CORRECTED-EXCLUSIVE-Nvidia preparing Groq chips that can be sold in Chinese market, sources say

Reuters03-18
CORRECTED-EXCLUSIVE-<a href="https://laohu8.com/S/NVDA">Nvidia</a> preparing Groq chips that can be sold in Chinese market, sources say

Corrects to show Nvidia licensed Groq technology rather than buying company in paragraph 2

By Max A. Cherney and Stephen Nellis

SAN JOSE, California, March 17 (Reuters) - Nvidia is preparing a version of its Groq artificial-intelligence chips that can be sold to the Chinese market, two sources familiar with the matter told Reuters on Tuesday.

Nvidia licensed technology from Groq, an AI chip startup, late last year in a $17 billion deal and showed a new lineup of products based around its chips at its annual developer conference in San Jose, California, this week.

The move to develop a version of the chips for the Chinese market comes as Nvidia CEO Jensen Huang said that the company has restarted production of its H200 chips, the predecessor to its current flagship chip, after obtaining export licenses from U.S. President Donald Trump's administration and purchase orders from Chinese customers.

(Reporting by Stephen Nellis and Max A. Cherney in San Jose, California; Additional reporting by Yelin Mo in Beijing; Editing by Peter Henderson and Matthew Lewis)

((stephen.nellis@thomsonreuters.com))

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