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Nvidia (NVDA) Tumbles as Huawei Unveils Ascend AI Chip Roadmap

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Huawei unveiled a multi-year Ascend AI chip roadmap and large-scale chip-bundling tech to compete with Nvidia in China, aiming first releases next year and claiming future systems that could surpass Nvidia's 2027 plans.
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NVDA price history

218.29 +19.87% over the displayed period

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