NVIDIA Corp (NASDAQ:NVDA) shares are trading lower Monday. Reports from the weekend indicated that China’s Huawei Technologies has developed an AI chip to directly challenge Nvidia.
What To Know: Huawei has developed a new AI processor called Ascend 910D that it hopes will be a replacement for some higher-end chips made by Nvidia, the Wall Street Journal reported on Sunday.
People familiar with the matter said Huawei already approached some Chinese technology companies with intentions of testing the technical practicability of the new chip.
Development of the chip is still in the early stages, but the company could reportedly receive its first sample batches by late May. This latest version of the company’s Ascend AI processor …
Full story available on Benzinga.com
NVIDIA Corp (NASDAQ:NVDA) shares are trading lower Monday. Reports from the weekend indicated that China’s Huawei Technologies has developed an AI chip to directly challenge Nvidia.
What To Know: Huawei has developed a new AI processor called Ascend 910D that it hopes will be a replacement for some higher-end chips made by Nvidia, the Wall Street Journal reported on Sunday.
People familiar with the matter said Huawei already approached some Chinese technology companies with intentions of testing the technical practicability of the new chip.
Development of the chip is still in the early stages, but the company could reportedly receive its first sample batches by late May. This latest version of the company’s Ascend AI processor …
Full story available on Benzinga.com
NVIDIA Corp (NASDAQ:NVDA) shares are trading lower Monday. Reports from the weekend indicated that China’s Huawei Technologies has developed an AI chip to directly challenge Nvidia.
What To Know: Huawei has developed a new AI processor called Ascend 910D that it hopes will be a replacement for some higher-end chips made by Nvidia, the Wall Street Journal reported on Sunday.
People familiar with the matter said Huawei already approached some Chinese technology companies with intentions of testing the technical practicability of the new chip.
Development of the chip is still in the early stages, but the company could reportedly receive its first sample batches by late May. This latest version of the company’s Ascend AI processor …Full story available on Benzinga.com Read MoreNews, NVDA, why it’s moving, Global, Movers, NVDA, US67066G1040, News, Global, Movers, Benzinga News
