Nvidia stock under pressure after report of AI chip delay for China

News Room

Shares of Nvidia Corp. fell Friday following a report that the tech giant will delay the launch of one of its new artificial intelligence chips destined for China.

Nvidia will now roll out one of three big AI chips for that market early next year Reuters reported, citing sources. Earlier this month, a report surfaced that Nvidia planned the trio of AI chips for China after the U.S. government blocked it from selling high-end chips in that country.

The…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In

Read the full article here

Share this Article
Leave a comment