI Chip Self-Reliance by 2027, Challenging Nvidia Dominance
Summary
Major Chinese cities are targeting 70% self-reliance in AI chips by 2027, challenging Nvidia's dominance as Beijing pushes to develop the domestic AI industry and reduce reliance on foreign technology.
Key Points
- Leading Chinese municipalities aim for 70% self-sufficiency in artificial intelligence chips by 2027.
- The move counters the dominance of U.S. leader Nvidia in the AI chip supply chain.
- Beijing pushes to develop the domestic AI industry and reduce reliance on foreign technology.