(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)
By Katrina Hamlin
HONG KONG, May 4 (Reuters Breakingviews) - Washington’s AI chip curbs have led to the $5 trln titan forgoing revenue in the People’s Republic. Now CEO Jensen Huang has a consolation prize: the rise of intelligent driving will turbocharge the chip market for vehicles. But local rivals are also chasing the same opportunity.
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CONTEXT NEWS Carmaker Nio aims for its self-developed chips to improve the company’s profitability and is open to selling them to third parties, CEO William ‌Li said on April 24, on the sidelines of the Auto China industry show in Beijing. Separately, Xpeng is transitioning its own brand’s new models to use the Turing chips which it developed in-house, the company said on March 20.
Chinese carmakers BYD and Geely will both use Nvidia’s Drive Hyperion platform, combining chips, computers, sensors and software for autonomous vehicles, the chipmaker said on March 16. (Editing by Antony Currie; Production by Ujjaini Dutta)

Anthropic's flagship new model, Opus 4.7, has officially launched, significantly enhancing its programming and multi-step inference capabilities. OpenAI has simultaneously upgraded Codex, enabling it to autonomously operate a computer in the background, directly competing with Claude Code. With continued expansion in computing power demand, AI infrastructure sectors such as CPUs, storage, data centers, and optical interconnects are expected to benefit. Which AI industry chain investment opportunity do you see as most promising?

Anthropic's flagship new model, Opus 4.7, has officially launched, significantly enhancing its programming and multi-step inference capabilities. OpenAI has simultaneously upgraded Codex, enabling it to autonomously operate a computer in the background, directly competing with Claude Code. With continued expansion in computing power demand, AI infrastructure sectors such as CPUs, storage, data centers, and optical interconnects are expected to benefit. Which AI industry chain investment opportunity do you see as most promising?

Giants Unveil New Models, AI Makes Strong Comeback

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- Washington's AI chip restrictions have resulted in a $5 trillion loss in revenue for a major chipmaker in China, while increasing opportunities in intelligent vehicle technology.  
- CEO Jensen Huang is poised to benefit from this shift in the automotive chip market, although local competitors are also pursuing the same technological advancements.  
- Carmakers like Nio and Xpeng are developing and transitioning to in-house chip solutions, while companies like BYD and Geely utilize Nvidia's Drive Hyperion platform for autonomous vehicles.

Reuters

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BREAKINGVIEWS-Smart cars offer Nvidia route back to China