After the US restricted the export of AI chips to China, Nvidia (NVDA.US) will introduce a new downgraded AI chip for the mainland market to comply with U.S. government regulations, Reuters, citing people with the knowledge of the matter, reported. Its price will be sharply lower than the recently restricted H20 model, with mass production expected to begin as early as June. The new chip is part of Nvidia's latest generation Blackwell architecture AI processors, sources divulged. Related NewsUS Issues Warning on Huawei Chips; CN MOC Slams US Export Control AbuseDue to its lower specifications and simpler manufacturing requirements, the expected price ranges from US$6,500 to US$8,000, which is lower than the current H20 model's price of US$10,000 to US$12,000. Nvidia also plans to develop another Blackwell architecture chip in China, with production potentially starting as early as September.(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)