<div id="readability-page-1"><div><div><p><strong>Nvidia Corporation</strong> <span>NVDA</span> has denied reports that it is re-entering the Chinese market with a new AI chip, despite a previous ban by the U.S. government.</p><p><strong>What Happened</strong>: Nvidia supplier, Shenzhen-based <strong>ZJK Industrial</strong> (ZJK) is ramping up production to cater to the increasing demand for Nvidia’s B40 project. The B40 chip, a custom AI accelerator, is specifically designed for the Chinese market and is based on Nvidia’s Blackwell architecture. ZJK stated that it aims to commence mass production as early as this month, reported Investor’s Business Daily.</p><p>In a statement obtained by the publication, Nvidia denied the news. “We are still evaluating our limited options. Until we settle on a new product design and receive approval from the U.S. government, we are effectively foreclosed from China’s $50 billion data center market,” clarified the<strong> Jensen Huang</strong>-led company.</p><p>ZJK manufactures precision fasteners and metal parts for industries like electronics, automotive, aerospace, energy storage, medical devices, and AI supercomputer cooling systems. The company’s CEO, <strong>Ning Ding</strong>, highlighted the B40 project’s market advantages and expects B40 chip shipments to exceed one million units by the end of 2025.</p><p><strong>Why It Matters</strong>: Reports of Nvidia re-entering the Chinese market come after the company abandoned the release of its Hopper series chip in China due to U.S. restrictions. Nvidia’s CEO, <strong>Jensen Huang</strong>, confirmed that further modifications to the Hopper series were not feasible.</p><p><strong>Latest Startup Investment Opportunities</strong>:</p><div><div><div><div><div><div><ul><li><div><div><p><span><img src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2025/01/06125138/IMG_5682-edited.jpeg/query-YXV0bz13ZWJwJmF1dG89d2VicCZkcHI9MSZkcHI9MiZvcHRpbWl6ZT1tZWRpdW0md2lkdGg9MTA4MD9vcHRpbWl6ZT1tZWRpdW0md2lkdGg9Mzg0MA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1000" height="563" original-src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2025/01/06125138/IMG_5682-edited.jpeg/query-YXV0bz13ZWJwJmF1dG89d2VicCZkcHI9MSZkcHI9MiZvcHRpbWl6ZT1tZWRpdW0md2lkdGg9MTA4MD9vcHRpbWl6ZT1tZWRpdW0md2lkdGg9Mzg0MA"/></span></p></div><div><div><p><span></span></p><div><div><div><p><span>Min. Investment</span><span>$1,000</span></p><p><span>Industry</span><span>AI</span></p></div></div></div>Get Offer <p></p></div></div></div></li><li><div><div><p><span><img src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2025/01/12011752/Screenshot-2025-01-11-at-10.17.30%E2%80%AFPM.jpg/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0zODQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="7680" height="4130" original-src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2025/01/12011752/Screenshot-2025-01-11-at-10.17.30%E2%80%AFPM.jpg/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0zODQw"/></span></p></div><div><div><p><span></span></p><div><div><div><p><span>Min. Investment</span><span>$974</span></p><p><span>Industry</span><span>Tech</span></p></div></div></div>Get Offer <p></p></div></div></div></li></ul></div></div></div></div></div></div><p>Moreover, Huang has previously criticized U.S. chip export controls as counterproductive to America's technological leadership. He revealed that Nvidia wrote off $5.5 billion in inventory and walked away from approximately $15 billion in sales due to these restrictions.</p><p>The company’s first-quarter financial results were also impacted by the China export ban. However, Huang stated that the demand was ‘incredibly strong.’</p><p>Benzinga's Edge Rankings place Nvidia in the 74th percentile for momentum and the 99th percentile for growth, reflecting its strong performance in both areas. Check the detailed report here. </p><p>Over the past month, the stock surged 23.30%.</p><ul> <li><strong>READ MORE: </strong>Trump’s Tariff Plan Could Cut Deficit By $2.8 Trillion Over A Decade — But Not Without Consequences, Warns CBO</li> </ul><p><em>Image via Shutterstock</em></p></div></div></div>

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<p>Nvidia Corporation has denied reports of re-entering the Chinese market with a new AI chip, despite increased production by supplier ZJK Industrial for the B40 project. Nvidia stated it is evaluating options and cannot enter China's data center market without U.S. government approval. The company previously abandoned its Hopper series chip in China due to restrictions, which also impacted its financial results. CEO Jensen Huang criticized U.S. export controls, noting significant losses in inventory and sales. Despite challenges, Nvidia's stock surged 23.30% over the past month.</p>

- Nvidia Corporation has denied reports of re-entering the Chinese market with a new AI chip, despite a previous U.S. government ban.  
- ZJK Industrial, a supplier, is increasing production for Nvidia’s B40 project, a custom AI accelerator designed for China, but Nvidia stated it is still evaluating options and requires U.S. approval.  
- The company has faced significant financial impacts from export restrictions, including a $5.5 billion inventory write-off and lost sales, while demand for its products remains strong.

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Nvidia Denies Report Of Re-Entering Chinese Market With Custom AI Chip, Despite US Restrictions: 'We Are Still Evaluating...'