Market Chatter: China's Huawei Develops New AI Chip in Bid to Replace Certain Nvidia Products

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Market Chatter: China's Huawei Develops New AI Chip in Bid to Replace Certain Nvidia Products

MT Newswires Live04-28

China's Huawei Technologies is preparing to test its latest artificial intelligence processor that it hopes could replace certain higher-end products of US chipmaking giant Nvidia $(NVDA)$, The Wall Street Journal reported Sunday, citing people familiar with the matter.

Huawei has reached out to certain Chinese technology firms regarding testing the technical feasibility of the new Ascend 910D chip, the unnamed sources told the news outlet.

The company hopes that the new processors will be more powerful than Nvidia's H100, the Journal reported, citing one of the sources.

Nvidia and Huawei did not immediately reply to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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