BEIJING (Reuters) -Nvidia has asked Foxconn to suspend work on the H20 AI chip, the most advanced product the U.S. company is currently permitted to sell to China, two people briefed on the matter said.
Foxconn, formally known as Hon Hai Precision Industry Co Ltd, handles backend processing work as one of Nvidia’s component suppliers for the chip.
“We constantly manage our supply chain to address market conditions,” Nvidia said in a statement, declining to elaborate further.
(Reporting by Fanny Potkin in Singapore, Liam Mo in Beijing, Wen-Yee Lee in Taipei and Brenda Goh in Shanghai; Editing by Himani Sarkar)
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