Will Nvidia decline further? 🇺🇸 Chinese AI Chips Cut Costs by 20% versus Nvidia chips. Ant Group Co, backed by Jack Ma and affiliated with Alibaba, has utilized Chinese-made chips from Alibaba and Huawei, alongside U.S. chips from AMD, to train AI models with a 20% cost reduction and achieving performance similar to Nvidia’s chips, as reported by Bloomberg.

https://wallstreetpit.com/125434-chinese-ai-chips-cut-costs-by-20-challenging-nvidia/