Chinese GPU startup, potential Nvidia rival, denies bankruptcy despite organizational adjustment

Chia-Han Lee, Taipei; Jingyue Hsiao, DIGITIMES Asia Monday 2 September 2024 0

Credit: AFP

Reports indicate that Xiangdixian, a China-based GPU design house considered a potential rival to Nvidia, has declared bankruptcy due to cash flow issues and has laid off nearly 400 employees. However, the company has clarified in a statement that,...

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