Nvidia Forecasted To Make $12 Billion Selling GPUs In China

Nvidia is expected to earn $12 billion from GPU sales to China in 2024, despite U.S. trade restrictions. Research firm SemiAnalysis says the GPU maker will ship over 1 million units of its new H20 model to the Chinese market, “with each one said to cost between $12,000 and $13,000 apiece,” reports The Register. From the report: This figure is said by SemiAnalysis to be nearly double what Huawei is likely to sell of its rival accelerator, the Ascend 910B, as reported by The Financial Times. If accurate, this would seem to contradict earlier reports that Nvidia had moved to cut the price of its products for the China market. This was because buyers were said to be opting instead for domestically made kit for accelerating AI workloads. The H20 GPU is understood to be the top performing model out of three Nvidia GPUs specially designed for the Chinese market to comply with rules introduced by the Biden administration last year that curb performance.

In contrast, Huawei’s Ascend 910B is claimed to have performance on a par with that of Nvidia’s A100 GPU. It is believed to be an in-house design manufactured by Chinese chipmaker SMIC using a 7nm process technology, unlike the older Ascend 910 product. If this forecast proves accurate, it will be a relief for Nvidia, which earlier disclosed that its sales in China delivered a “mid-single digit percentage” of revenue for its Q4 of FY2024, and was forecast to do the same in Q1 of FY 2025. In contrast, the Chinese market had made up between 20 and 25 percent of the company’s revenue in recent years, until the export restrictions landed.

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Kien, the Most-Delayed Video Game in History, Released After 22 Years

An Italian video game, 22 years in the making, has finally hit the market, setting a record for the longest development time in gaming history. “Kien,” an action platformer for Nintendo’s Game Boy Advance, began development in 2002 by a group of five inexperienced enthusiasts, The Guardian reports. Only one, Fabio Belsanti, saw the project through to completion. The game, inspired by 15th-century Tuscan manuscripts and early Japanese graphics, offers a challenging, nonlinear fantasy experience. It’s now available on a translucent gray cartridge, complete with a printed manual — a rarity in modern gaming. Belsanti’s company, AgeOfGames, survived the delay by creating educational games. The recent boom in retro gaming finally made Kien’s release feasible, he said.

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Roku Faces Criticism Over Controversial TV Update

Half of Petrol Stations Expected To Close in Next Decade

Half of the Netherlands’ petrol stations are set to close in the next five to 10 years as electric cars start to take over the market, according to ING Research. From a report: The bank’s economists say there will be insufficient earnings in future, with only some 2,000 of today’s 4,131 gas stations remaining. “It is mainly the small, unmanned petrol stations that will disappear,” says ING Research, as reported in De Telegraaf. […]

Owners are trying to maintain turnover by increasing their sales of food and beverages, maintenance services and even car washing, ING says. But the long-term business model of independent stations will be difficult to maintain. “A quick calculation shows how long petrol station owners can still sell petrol,” Dirk Mulder, Trade & Retail sector banker at ING Research, said. “A new car remains in the Dutch fleet for an average of 19 years. The last petrol and diesel cars will come onto the market in 2034 and will stay on the road until approximately 2053.”

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