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Huawei’s new AI chip set to challenge Nvidia: WSJ

August 13, 2024 7:15 AM EDT

Huawei Technologies is nearing the launch of a new AI chip, the Ascend 910C, challenging NVIDIA (NASDAQ: NVDA) despite U.S. sanctions, according to a report by the Wall Street Journal on Tuesday.

The publication, citing people familiar with the matter, said Chinese tech companies have been testing the chip, which Huawei is said to have told potential clients, rivals... More