Nvidia's set to regain some China access. But it still faces eroding AI chip market share

Despite Nvidia receiving assurances it can resume sales of H20 chips to China, Bernstein predicts that the company's market share in the country will fall to 54% in 2025, down from 66% in 2024. Since the H20s were blocked from the market in April, local rivals have continued to advance and grab more customers.