NVIDIA Corporation (NASDAQ:NVDA) is among the 15 Stocks ChatGPT Predicts Could Make You Wealthy in 5 Years. A top government advisor in Beijing has recently called on the country to ditch Nvidia for China’s own technology.
While speaking to a forum in Singapore, Professor Wei Shaojun said that Asian countries, including China, should develop their own chips to create AI and reduce reliance on general-purpose GPUs that are used to power platforms like ChatGPT and DeepSeek, while adding that Asian firms were at risk of becoming beholden to American technology.
“It’s unfortunate to see that we in Asia, including China, are emulating the US when it comes to developing algorithms and large models.”
U.S. curbs have prevented Chinese firms from acquiring cutting-edge chips for several years now, with companies having to grapple with a lack of NVIDIA Corporation (NASDAQ:NVDA) AI accelerators.
Despite DeepSeek’s recent emergence on the global stage, Chinese companies are still a few years behind the best that is commercially available today. However, it did show the ability of Chinese firms to enhance their AI algorithms even without the most advanced hardware.
Last month, Bloomberg reported that Beijing had urged local companies to avoid using NVIDIA Corporation (NASDAQ:NVDA)’s H20 processors, especially for government-related purposes.
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