Nvidia investors shouldn’t worry about Huawei’s new artificial-intelligence chip. The Chinese tech giant is set to test its Ascend 910D chip, but it’s unlikely to gain significant traction outside of China.
According to an analyst, Huawei’s new chip faces stiff competition from established players like Nvidia. Despite this, Huawei plans to test the chip with fellow domestic companies and expects to receive samples next month.
The move is seen as a strategic attempt by Huawei to challenge Nvidia’s dominance in the AI chip market. However, given the Chinese company’s complicated history with US regulations and its limited international presence, it remains uncertain whether Huawei’s chip will gain significant ground globally.
Source: https://www.marketwatch.com/story/why-nvidia-investors-shouldnt-worry-about-huaweis-new-ai-chip-69f33b81