Nio states that Nvidia fragment limitations would not affect them

Nio states that Nvidia fragment limitations would not affect them

September 9, 2022: -Chinese electric car maker Nio bound others in the industry by saying that U.S. limitations on Nvidia chip sales to China won’t affect the business.

In the previous week, Nvidia disclosed that the U.S. would require the chipmaker to get a license for future export to China for specific products to lower the risk of employing them by the Chinese military.

“We believe this will not affect our business operations,” William Li, founder, chairman, and CEO of Nio, communicated through the company’s translator during an earnings call. That’s according to a StreetAccount transcript.

“Based on our estimations, our computing power is sufficient for our autonomous driving technology development in the element of the AI training for now,” Li said. “And we have been working very closely with our partner Nvidia.”

The Nvidia Drive Orin chip has become a core part of assisted driving tech for Nio and other electric car companies in China. An online Nvidia blog post described how Nio’s latest ES7 SUV came with four chips, including one that allowed the car to learn from individual driver preferences.

The recent U.S. restrictions target Nvidia’s A100 and H100 products, whose sales are part of the more significant data center business. The products are graphics processors that exist used for synthetic intelligence.

On Wednesday, Li said that there are many companies in China with artificial intelligence training chips and that Nio is evaluating opportunities to work with different companies.

But he said the U.S. restrictions would not affect Nio’s long-term strategy.

In the last week, automaker Geely said it wouldn’t be affected by the new restrictions, as did autonomous driving start-ups WeRide and

Earlier this week, Chinese financial information site Caixin said that He Xiaopeng, chairman of electric car start-up Xpeng, said the restrictions would bring challenges for all autonomous driving algorithm training on cloud computing media.

But he said the group had bought enough high-tech products to meet the demand for the coming years. Caixin mentioned His post on a personal WeChat account, similar to a personal Facebook news feed post.

About Us

We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.

Recent Posts

GAINS | Empowering Companies to Make the Right Decision | Bill Benton

Ensuring the right products are in the right place and at the right time is critical for companies also dealing with supply chain constraints and a high degree of variability. Uncertainty has become the name of the game and the only way to effectively optimize inventory through continuous, data-driven assessments, planning, and decision-making.

Extensiv | Creating the Future of Omnichannel Fulfillment | Sheridan Richey

Food Huggers, a consumer brand that designs products to reduce waste at home, may be in an enviable position now but before they found Extensiv Order Manager, managing booming orders and staying on top of inventory was a huge operational challenge. The business has inventory spread across multiple geographically distributed warehouses, with orders received via multiple sales channels, including Shopify storefronts and Amazon.

Chainguard | Making Supply Chain Secure | Dan Lorenc

By late 202, the alarm bells were just starting to ring. Researchers discovered that Russian spies had months earlier burrowed deep into the networks of several U.S. federal networks. The spies, working for Russia’s foreign intelligence service, had first targeted SolarWinds, an IT company whose software helps to remotely manage the networks of thousands of businesses, Fortune 500 organizations and federal government agencies.

Nio states that Nvidia fragment limitations would not affect them