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Wajeeh Khan

Huawei Jabs Nvidia with a New AI Chip. How Should You Play NVDA Stock Here?

Nvidia Huawei NVDA Wedbush Matt Bryson China United States

China’s Huawei Technologies has reportedly built a new AI chip it hopes will rival Nvidia’s (NVDA) products. Shares of the U.S. semiconductor behemoth have lost nearly 3% on the news today. 

According to anonymous sources that spoke with the Wall Street Journal, Huawei has already approached domestic technology companies to test the technical feasibility of its Ascend 910D. 

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