Nvidia China market share to drastically decrease from 66% to 8%, analysts claim ā export curbs and homegrown success to blame
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Verdict: Analysts predict a significant drop in Nvidia's China market share, from 66% to 8%, due to export restrictions and increased competition from domestic alternatives.
ā” Quick Hits
- Nvidia's market share in China is projected to plummet.
- Export curbs are a major factor in Nvidia's declining presence.
- Homegrown Chinese alternatives are gaining traction.
Nvidia's China Market Share Expected to Plummet
A recent report indicates a dramatic decline in Nvidia's market share within China. Analysts predict a fall from a dominant 66% to a mere 8%. This sharp decrease is attributed to a combination of factors, primarily export restrictions imposed on advanced technology and the rising success of domestically produced alternatives. The report suggests that these challenges will significantly impact Nvidia's presence in the Chinese market in the near future.
*Source Intel: Read Original*
