Reported about 9 hours ago
Nvidia's stock dropped nearly 4% following reports that Huawei is set to test its new AI chip, the Ascend 910D, which aims to compete with Nvidia's high-end products. This comes amid a challenging year for Nvidia, which has seen its shares lose 20% value since January, partly due to competition from Chinese tech firms and export restrictions on its chips to China.
Source: YAHOO