Nvidia's new RTX6000D chip, designed for the Chinese market, has experienced low demand from major tech firms due to its high cost and underwhelming performance compared to alternatives on the grey market. The chip's launch comes amid increasing scrutiny from Chinese authorities and ongoing U.S.-China trade tensions.

Huawei Technologies is testing its latest AI processor, aiming to rival high-end offerings from Nvidia. This development underscores the resilience of China's semiconductor industry amid U.S. efforts to restrict access to critical chip-making technology.

Nvidia is working on a version of its latest AI chip, Blackwell, tailored specifically for the Chinese market after facing U.S. export restrictions. The company anticipates having samples available by June, as it aims to navigate the limitations imposed on its sales to China, a crucial market for its technology.

Microsoft's development of its custom AI chip, code-named Braga, has been delayed until 2026 due to design changes and staffing issues. This setback raises doubts about Microsoft's ability to compete with Nvidia's established dominance in the AI chip market, as the Braga chip is now expected to lag behind Nvidia's upcoming products in performance.

Qualcomm's stock surged by 20% after announcing new artificial intelligence accelerator chips aimed at competing with Nvidia. The AI200 and AI250 chips, set to ship in 2024 and 2027 respectively, promise high memory bandwidth and energy efficiency, marking Qualcomm's expansion into the AI chip market.