Nvidia ($NVDA) News – April 29, 2025: Shares Slide as Huawei Launches New AI Chip, U.S. Tariffs Cloud Outlook
Summary Highlights Nvidia Hit by AI Chip War Escalation Nvidia Corp. ($NVDA), the titan of GPU-based AI acceleration, saw its shares dip nearly 4% today amid breaking news that Huawei has officially launched a next-gen AI chip designed to rival Nvidia’s flagship offerings. The move, unveiled at a Beijing tech summit, signals China’s deeper commitment … Read more