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Benzinga
Benzinga
Business
Anusuya Lahiri

Huawei Bets On Brute Force To Outpace Nvidia

Nvidia Huawei NVDA Nasdaq OpenAI Eric Xu
Nvidia Corporation

Nvidia (NASDAQ:NVDA) shares pulled back in premarket trading on Tuesday, surrendering some of Monday’s gains following reports that Huawei is aggressively pursuing an alternative path to challenge the U.S. chip designer’s dominance.

At its annual Huawei Connect conference, Huawei’s rotating Chairman Eric Xu unveiled a three-year plan to erode Nvidia’s leadership in artificial intelligence.

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