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Nvidia Once Slips 4% Amid Reports of Huawei’s New AI Chip Development
29 Apr 2025 00:17
Nvidia (NVDA.US) shares sagged more than 4% on Monday, bottoming at USD106.38, in wake of emerging competition from China’s Huawei in the AI chip arena.

Huawei is testing its new Ascend 910D chip, designed to excel Nvidia’s H100, the Wall Street Journal reported.

Huawei has started supplying its Ascend 910B and 910C chips to major Chinese tech firms, including ByteDance.
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Stock & Type Code Strike(Call Level) Last Effective Gearing
Nvidia (C) 10573 150 (-) 0.083 5.4 X
Nvidia (C) 10615 135 (-) 0.156 4.3 X
Nvidia (P) 10538 116 (-) 0.250 3.4 X
Nvidia (P) 10581 95 (-) 0.160 3.0 X

 

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