Nvidia resumes AI chip production for China and raises revenue forecast

Nvidia has restarted manufacturing its artificial intelligence chips for the Chinese market. The company's CEO, Jensen Huang, confirmed production of a modified version of its H200 AI processor for China is now underway.

Alongside this move, Nvidia has significantly raised its revenue forecast, with some analysts now predicting the company's annual revenue could reach $1 trillion. This optimism is tied to the company's focus on AI inference, the process of running trained AI models, which is seen as a massive future market.

The company is also accelerating the design of next-generation hardware components, like heat exchangers, using its own technology. However, it faces some criticism from PC gamers who are unhappy with a new AI-powered graphics feature.