Nvidia stock climbing despite reports of new Huawei AI chip #NewsUnitedStates

Shares of Nvidia (NVDA) are climbing despite a new threat from overseas technology rival Huawei. According to a report in the Wall Street Journal, the Chinese chip company is close to introducing a new AI chip for AI use that could challenge Nvidia’s place in the Chinese market.

Market Domination hosts Josh Schafer and Julie Hyman report more on the story and some of the headwinds Nvidia faces in China, particularly when it comes to regulations.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Melanie Riehl