Nvidia stock under pressure after report of AI chip hold-up for China

Shares of Nvidia Corp. fell Friday following a report that the tech giant will postpone the launch of among its brand-new expert system chips predestined for China.

Nvidia will now present among 3 huge AI chips for that market early next year Reuters reported, pointing out sources. Previously this month, a report appeared that Nvidia prepared the trio of AI chips for China after the U.S. federal government obstructed it from offering high-end chips in that nation.

The …

Master your cash.

Sign up for MarketWatch.

Get this post and all of MarketWatch.

Gain access to from any gadget. Anywhere. Anytime.

Subscribe Now.

Like this post? Please share to your friends:
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: