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AI This Week Was All About Chips and China Investment Rules

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Photographer: Ramsay De Give/Bloomberg

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By Jesse Levine

August 12, 2023 at 11:00 AM UTC

Somebody better break out the guacamole, because this week was all about chips.

Powerhouse chipmaker Nvidia Corp. unveiled an updated, faster chip this week aimed at cementing the company’s dominance in artificial intelligence. The Grace Hopper Superchip, named for the trailblazing American computer scientist, will go into production in the second quarter of 2024.