Nvidia’s stock dropped 4.51% on Monday following reports that Huawei is ramping up AI chip production, while Bernstein analyst Stacy Rasgon dismissed the impact, stating Nvidia “can’t compete” in China due to U.S. export restrictions.
Nvidia’s stock dropped 4.51% on Monday following reports that Huawei is ramping up AI chip production, while Bernstein analyst Stacy Rasgon dismissed the impact, stating Nvidia “can’t compete” in China due to U.S. export restrictions.
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