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Nvidia's AI Chip Dominance Soars as Chinese Companies Boost Orders

Nvidia's H20 artificial intelligence chip is experiencing a surge in demand from Chinese companies, including tech giants Alibaba, ByteDance, and Tencent, which are boosting orders of the chip due to booming demand for DeepSeek's low-cost AI models. The jump in orders underlines Nvidia's dominance of the market and could help alleviate concerns that DeepSeek might cause a slide in AI chip demand. As Chinese companies increasingly adopt DeepSeek's AI models, the company is set to reap significant revenue from its H20 chip sales.

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